Case in point.
The 26M figure (to be fair you creeped it up a mere 4M which is a modest increase compared to social media) are not all losses in the context of a playing/operating budget, otherwise we would fail FFP (13M).
Much of it is TB's willingness to invest structurally in the future...
We're currently losing around 47M a season by most accounts, mainly down to the transfer spending sprees CH is partial to and TB just doesn't know when to say no. Investment in structure for the future has been little to none.
This year we will fail FFP by approximately 68M if we don't get...
Hasn't gone to court, think it is due fairly soon. TB mentioned it at the pub in Bristol which you can still watch on Youtube here:
https://www.youtube.com/watch?v=zKJqq68pOtQ