£160m loss before tax for 3 seasons (strictly should adjust for 19/20 too but busy at present). Add back Covid (say £50m) academy £30m and others £15m gives £65m FFP loss up to end of 22/23 but going forward higher wages & amortisation less better UEFA, commercial income

— Kieran Maguire (@KieranMaguire) January 11, 2024