well if financial stable why haven't we addressed our short comings on pitch? So far we have acquired a loan signing and two free's all welcome, while Gibbs reported to be on 65 k, Austin on 50k and HRK on North of 30 k have all left club along side Harper, Field and Edwards who would all be on decent contracts. All I'm hearing is that we have to sell our to prized assets to bring monies into club. Doesn't look like our short stay in prem has boosted the coffers if anything it's laid the cupboards bare.
Promotion to the premier league is roughly £100m a season with the remaining monies paid in parachute payments should clubs go down.
That £100m can be easily accounted for - upon promotion the way bill was £66m - it is not inconceivable that this increased to near £70m. We spent up to £25m on fees which takes us to £95 and we had to give a further £10m to the Covid recovery fund.
I think the first set of parachute payments are around £45m - that may just cover the wage bill that as you say will have been slashed following Gibbs and co leaving.
It’s not hard to see why the club needs to sell some of the family gold to increase the funds we have to play with..
Someone with greater financial insight will give you the true parachute payment figures, but you’re basis is there.
There really is not a pot of gold that were sitting and hiding away.