Liverpool's wage bill has increased despite Champions League absence

• Total income of £184m lags behind main rivals• FSG lent club interest-free £30m to help with cash flowLiverpool's American owners lent the club £30m in 2010-11 as the club's income fell but the wage bill increased significantly during the first of three seasons without Champions League football. John Henry's Fenway Sports Group, which bought Liverpool from the previous American owners, Tom Hicks and George Gillett, then arranged for the club to have a £120m borrowing facility with three banks.Liverpool's accounts for the year to 31 July 2011 state that the £120m borrowing facility, with Roya...
 

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