Bolded - is where I think you are wrong.
Rivals as in "comparible sized clubs", yes. THey are generally to their leagues what we are traditionally to ours, with a similar 'footbprint', I dont disagree.
However, this year, last year, our rivals have without doubt been Chelsea, City, Utd, Arsenal, Liverpool... All clubs that have budgets that swamp ours such is the degree we are punching above our weight. And, IMO, all clubs that wouldnt hesitate to drive bidding up on a player we want and then take him from us just to dingdong us around.
We HAVE to let them get their spending done, let them inflate the market, and wait for it all to normalise again. Its the best choice if we want to get the best players we can at the end of the day.
Is that how we WANT to do it? My assumption, but absolutely not. Who would? I have no doubt the club would love to have deals set and ready to sign for the moment the window opens. We very simply cant at this point.
When we can, Im sure we will. Ross Barkley on Jan 1st? I wouldnt bet against it.