The financial picture painted across Europe by UEFA was a bleak one.
Combined losses were expected across the continent of around £5bn due to the impact of the pandemic on the finances of football clubs as media rights, closed stadiums and affected commercial deals all shook the sport's eco-system to its very core.
Not a club was immune from the effects of the pandemic, but how serious those effects have been for individual clubs has largely been down to just how they managed their own affairs in years prior to COVID-19 and just how reckless they had been in pursuit of success and the reliance on the ever expanding 'bubble' of the game never bursting.
