Why does this constantly get trotted out - it shows a complete lack of understanding of the accounts
It also ignores the outgoings of the club which includes a wage bill that a top club has.
Just because we have increased revenue through different avenues doesnât mean we have millions to throw around and spend on players.
At least look at the recent accounts.
Our wage bill is high when we are winning because it's incentive laden. Right now we aren't winning sh*t so it will be lower and will further lower as we shed dead weight. And no I'm not going to go pouring through the books with you because I'm not an accountant (and neither are you). I've looked at the Swiss Ramble posts along with countless others by people far smarter than you or I. This club is solvent and if taking on a little bit of safe and healthy short term debt meant more spending to improve the squad and win more sh*t, we should be doing it. FSG could also modify their risk appetite as well and adjust to the world of football as it is right now instead of assuming their plan is foolproof and that FFP is going to be enforced (newsflash, it's not).
No one is asking for us to spend 300m every single transfer window. That would be ridiculous. What people want is to see the club take some risks now and again, when it makes sense to, to try and avoid being in the situation we are in now where we are playing catchup and if we don't spend 2 or 300m we may still be playing catchup in the coming years.
It's not just City and United and Chelsea anymore. Arsenal and Newcastle have also joined the fray as well. Competition for top players is going to be tougher and I concede that spending doesn't guarantee success....but now we are going to have to spend a lot more because we neglected spending for some windows in recent years when we should have been adding to a position of strength.
Everyone complains about City's spending, but one thing they do...they strengthen even in areas where they seemingly don't need to. They went out and got Grealish and Phillips for their midfield, Phillips can't even get a game, but had something have happened and City had injuries like us, they'd have had a good player ready to slot in. Whilst I was pretty happy with our midfield at the end of last year, it's become apparent that we weren't in as good of shape as many of us thought. I can be forgiven for thinking that, I'm not getting paid to make those decisions, but the club should have known better. We should have been looking for players to bring in that would be ready should we have issues.
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