- Nov 16, 2004
- 1,538
- 1,223
That all looks positive but unless I've missed something somewhere or we have confirmed investment from other sources surely some of that money could have been put aside for our shiny new stadium or the new 'world class' training facility ?Indeed. Let's take a look at our spending and money received since our last published accounts (June 2011).
Our only outgoing transfer fee (apart from loan fees) last summer was £5m on Parker. This summer we have bought Vertonghen (£9.5m) and Sigurdsson (£7.5m).
TOTAL spent since July 2011: £22m
Meanwhile since last summer we have sold Palacios (£6m), Keane (£3.5m) Crouch (12m), Pav (£7.5m), Corluka (undisclosed but reported to be around £5.5m), Kranky (£5.5m) and Pienaar (£4.5m).
TOTAL fees received since July 2011: £44.5m
And we have shifted more players off the wage bill, than we have brought in. This idea that we have no money is a fallacy.