Conroy92 wrote: ↑Wed Mar 17, 2021 9:09 am
50m at bank. Just let that sink in a minute.
Now to your last sentence " And no doubt championed by the same people who complain about under investment in the first team squad."
Do you actually think we have invested well? Or invested enough? Because we haven't, I think most would acknowledge that the recruitment for the past seasons has been underwhelming, especially when you look at the first sentence I wrote. We had 50m in the bank.
So Riley, were do you go from here? If you don't think it's conceivable for is to sign a player for 5m and develop them then I guess your strategy is either continue renewing the old boys and eventually turn into Stoke or buy players already ready for the prem at a premium (which you've already told us we can't afford). Should we just pack it up rather than trying to invest and improve??
And where is the £50m now?
Do you realise that even with £50m in the bank, if we increase our playing staff budget significantly then we will be making a loss? Do you think our fans, or manager, would stomach the first team being even more deprived of players because we have got a few unproven players out on season long loans in the Championship trying to cut their teeth?
Recruitment has definitely been underwhelming. But we look set to finish fairly close to mid table in the Premier League so what we have invested we have obviously invested well.
Your last line is pretty pathetic and is unfortunately the attitude of a number of people on here who seem unable to have a realistic discussion. There is a quite sizeable grey area between signing league 1 players to loan out to just packing in.
I have never run a football club or a comparable business so I don’t know the answer. Increasing revenue in order to increase the playing squad budget is the obvious answer but there’s a limit to how much this can realistically grow and we need to understand that we will not be able to compete financially with 90% of the PL.
I suggest where we maybe could even up the scales somewhat is through innovative scouting giving us the opportunity to tap into previously out of reach markets. Otherwise, and this is the most likely scenario, we will need to rely on selling key assets for large sums every season to fund incoming players.