Been thinking about this for a while. Given the amounts of issues that need addressing, some of which are quite pressing, we are likely signing at the very least 3 quality players, a midfielder and two defenders. It's heavily documented that we need a left back, a right back and a replacement for Carrick. On top of that, a luxury window would include a right winger to address our lack of balance and a commanding centre back to organise and settle our constantly changing back 4. So, at minimum 3 players, maximum 5 players. Given the change in the market, this is well north of 150m I assume. I thought Jose had been given 150m to spend each season over the last two years, but turns out it's less (130m, see below).* The players that are very likely to leave are Darmian and Blind. They could conceivably fetch between 25-35m. Others that have been mentioned as candidates to leave are Herrera (which now looks very unlikely) and Mata. If either of them leaves, we will need to replace them too (unless younger players are promoted). If we are buying a leader-type centre back, like Alderweireld, then it probably means one of Lindelof/Jones/Smalling will be sold (as Rojo has just signed a new deal). Looking at our transfer spend over the last 4 seasons: 2014-2015 Incoming transfers 175m Sales 44m Net spend 131m 2015-2016 Incoming transfers 140m Sales 91m Net spend 49m 2016-2017 Incoming transfers 166m Sales 42m Net spend 124m 2017-2018 (Post dramatic market inflation) Incoming transfers 147m Sales 10m Net spend 137m Jose's net spending is 261m, significantly less than the 150m per season figure I had in my mind for whatever reason. A decent full back is 50m, a top midfielder is significantly more expensive. If Jose continues to get 130m to spend (net) per season, to continue the rebuild, it is clear that we have to be economical even if we are just signing 3 players for the first XI. If this is somewhere near accurate, it's not surprising that he may opt to sell a highly valued player to boost his budget. But that may dramatically change the dimension of what needs to be done in the window. *Leaving agent fees out of this as I can't find reliable figures there, and whether or not they are included in the official transfer fees or separate. Thoughts?