Re: The summers transfer budget
Incredibly exciting to hear Tom emphasise how much we will surprise people this summer. Potentially the most ever spent by a championship club
I get we have improved revenue but how will this possible? We haven’t improved things that much already have we?
This has been done to death and the explanations of how P&S works have been well documented by Mayor.
Long and short of it, if you crunch the numbers we have well over £50m we can spend this close season (without selling anyone) if we want without breaching P&S.
COuld we do that again in Jan, no. Could we do it every year, no.
We need to be buying players on 5 year contracts who are around 24 years max who have some re-sale value (of any value) across the 5 years.
Amortisation ! You can show an accounting profit on a player even if you lose money on them in the real world.