Liverpool posted a pre-tax profit of £60m in their latest published accounts but the figures were skewed entirely by the sale of Luis Suarez to Barcelona, as the actual figure is much less. The Uruguay internationals departure in the summer of 2014 meant the entire £75m transfer was recorded in the accounts for the year ending May 31, 2015.However, all that income was immediately reinvested by then manager Brendan Rodgers in eight new players. That cost has been spread over the course of their long-term contracts, and the club have also awarded new deals to the likes of captain Jordan Henderson, Philippe Coutinho, Kolo Toure and Jordon Ibe. It meant the accounts record, on paper, a massive profit when in reality taking the Suarez fee - which is payable in instalments - and subsequent player spending out of the equation the club would have just about broken even. They made a £900,000 profit the previous year. Luis Suarez joined Barcelona in the summer of 2014 for £75m We continue to make solid financial progress and reported growth in our commercial, media and matchday revenues which continues to add strength to our financial position, said chief executive Ian Ayre.Last year we saw a small profit for the first time in seven years which demonstrated our recent progressThis year the profit reported has significantly increased, which is mainly a result of the sale of Luis Suarez in July 2014 and that has already been reinvested into the playing squad.Our real financial position is closer to break-even and it is the underlying revenue growth thats important and provides us with the long-term stability. Liverpool recorded a profit last year The clubs commercial revenue increased by 12 per cent to £116.3m following the announcement of 12 new partnerships and renewals and the opening of 180 new retail outlets worldwide.Media revenue grew from £100.9m to £122.6m due to Champions League participation in the 2014/15 Champions League and reaching the semi-finals of the FA and League Cups, which also had the knock-on effect of boosting matchday revenue by 15.9 per cent to £59m because of the additional matches and hospitality income.The accounts show owners Fenway Sports Group wrote off a £69m loan by converting it into equity, while also investing £49m in stadium expansion costs with the renovated, increased capacity Main Stand due to open for the start of next season. Also See: Liverpool video Liverpool fixtures Liverpool stats Get a free £10 bet Paul Martin JerseyBryan Rust Jersey .Y. -- Canadas Kaillie Humphries and Heather Moyse have another World Cup gold medal after winning the two-women bobsled race on Saturday in Lake Placid, N. http://www.penguinsauthenticofficial.com/matt-murray-jersey/ .J. -- Pitcher Carl Pavano is retiring after 14 major league seasons. Larry Murphy Jersey . He was followed closely by David Clarkson, donning red, seconds later. Clarksons actions one night earlier, leaping off the bench in defence of Kessel during a pre-season game against the Buffalo Sabres, will cost him the first 10 games of the regular season. Matt Murray Penguins Jersey .com) - The Pittsburgh Penguins placed forward James Neal on injured reserve Tuesday.West Ham are close to agreeing a deal to sell striker Nikica Jelavic to Chinese second division side Beijing Renhe. The transfer is 95 per cent done, according to a source close to the negotiations.Croatia international Jelavic joined West Ham on a two-year deal from Hull City last September for £3m, but has struggled to secure a regular first-team place with 13 of his 15 appearances coming from the substitutes bench. The 30-year-old, who has scored two goals during his time at Upton Park, had spells with Hajduk Split, Waregem, Rapid Vienna, Rangers and Everton before moving to the Tigers for £6.5m in January 2014. Jelavic (centre) celebrates after scoring against Newcastle The Chinese transfer window closes on February 26 and West Ham playmaker Dimitri Payet is another target, with an unnamed club prepared to pay £38m for his services, according to Sky sources.ddddddddddddhinese clubs have already spent more than £100m on European-based players this year, including Jackson Martinez, Ramires and Alex Teixeira. Also See: Chinese club wants Payet Gold expects sellout Bilic: We need to keep Payet Get £10 free bet ' ' '