We had a 20m+ loss due to Covid, no player sales etc last season. Yes, we sold out season tickets but that doesn't account for match day revenue, European and Cup games etc. The losses would've been far less otherwise. That has already been addressed this year on both fronts with packed stadia, going further in Europe, in particular, and the cups and the sales of Patterson and effectively Gerrard and the coaching staff. In addition we have also had multiple new sponsorship deals and record breaking merchandise sales this season. We also have guaranteed group stage football for the first time next season so can budget that in accordingly. If we do have healthy player sales over the summer then I'd expect the majority of that to go back into the 1st team squad tbh.