hd1 wrote:Hildreth_1101 wrote:Owners spend as much or as little as they feel they can with FPP.
Because reality is club isn't always running with actual liquid capital to go purchase players and most the financing for the actual cash money is done by specialist lenders who lend on the bases of projected income ie TV money, hence why you always see some form of Transfer related loan on the Financial statement mentioned as being paid back during the year.
So to answer your question, what is financing this spending power? UK financial market :i am genuinely amused:
Time and time again I read fans views on spending money and I see a lot of them don't quite get how running a football club works, that's why they're fans and owners are owners.
[*] That said I done analysis before and still come to the conclusion that the owners are underspending slightly and also not as generous as Bill Kenwright at Everton offering interest free loans to the club compared to our owners 5-11% loans.
[*] In addition, we have paid down more debt in the past couple of years, so that may also be a factor.
[*] Furthermore - I also think owners trust this manager far more than Moyes / Bilic.
[*] Finally I think pressure from the fans and our recent league performances has made the owners realise they need to spend more on the squad.
Combination of the factors.
Yes. Spot on !