I'm with elkiellis on this one, JP doesn't have a bottomless pit and what he has been able to invest has largely been squandered by a succession of managers.
Ask yourself how many of the current first team squad are the result of sizeable investments?
Myhill,
Dawson, Gmac, Evans, Brunt
Yacob, Fletcher
McLean, Morrison, Sessegnon, Macmanaman, Gardner
Bera, Rondon, Lambert,
Hardly a glowing report is it ?
As for TP, he can point to Jonny evans, otherwise???
If I were JP, I would be telling TP get shut of the players you don't use before you ask for more money for signings / wages.