Thanks mate, always good for my insomnia.
Manny, great news, it’s here!!!! Bad news though, it’s an abbreviated report on previous years with little data on L2. The main stat is that wages account for 80% of revenue in L2. Losses have risen in the leagues analysed so it can be assumed that this would transpose pro-rata onto league 2 putting averages losses around 1.1 million per annum. I’ll go through it and update you upon further evaluation. 👍
https://www2.deloitte.com/uk/en/pages/sports-business-group/articles/annual-review-of-football-finance.html