The Moonlit Knight
Banned
Yea since Levy's change of policy to buying young players with potential (going back to the days of Lennon, Thudd, etc.), I'd be surprised if our spend exceeds our sales.
I do believe though that if there's a deal to be done, or if we really need to spend we will do. Just look at Redknapps first Jan transfer window when we were just above relegation zone, 40m net spend.
I think that's because we still had cash left over from the Berbatov/Keane deals. I'd expect a club of our size to be able to achieve a net spend each season, but I bet without selling players first it's not much.