Players do come at all price levels...and it's nice to pick out some successes with the should have/should have hindsight goggles on.
Just for balance
Jahanbaksh
Seri
Traore
Elyounoussi
Mina
Lerma (the clam)
Soyunco
All in the £18m-30m bracket.
He has been given more trust than any other manager in the league by being allowed to do whatever he wants with the players we already have. Levy could barely give him a penny but Poch could sell whomever he wished, no questions asked. That was the 'brave' plan.
You know what happened with the Grealish deal? The new owners bit?
Yep In the higher £50-60 bracket
Yes sensibly lowballed a club in a financial corner, who would have had to accept.....
If you don't understand the financials please don't base your argument around it.
, re-financing should be easy (and probably on good terms as we look less if a risk).
The £200m we had in cash is an extended lending facility to draw down on to complete the stadium.
The overall debt (Inc the above) is circa £650m. We will need to re-finance this in 2/3 years (when the current arrangement ends).
When it comes to re-financing, much like when you trot up for a mortgage, the 'finacial institution s' are going to want to know, who you are, what you are, and what you've got.
We 'were' a football club with revenue in the £120-140m a year bracket and we wanted to build (a now) £850m infrastructure project. That in itself is pretty mad for a 'company' our size. What we have done is increased our revenue thru the 200's to £309m and now£380m per year. This is vital as it looks like we're going in the right direction and are in 'rude health', rubber stamped by the £113m profit announced in the last accounts. Just like you, with your good job and prudent personal finances
The fly in the ointment, as has been stated by the club, is 2019 is not going to look as pretty (stadium delays, renting Wembley etc). Now we don't want to compound that by allocating, say £70m net, to transfers, with no gaurantees to the outcome of those transfers ie not spending £70m is less risky.
Besides there is some logic/evidence that Poch could get us over the line with what he has. Furthermore, this didn't mean we couldn't buy anyone, Levy had given Poch carte blanche to sell whomever he wanted and that income was ring fenced into his transfer account. Llorente Jansen GNK Wanyama Lamela Rose Toby Dembele all had the potential to be sold. Why none went? Levy asked too much? Players didn't want to go? Or the phone never rang? Could be a mixture of all these.
But there was the potential there to raise plenty to spend. That said if Toby and Rose went for £100m combined, would you want £100m or Toby and Rose?...I'd choose the latter. Plus it was a numbers game ie one in one out (probably more out than in) so it's not like we would have had more bodies, and if you look at my list above (another post), better quality is not gauranteed either.
This is not an easy period for us, Poch has been wonderful at getting us consistently punching above our weight. This has already helped us pay down £200m of the stadium costs. Levy WILL need to let the pendulum start to swing back to the playing side, Poch deserves this. I'm convinced it will happen, 2018 was not that time.
Had you asked me last season, I would have had problems finding areas to greatly improve. We could have improved the fullbacks, but since then Rose has picked up his form, while Aurier has been somewhat of a letdown. Other than that, I felt there was few players available that would have improved what we had. What we should have done however, is signing squad players with premiership experience, if what we have at the academy won't cut it. There has to be a middle ground between Kane and Llorente, who wasn't even that good way back when we hoped to sign him the first time. Although Son has done well in Kane's absence, he is no striker and we are effectively playing without one. He won't and shouldn't stay up front, like you wouldn't stick Messi up front even if he's deadly in front of goal.
The £200m we had in cash is an extended lending facility to draw down on to complete the stadium.
The overall debt (Inc the above) is circa £650m. We will need to re-finance this in 2/3 years (when the current arrangement ends).
When it comes to re-financing, much like when you trot up for a mortgage, the 'finacial institution s' are going to want to know, who you are, what you are, and what you've got.
We 'were' a football club with revenue in the £120-140m a year bracket and we wanted to build (a now) £850m infrastructure project. That in itself is pretty mad for a 'company' our size. What we have done is increased our revenue thru the 200's to £309m and now£380m per year. This is vital as it looks like we're going in the right direction and are in 'rude health', rubber stamped by the £113m profit announced in the last accounts. Just like you, with your good job and prudent personal finances
The fly in the ointment, as has been stated by the club, is 2019 is not going to look as pretty (stadium delays, renting Wembley etc). Now we don't want to compound that by allocating, say £70m net, to transfers, with no gaurantees to the outcome of those transfers ie not spending £70m is less risky.
Besides there is some logic/evidence that Poch could get us over the line with what he has. Furthermore, this didn't mean we couldn't buy anyone, Levy had given Poch carte blanche to sell whomever he wanted and that income was ring fenced into his transfer account. Llorente Jansen GNK Wanyama Lamela Rose Toby Dembele all had the potential to be sold. Why none went? Levy asked too much? Players didn't want to go? Or the phone never rang? Could be a mixture of all these.
But there was the potential there to raise plenty to spend. That said if Toby and Rose went for £100m combined, would you want £100m or Toby and Rose?...I'd choose the latter. Plus it was a numbers game ie one in one out (probably more out than in) so it's not like we would have had more bodies, and if you look at my list above (another post), better quality is not gauranteed either.
This is not an easy period for us, Poch has been wonderful at getting us consistently punching above our weight. This has already helped us pay down £200m of the stadium costs. Levy WILL need to let the pendulum start to swing back to the playing side, Poch deserves this. I'm convinced it will happen, 2018 was not that time.