And yet here is one of a large number of credible reports over the last two windows linking us with loans with obligations to buy come this summer. Clearly late January we were projecting to have minimum 30m in the budget for this summer if we stayed up, because if Watford had said yes (and they should have!) we’d have spent it by now.Maths. And I maybe wrong but...£430million losses over 5 years.
Last 3 years
£139mill loss (2019/20)
£121mill loss (2020/21)
£43mill loss (2021/22)
No matter how you add player sales into the equation we're still gonna be crawling towards £105mill rolling 3 year losses.
Take into consideration the Gordon sale clearing last year's loss. Puts us at zero. We ain't then got £50mill net to spend, hence why we need to sell to buy. While there's drop of £70odd mill from the previous year...it's still not enough for us to have "net" spends that high. Maybe £50mill spread over the next couple of years.
At a push for next season you'll be lucky to see a small net spend.
Every financial expert says we need to sell to buy.
Everyone outside the club is guessing the budget, and no club is going to advertise what theirs is.