I think he's just making a perfectly valid point that Fulham spent £100m and they are at the bottom of the table. Hence, while we want to spend, it does not guarantee a better position and currently we are 3rd—is a pretty good position to be in when you consider how much some teams have/are...
Perhaps we are thinking about it wrong. Perhaps it IS 100–150 mil. But perhaps "mil" refers to a unit of measurement, not quantity of money. Perhaps knowing that a mil is approximately 0.0253 millimeters, we have a stack of money that is 2.54 millimeters tall to spend.
Perhaps we have spent...
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