by Oilroyal »
08 Jul 2017 18:19
None of us on here really know what the club will spend and can only take an educated guess given the players we've been “rumoured” to have made bids for.
and none of us want the club to over stretch finances but football is a billionaire’s game needing wealthy owners. The championship and lower leagues are littered with millionaire owners looking for new investment, as well as clubs paying the penalty of past over spending.
JM simply run out of financial steam and sold out to the wrong guy. AZ bluffed a poker hand with the club’s future finances, and the Thais although being able to steady the finances of a sinking ship, openly admitted that they couldn’t take the club any further.
We now have two new shareholders with a 75% majority stake. I doubt their investment strategy includes a plan to remain in the championship beyond the next two seasons. Why? Because spend big or not the championship can only generate a breakeven or modest profit at best. Promotion to the PL and planning to remain in PL is only vehicle to generate a return on investment. Some might say it’s a gamble with the clubs money, others might say it’s a business strategy to progress.
Personally, I would have thought their plan and transfer budget (including keeping Jaap) is for us to have a top 2 finish, or at the very least gain promotion by season 18/19 which will take considerable investment. But we will have to wait and see.