You're miles ahead of Everton and Villa now. You're revenue is 8% higher than Juve's! It's 40% more than Athletico's. Juve regularly spend in excess of £77m. Their net spend is £60m per season over the last 3 seasons, but that includes the sale of Pogba.
Yeah, but I think you can go too far the other way too. There's a fine line between intelligent prudence and reckless cautiousness.
Similar resources in the sense that if you wanted to spend what City have, you have the revenues to be able to. 20 years ago, City were in League One. 10 years ago, they finished 10th in The Premier League. Yes, they have had the money, but they also now have the revenues to maintain their status. So do you, but you don't have the same ambition, for fear of what might happen if you fail.
Or clubs that can guarantee they have the ambition to compete.
Yes it is, which has happened over the past few years, with regular improvements on and off the field. It is precisely because we haven't spent beyond our means that we've been able to grow like this. And again, the Juventus thing...literally just happened. This past financial year, once you take into account new commercial relationships and the increased attendances at Wembley. Their revenue has been 50-70+ million more than ours for years and years (in fact, 5 years ago, it was over 100 million more than us). Juventus are also the biggest club in Italy, are guaranteed CL football every season and have the small matter of 7 straight league titles.
It also includes the purchase of a certain Portugese superstar. The net spend is highly influenced by the anomalous last summer window. The 5 seasons before that, Juventus spent £120 million net total or £24mil/season. Even with last season's splurge, the average goes up to £56m/season.
I'm also not sure where you even the City £77 million from, they've spent about £110 million net a season for the last 5 seasons.
It 100% can go the other way as well. I would say we've gone too far in the other direction in the last 2 windows, though as I said to Padr81, we were clearly very close to signing De Jong last summer so were clearly trying and willing to spend big money. I'm hopeful we'll be spending more money in the upcoming seasons and out wage structure has already significantly changed.
Yeah I wonder what happened to City so that City could spend what they have...FFs, even the financial behemoth that is Man Utd can't spend the same as City. Abrahmovich has given up pumping in as much money as he usually does. Liverpool don't come anywhere near the spending of City. I can't believe you're genuinely trying to argue that we have similar resources to City, I've never come across anyone who has tried to suggest that, even before the matter of the stadium payments is taken into account. Nobody can spend like they do, other than PSG. And they're not spending their own money either.
If Joe Lewis put his own money in, I'm sure we could spend a bit more. We could definitely spend more than we have but we can't spend anywhere near Man City. And they have ambition...because they have the funds of a small country behind them (literally). I'm sure we'd be super 'ambitious' if the Emir of Kuwait bought the club. Until that happens though, we'll have to live without our means. Again, going back to my earlier example. The man who comes back with a £2000 Nissan Micra isn't afraid of failure. He's just not an idiot who has bought a £100k car on credit when he has only £2k to his name.
Right, I'm sure what would interest Eriksen in Barcelona is just the ambition, as opposed to their history, almost guaranteed trophies, opportunity to play with the likes of Messi and raised wages. If we spent £50 million a season, he'd turn them down and stay at Spurs.
