Ayre: Redeveloped stadium and Champions League football will raise Reds

Liverpool managing director Ian Ayre is confident a return to the Champions League and a redeveloped Anfield will put the club back among Europe’s richest sides.

The Reds, who posted a near £50m loss for the year ending May 2013 last week, are 12th in Deloitte’s rankings, the first time they have been outside the top 10 in 14 years.