The likleyhood of us having £10-15m sat in the bank waiting to be spent is slim to **** all, but I wouldn't rule out a purchase from the continent, as the fees can still be paid over the contract length, so in theory we could buy a £10m player with only a couple of £m up front & the future TV cash would obviously cover it.
I agree with this, problem with it, is we will be in the same shoes as a few years ago when we never signed a player for two years. As each year we were paying the likes of the Felli transfer ( 3 million per year??? )
Unfortunately, I can see the same thing happening again.