The true extent of Pompey horror show
Buried in the midst of the thousands of numbers that lay bare the true horror of Portsmouth Football Club, one stands out above all others.
This is the percentage of revenue the club spent on wages and overheads in the financial year ended 31 May, 2009.
What it tells you, quite simply, is that Portsmouth were spending so far beyond their means that their financial collapse was inevitable.
Other clubs like Manchester City and Chelsea might be able to sustain that sort of wages-to-revenue ratio. But they do so with the support of super-rich owners like Roman Abramovich and Sheikh Mansour. Sacha Gaydamak and the succession of owners who have followed him either didn't have that sort of money or the will to keep writing the cheques.
What it also confirms is that, for all the talk of police investigations into missing money and conspiracy theories, the true tragedy of Portsmouth is that it was all done legitimately and by the book.
There is no need to spend hours poring over the fine print, looking for evidence that money was going missing. It was being walked out of the front door under everyone's noses.
Even in the nine months to the end of February 2010, when the club was trying to wrestle with the inflated wage bill, salaries and overheads still accounted for 98% of revenue.
And during the 21 months from June 2008 to February 2010, Portsmouth racked up pre-tax losses of £16.7m even though they made a profit during that time of £46m on the sale of players - big names such as Lassana Diarra, Jermain Defoe, Peter Crouch and Sulley Muntari.
Crouch is now at Tottenham
Which of course begs the question: Who is to blame?
The Premier League unquestionably deserves to shoulder some of the responsibility for allowing a regulatory culture to develop where one of its member clubs could be so wasteful.
To be fair to the Premier League, it is starting to get its house in order and its new financial reporting rules now require clubs to prove they are being run in a sound manner at the start of each season.
If it has any doubts, it can demand monthly financial reports or withhold payments of TV monies and ban spending on player transfers and contracts. The "rank bad management" which the Premier League's chief executive Richard Scudamore blames for the mess at Fratton Park is unlikely to be given the chance to flourish elsewhere in the future.
And, ultimately, what can any league or governing body do if a club's management is hell bent on destruction?
Many people will blame Peter Storrie, the club's former chief executive, who was paid £1.2m a year plus bonuses to oversee this car crash of a football club.
Storrie has already tried to defend himself in an interview with the Daily Telegraph in which he claimed it was all down to three consecutive owners failing to put money in.
That succession of owners has, of course, played its part. The club's fans will undoubtedly feel that Sacha Gaydamak, in particular, should have done more to prevent the flow of money out of the club once it became clear the credit crunch was taking its toll on his family's fortune.
But having read through the pages and pages of horrific detail - the £120m of debts which include £30m to Gaydamak, £17m to the taxman, £9m to agents and £5m to former players - it is hard to believe that Storrie could not have seen for himself the full scale of the nightmare unfolding.
It is detailed here, in the 15 pages of local businesses and services who make up the list of trade creditors owed a total of £5m.
These are football's real losers. Companies and individuals who now face being paid only 23p in the pound of what they are owed because footballers and football creditors get paid in full first from the proceeds of any sale of the club.
The St John's Ambulance (for match day medical services) - £2,701
King Edward VI School (for training ground hire) - £41,714
Landscape Printing Systems (for printing equipment) - £949.33
Portsmouth City Council (taxes) - £28,690
The Premier League, using its beefed up fit and proper persons rules, already has grounds to disqualify Storrie from ever running a football club again on the basis that he has taken a club into administration.
It is also a possibility that the Premier League could investigate him for any discrepancies between what he said while he was in charge and what today's documents tell us about what was really happening.
Update: Thursday, 1210 BST
As if yesterday's release of the administrator's report on Portsmouth wasn't enough to darken the mood of the club's supporters, I have just learned that their appeal to play in the Europa League - which would have provided some much needed extra cash - has been rejected by the FA.
A meeting of the FA's professional game board considered whether to back Portsmouth's call to let them play in Europe next season. They had qualified for the Europa League by virtue of reaching the FA Cup final against Chelsea. With Chelsea already in the Champions League just reaching the final meant they would normally have been entitled to a place in Europe.
But Uefa's rules bar any teams in administration from entering their competitions and with the process likely to take weeks if not months to resolve, the FA decided not to back Portsmouth's appeal.
Another footnote to yesterday's shocking documents released by the administrator Andrew Andronikou: One of the big questions which emerged is how Portsmouth ran up a huge tax bill of £17.1million.
It turns out that they were continually missing deadlines with HMRC to pay the PAYE contributions of their players and other staff. What this means is that each month they would deduct the players' tax contribution but would then fail to pass it on to the taxman.
This is not a criminal offence but is considered to be a breach of an employers' legal responsibility.