Accounts released this week showed the Anfield club suffered a pre-tax loss of £ 46million in the year ending May 2020 and there would be more financial difficulties ahead.

Liverpool manager Jurgen Klopp said on Friday he was convinced that not qualifying for the Champions League would not have a major impact on his transfer plans.

Klopp was already resigned to being on a reduced budget due to the financial impact of the coronavirus, regardless of where the champions finished in the Premier League this season.

Accounts released this week showed the Anfield club recorded a pre-tax loss of £ 46million in the year ending May 2020 and there would be more financial difficulties ahead.

While there is a financial impact if six-time European champions Liverpool fail to finish in the top four, Klopp believes it won’t make a huge difference to his plans.

“I don’t think so, really,” he said. “Playing in the Champions League is obviously huge, especially from a financial point of view for the club, so it’s really important.”

The German added: “If we can’t do this, then it’s not good. Definitely not. I don’t think it will change anything because the situation was difficult before and after.

“Football is in a difficult situation. I don’t think that will change much.

Liverpool are absent on Sunday against rivals Manchester United, with Klopp looking to secure his first victory as a manager at Old Trafford.

The Merseyside club are four points behind fourth-placed Chelsea and Klopp is well aware of the importance of Liverpool’s first win at Old Trafford in seven years to his side’s hopes of reaching the Champions League.

“Over 100 percent,” he says. “Even then, if the others all win, nothing changes for us. But without winning football matches, we won’t end up in any kind of European competition, so for us everything is clear.

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