Spanish clubs are skint mate (bar Real and Barca).
£2million - approx 2.7mil euros so they may be willing to take that for what is just a youth player essentially.
Tbh ultimately this investment has come at a time where really it doesn't change all that much in terms of what we (as a PL club) can target in regards to the standard of player etc.
We're never going to get Isco (and I know you're just using it as an example). He's a City/United/Arsenal (still Chelsea because of the money but also London draw - though without CL not as much of a draw admittedly) type signing. We aren't just going to jump to signing genuine world class talent like that.
What we can do is stand a better chance of keeping our quality/potentially world-class players and invest in our no.1 targets - which have been for the last few years players of that 'second-tier' e.g. Payet, Yarmolenko etc etc.
For example, Payet went to West Ham and is now on circa £120k p/week (
http://www.dailymail.co.uk/sport/fo...-player-not-demanded-wage-rise-stay-club.html). When he joined he was widely reported (and I've seen many W.Ham fans say this as well) to be on about £75k - a wage that we weren't willing to pay even though we did definitely have interest and could afford the transfer fees because of the TV money.
Now, I think this investment means that we now don't have to/shouldn't have to worry about lumping an extra £10k on a pay-package etc. I know in the grand scheme of things it's easy to say 'well we should just pay it anyway', but 10k extra per-week is over half a million extra (just on one player) over the course of a year.
Another example would be Tadic in summer 2014 when we looked set to sign him after matching Sotton's initial bid of around £10mil (I forget the exact price), only to be then gazumped by their second offer of £11.9mil total. We weren't willing to get into a bidding war with them as our main target was Lukaku.
So, without trying to get sidetracked, I'm sure there may be some far-fetched rumours but it's the players of that 'second-tier' that, for the time being anyway, are our targets and always have been really when it comes to spending the big money. Mix one or two of those signings with the smart deals like experienced players on frees (Clevs) and bringing through the youth (either through signing them or the academy) and it's the perfect mix. As RM said, all this does is accelerate the process which means that we don't have to worry as much about our best players leaving all the time.
Spurs have cracked it this year as they already had that quality base of experienced second-tier players in place (plus a genuine world class keeper) - e.g. Lloris, Dembele, Vertonghen, Lamela, Eriksen. They complimented that by getting rid of their deadwood, Poch signing and encouraging youth players (Alli, Kane, Mason, Dier, Trippier, Rose etc.) and then adding in players like Alderweireld and Son as well.
If that formula is a success (and it's the best option for us in the current landscape as it is for Spurs and W.Ham (who are helped massively by their shiny new stadium)) then it leads to being in a position - especially given new tv money etc getting more and more - that we can then make a bid for a 'world-class' player, but you have to do the squad building first.
We've got all the foundations in terms of a style of play and a system and players being moulded to play in that style - and now we've got the money to boost our chances of success (whether that is trophies or CL qualification or whatever) in the short term - which in turn of course makes the club a more attractive proposition and, combined with that set system that I believe RM is trying to implement and figures like Royle and Unsworth are buying into - increases the chances of sustaining that success for years to come.