Essentially a +70 mill shot in the arm or lee way. That was the projected loss for 19/20.
So a three year rolling average of loss is :
17/18: 8.5 mill
18/19: 111mill
20/21: Whatever.
We‘ve had a revenue boost of 35 mill through USM, we can write of 40mill in Stadium costs once planning permission is granted for Cost and sustainability.
We carried a big wage bill in 19/20, that won’t be taken into account. We‘ve saved 15.5 off the wage bill in Schneiderlin, Stekelenburg, Dowell, Niasse, Garbutt, Martina, Baines leaving + whatever we got in fees in addition. That’s so far. So we get a free hit on our big wage bill and year with the deadwood for free as their contracts run down. For perspective taking on Jamo, Doucoure and Allan in fees and wages is 30 mill a year. We’ve probably save 20 mill of that in wages and fees saving so far.
So with the suspension of the 19/20 year and weighing up the above, we are looking a lot healthier. Essentially we dodged our second worse financial year ever as far as compliance goes.
All of the above adds up to what we see us spending now, wiggle room to make the transfers and comply.
Also we might need to sell a player, but it might not, nor will we be desperate to sell a Richarlison or Digne.
As catcher says there are big questions over Profit and Sustainabkitty in 20/21, the same circumstances apply and we are already a quarter into the year.
Very simply we’ve swapped a loss of 70 mill in a year for one of 8.5 mill.