That's not really analogous though is it?
Look, we have a situation where we have a surplus in player trade going to a destination other than to the manager to spend. If we have more of a busy schedule next season then that situation is destabilized and pressure mounts to provide cash to the manager.
That's not being cynical, it's being logical.
Laughing at the accusation I'm being cynical when the evidence of taking in more money than paying out is there for all to see. The burden of explanation lies with you, I feel.
Analogous? Only if you mean equally silly. For us to have a conversation on this, we'll have to consider other items as well.
First, the budget to run a football team is larger than just players and wages.
Second, player sale proceeds does not equal purchasing budget (although this appears to be your basic presumption). Maybe clubs like Tottenham and Everton need to sell players to buy new (because of limited resources), but when have Chelsea or City not pursued a player because they were waiting to sell dead weight? To assume that incoming and outgoing transfer budgets should be equal (for any club ) is an inane assumption at the very least.
Third, you presume that "transfer budget" losses are fueling hidden profits for select executives. As entirely possible as this may be, where's the evidence suggesting this is a reasonable conclusion? All I see is a club that is broke; look around and see that most clubs sell their assets (talented players) to fund operating losses.
Fourth, players signing contract extensions (unless they resign for the same wage) naturally consume transfer budget (or is there a separate wage budget I should be aware of?). A £20,000 weekly wage increase is £1,000,000 annually; unless I'm missing something quite essential, a "transfer budget" that does not consider player wages, etc, is not any kind of budget at all.
I could probably go on, but that's unnecessary. Of course there has been more money coming in from player sales than there has been going out with incoming transfer. Any person with two lobes can see that. It's the conclusions drawn from this that are entirely cynical.
You may be entirely right that some board members are sucking money out of the club through player sales. You may even be right that they secretly fancy a Newcastle--6th place and a Cup Final loss keeps you from spending extra money--so that they can suck dry the club without unnecessary interference. But
logic suggests that the club is broke.
Logic suggests that the board is unable to capitalize on other revenue streams to help support the club.
Logic suggests that the club is fundamentally conservative when it comes to transfer budgets and top-four aims, having observed the lesson of Leeds. You may be entirely correct with your conclusions, but logic does not suggest them.
Where's the VIBRAC money Bill?