I can’t really see that we have much to spend. We lost over £100m last year.
The players we let go had wages of circa £20m-£25m. The sale of Richarlison adds £50m to the pot. We are still £25-£45m short. Some will be written off against the stadium, bu there doesnt look to be much wriggle room.
The lack of sales are what is killing us. It’s a double whammy of no transfer fee plus paying a high salary.
We have as much as Moshiri wants us to have.
The loss that is being replaced on the P&S 3 year cycle by this current 22/23 season is a 100M, non-covid related loss... without any signings or sales this season we will probably head for a 30-40M loss, depending on league position... keeping us well under the allowable limit.
But in pure financial terms- profit on player transfers- we have made more than 50M from Digne, Richarlison and Kean (loan fee), with the permanent transfer of Kean (for around 20M profit) next summer.
Since the last accounts were published (20/21 season) we have got rid of the following players- Digne, James, Kean, Bernard, Bolasie, King, Pennington, Baningime, Walcott, Besic, Richarlison, Kenny, Tosun, Sigurdsson and Delph. I make that a total saving of around 105M (wages and amortisation).
Incomings (permanent) since the end of that period are, at the moment, Begovic, Lonergan, Townsend, Gray, Mykolenko, Patterson and Tarkowski. That adds a bit over 25M back onto our costs... so we have cut around 80M from our expenses from the end of the 20/21 season, actually probably more if you consider that the cost of Lampard and his staff will be much lower than Ancelotti etc.
Do agree with not being able to shift players hamstringing us though... Gomes, Mina and Allan costing us 40M per season... thats champions league level money and they arent producing consistently enough to warrant it. They´ll all be gone permanently in 12 months though...