General it as Subject
6 it V prep/adv thatThe verb is followed by a prepositional phrase or an adverb, and a that-clause.
There is only one verb with this pattern. It is used when indicating what is written somewhere.
It says here they have live music.
This verb also has the pattern it V prep/adv with quote. The verb is used with a quote clause, which can come before the Subject or after a prepositional phrase or adverb group.
'If we cannot compete, we can achieve nothing', it says in a report from the European Round Table of Industrialists.