This. And what Growler said. I have some big issues with FSG now and again, but this is an area that I am confident they know what they are doing. That said, from an laymans pov, I am struggling to see how a club of our size, that's clearly reduced the wage bill and squad down to the bare bones, has barely spent big since 2011, has increasingly huge commercial deals and is on TV more than any other team in the PL, can be performing at such a huge loss. Also, what is this impairment charge? I've read what google defines it as, but what is it in real terms related to LFC? Having said that, though I am not concerned about failing to meet FFP, I am concerned about FSG's willingness to invest in the squad to the level needed for us to compete in the CL and the PL next season. It doesn't look like we have a lot of bandwidth from the reports I am reading.