I wonder if much of the financing for the redevelopment will come from outside funds. I assume most or all it won't count for FFP, so it doesn't have to come from day to day spending.I think we're absolutely swimming in cash at present, shitloads of prize money last season, negative net spend for the last five seasons etc. Obviously we've a big court case coming at some point and the North Stand redevelopment so maybe that's restricting our spending somewhat
We've got some money, but all the talk of £300m prize money ignores the fact that our last accounts had £294m in broadcast money already.
I've said before that I think the £5-10m haggling can't be seen in isolation. We've got a reputation as a moneyed club, and for the first few years after the takeover, were financially a little reckless, with big squads, and players we couldn't sell going on loan. Now, we're surely known as keen negotiators, and Txixi obviously believes that means in EVERY deal.
The last thing he wants is for £5-10m on a transfer to be seen as weakness, and then become £5m on every transfer, and £5m on every wage negotiation. So, I suspect in his eyes, it's not £5-10m, but a potential £100m a couple of years down the line.