If the summer goes the way you describe it then the club will be in a seriously bad way in my opinion. We need to rebuild the squad now especially with so many players leaving it over the past 12 months so serious investment needs to be made. In terms of Sell to buy and net spend, the argument can be simplified as you have put it, but the longer the net spend is negative or evened out, the longer no-one at board level has invested a penny into the team. The longer the TV money is not being invested into the team, in fact no money apart from sales is being invested into the first team. In the here and now you can offer the argument that the money will go into the stadium and it will, big time. But that is no different to 5 years ago, a board spending 0 money into the team.
Which is where my argument on the matter comes from. Moshiri might have been clearing debts, doing all sorts off the scenes but when it doesn't end up on the pitch then you have to ask the question why. When we sell Rom and Ross, we are losing our best assets, same as we did with Stones. The aim sure is for clever investment but once those two leave this summer, take a look at the squad again and tell me how many genuinely good players we will have left? It is gambling to say the least. But my point in talking about that, is that i can't see the club spending 100 million even if it is solely sell to buy. I genuinely can see say 60 million spent, a little overpaying on a couple and then failing to attract anyone else and no more mention of it. I am cynical about my club yes, 29 years has taught me to be. I just feel whilst we do have Kenwright there, and Elstone running the spending money side of things that nothing will change. That is not a knock on them, that is simply maintaining a status quo that essentially has not changed since they both came into power jobs at the club over the years.
little bit of a ramble so sorry about that. I just see it from the tired Blue angle. For every penny under what we bring in that we don't spend, it is more Arteta money, bill paying and now stadium financing. Every year we don't spend actual money, is another year where all the additional cash disappears, when other clubs use it to invest. It is another year the owners have not put up any money, and have depended on selling prized assets to fund transfer activity.
Because simply put, Liverpool last season sold fringe players and boosted their squad to 4th in the league. We sold an asset and came nowhere close. Now 12 months later we are talking or settling on our best player leaving and our attacking midfielder from the academy and unless real money is invested in the SQUAD not just team, i personally think we will be worse off come september