Liverpool boss Jurgen Klopp has opened up on the financial benefits his side will receive if they can continue progressing in the UEFA Champions League. 

The German spoke ahead of Wednesday's trip to Bayern Munich, where a place in the quarter-final is at stake.

Per Goal's Neil Jones, he said the Reds received "a lot of money in one game" when they beat Napoli in their final group stage match to reach the knockout phase, and added:

"It is a money-throwing competition, if I can say that, and we have to be in it as long as possible because we have to improve the situation for the club.

"It's not like we always ask people 'Do you have some money? Do you have some money?' We have to earn most of the money for ourselves with the football that we play. That is exactly what you can do in the Champions League.

"If it happens, it will be a great night. If it doesn't happen, it is not the end of the world."

In February, the Reds released their accounts for the financial year ending in May 31, 2018.