Acquiring for various reasons mega rich owners and therefore having considerable money to spend doesn't qualify as 'taking a punt',surely. If you mean that clubs such as Stoke, Newcastle, etc. have taken more of a punt than Everton,in the transfer market for example, its obvious that the 'punt' hasn't worked, just as Spurs spending has not really propelled them ahead of Everton. I'm not suggesting that it would not be nice to have tons of money to spend(and most on here mean 'on transfers') and we should never be happy with less than the best, but in a business sense prudence is not a bad thing. I know of course that many will disagree, and look forward to some balanced responses......