Bing Crosby's Head
Grenville Morris
You've answered your own question pretty much. Last season clubs like us used up whatever headroom they had to spend up to their PSR limit. We were over the SCR limit (but not so much that we'd get a points deduction were it in place) so some of the income we get in has got to be used to meet the limit.I too was under the impression that it was going to be quality over quantity this summer.
I know it doesn't always work this way but generally 'quality' costs and £8m doesn't 'normally' buy you a great deal of quality in the Premier League these days. So the fee suggests a squad player rather than a bona fide starter.
Of course it might just be a very shrewd bit of scouting but it does seem as if this lad was our 3rd choice at best.
Perhaps someone cleverer than me can explain how we can sell Elanga for £55m, a few others combining to another £50m or so and then drop £205m last season (according to Transfermarkt) but this season we have already brought in £130m+ with more to go and seem to be negotiating every single penny and seemingly missing out on targets as a result. Is it a result of all the money we wasted last summer? Or just the transition to SCR from FFP which non-cartel clubs are struggling with? Both of which I could accept.
It's also worth remembering that under PSR 100% of the profit from last summer's sales went into the calculation so we could spend a lot more when you take account of amortisation and still meet PSR. Under SCR only a third of the profit goes into the income calculation each season so you have to be a bit more careful in what you spend.