I'm not disagreeing with you, just replying to your point that Forest reported losses similar to ours. Clearly, their recent reported loss is neither here nor there - but the fact they have CLEARLY overspent on players leaves them with a problem. Either they reduce their wage bill in time for...
The most recent financial year doesn't mean a lot because FFP doesn't take affect until next season. Consequently any club with a half decent accountant (like ours) will have loaded all possible losses into the last set of results and the next set of accounts coming up - stuff like front...