Solihull Samba Boys said:
As above, is it the 'operating loss' that UEFA are arsed about for FFP? If so we'll piss it, with the new TV deal and the Nike kit deal amongst other revenue streams.
Seems that this is the operating loss from 2012, which is essentially revenue minus day-to-day expenses like wages. It doesn't include things like player amortisation, profit or loss on player sales and finance charges. It is part of the overall £97m loss which has already been reported and is the start figure for FFP.