Liverpool paid a moving tribute to Diogo Jota in their end-of-year financial accounts, describing his death as an immeasurable loss. The accounts for the 2024-25 title-winning season revealed record revenues of £700 million.
The club disclosed a £14.4 million impairment of remaining registration costs and other associated costs due to Jota's death. This financial impact will be recognised in the reporting period ending 31 May 2026, as required by financial reporting standards.
Jota lost his life in July last year, alongside his brother, in a car crash in northern Spain. The accident occurred just 11 days after he married childhood sweetheart Rute Cardoso. A police investigation concluded that a tyre blowout while overtaking caused the vehicle to leave the road and burst into flames.
Liverpool have confirmed they will pay the full amount remaining on Jota's contract to his wife and three children, estimated at around £14.5 million. His number 20 shirt has been permanently retired in his honour.
Chairman Tom Werner said Jota was beloved for his genuine kindness, while manager Arne Slot praised the owners for honouring the contract. Chief financial officer Jenny Beacham noted the club's record revenues but also highlighted rising cost challenges.
