In the News

Liverpool expands their stadium capacity

Geoff Riley

11th September 2016

When teaching elasticity of supply I often use a listing of the stadium capacity of the major Premier League grounds as an example of where supply is fixed at least in the short run. Liverpool has just opened an expansion to the capacity of their iconic Anfield ground adding over eight thousand seats.

The move is likely to generate an extra £20 million of match-day revenue every season and help lift Liverpool closer to the huge revenue streams enjoyed by their main competitor clubs in the UK and elsewhere in Europe.

Liverpool expands their stadium capacity

Geoff Riley

Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.

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