There was one stand-out figure in Leeds United's latest set of accounts.
Amid all the numbers, figures and projections, the bottom line shows that the club, for 2018/19, posted an annual loss of £21million.
That total, at first glance, may have alarmed some Whites ' fans.
After all, the Championship is a division where there is no shortage of examples of clubs spending beyond their means.
Kieran Maguire, a lecturer in football finance at the University of Liverpool, highlighted this fact by compiling a table of the wages to revenue ratio of all 24 clubs.
Leeds were placed in mid-table in those particular standings, despite spending 94 per cent of their revenue on wages.
To cut through the financial jargon associated with club accounts, Leeds Live got in touch with Mr Maguire to ask some pressing questions regarding these figures.
Q: Should LUFC fans be worried by these figures?
Kieran Maguire: Leeds' figures are not good, but it was a calculated gamble in terms of recruiting Marcelo Bielsa and investing in transfer fees and wages.
At £21million, their losses before tax are broadly where I would expect them to be for a club with a promotion budget.
Q: Should Leeds be concerned about FFP following these numbers?
KM: Under normal circumstances yes, but Leeds have done well in 2019/20 and I anticipate those losses to be far lower.
This is due to the use of the loan market in terms of recruitment and there's probably another £15-20m from player sales this season, as well as monetising the 100-year anniversary.
Q: How sustainable is the current wage bill? Is it promotion or bust?
KM: Provided income is maintained, then Leeds are fine for another few years.
Q: How do you think the current coronavirus situation will impact next years' figures?
KM: Significantly.
Merchandise, catering and hospitality spending is all discretionary, even if fans do their best to renew their season tickets.
Therefore, income per fan is likely to fall with expected rises in unemployment and the consequences of the furlough economy for three months.
It could also be that conspicuous consumption in things such as merchandise may become anti-fashion.
For instance, fans may not want to be seen spending £60-70 on a football shirts when friends and family may have lost loved ones and/or jobs as a result of the pandemic.
