Out of interest, how does our spending stack up vs City and PSG over the last 10 years? We're not Arsenal, we have a lot of money coming in and have been able to compete in terms of finances.
Yep, I will tell you how we stack up, we have the 2nd most net spend. We can criticise City for spending alot of money to bridge the gap from where they were. Once they bridged the gap, they started operating in a more sustainable fashion.
I do like this myth about Arsenal though, we have so much more money to spend, but in the last 5 years we spent 55m more than Arsenal.
I don't know why people only look at transfer spend. Building a football club for the long run is based on alot of things, City had no youth structure 10 years ago, now they are producing youth at a very high level.
We can talk about spending all we want, we have a leaking stadium, poor training facilities compared to what our club is.
https://www.football365.com/news/transfers-premier-league-five-year-net-spend-man-utd-man-city
We have 600m debt on the club, which with interest rates rising will mean we will double / triple, so if we are paying 20m a year on financing the debt we could end up paying 50m. Is that sustainable?
If we are not winning, we are not attracting the same commercial deals, Team Viewer already want to cancel our sponsorship. Our commercial revenue is falling, we cannot just live on our name.