Main thing I took is that overall debt has gone down hasnt it?
And to those clinging to some vain hope that we'll fail FFP, never going to happen
I've seen it quoted that external debt has gone down 29% to 45million which gives a figure of around 65million for the external debt. So no overall debt is up, just the source is internal and thus doesn't necessarily have to be paid back nor have interest on it. IE this money is owed to Henry the troll, not a bank. He may be charging interest and want it back but "owner debt" in football is usually lower interest than banks and often never paid back, but just written off.
Football 365 thinks this was mostly down to the 25mil on Allen and borini with another 20mil on Sturridge and Coutinho, apparently not realising that the 45mil will be amortised over at least 4 years so count as likely 11mil max on the books(though there were 6 players signed(can't recall off top of my head who the other two were) so lets say maybe 15mil total of 50mil. Sky website can't account for amortisation, imagine my surprise.
Overall the numbers aren't terrible, commercial increased by 30mil in that season, yet losses increased from 40 to 50mil, meaning overall swing is some 40mil increase on the previous season. With only 20mil external debt paid down, they aren't positive or brilliant, but aren't terrible. The main thing with FFP will be several years of loss adding up to way over FFP levels. You have more commercial incoming since then, and tv revenue is up, but that will be reflected in new signings, new contract extensions and higher wages for people brought in the coming summer with CL in mind.
I think it was Frank banging on about replacement players wouldn't get as much as Vidic or Rio because they had been there for ages....... Neymar is on a higher wage than Messi now, should be all you need to know in that regard. He's been there for what 14-15 years now, has won everything, is there most important player and the new big signing is on more at what 20/21yrs old and in his first season at the club.
Also depends what bonuses/wages Liverpool players have already. It could be that 80% of the squad makes 20% higher wages if they qualify for the champs league(for seasons they are in it) thus the 20mil min, probably 30mil or so champs league money can be "gone" without signing or changing anything.