I’d take the operating loss with a pinch of salt - given that we have the 2nd highest turnover in the league there’s no reason it should be so high compared to other clubs (who all have broadly similar cost bases) - what we don’t know is how much is charged to other group companies for ground rent, admin charges, financing charges etc.
In fact I’d take the fact we have the 2nd highest turnover (despite being in 2nd tier euro cup for the period covered) as extremely positive.
Don't care about the operating loss, I just wish we weren't one of the clubs whose existence is entirely linked to the goodwill of one secretive lender.