Re: Net spend. how much have we left after Bale?
Hardly any big transfer is paid fully up front in cash. If we need to make a big payment we would most likely take up a short term loan against future earnings. Tv money is paid out in installments as well IIRC, then you get the prize money at the end of the season. Like any other business these days, you don't save up before you buy or keep your money in the bank. It's all about investments and loans and whatever these economy people can think of to keep themselves in a job.
What happened to the surplus in the year we sold Modric, VDV, Krunchie, Pienaar Dos Santos? We brought in a handful like Dembele, Siggy, Loris, Deuce, Holtby but I thought we had something like 10 mil spare change.
Hardly any big transfer is paid fully up front in cash. If we need to make a big payment we would most likely take up a short term loan against future earnings. Tv money is paid out in installments as well IIRC, then you get the prize money at the end of the season. Like any other business these days, you don't save up before you buy or keep your money in the bank. It's all about investments and loans and whatever these economy people can think of to keep themselves in a job.