Maybe they are just playing the system.That is the plan
They are a selling club now
But what kinda dumb model that is
If you buy 5 players for £50m and amortise them over 5 years that is £50m pa.
You only have to sell one or two academy players or players who have even on the books for a while for a book profit of £50m each year to cover that as profit is taken in the year of sale.
But how the hell it works with the wages of such a huge squad I have no idea, unless their wages are very low. Maybe that where the loans come in.. someone else pays the wages and so after a few years you sell them and book the profit again.