The big money was spent when we dropped out of top 4.
When LVG got us top 4, the following Summer, we didn't spend much.
When Jose got us a solid 2nd place, well within top 4, we didn't spend much.
It was pretty clear that the board pulled the plug on funding a league title. Once Jose submitted his transfers necessary to do this, the cost was so large, it made no financial sense.
From a business perspective it doesn't make any sense to win the league, given the cost involved and the extra income generated is minimal. Basically, it's a loss maker.
ManUtd spent 140 million in Van Gaal's second season. Yes Di Maria left but it's not like Van gaal missed out on any signings. We signed first choice RB (Darmian), one of the best young player (Depay), complete new midfield (Schneiderlin, Schweinsteiger), and Martial. That's 5 first team players.
Also in Jose's second season when we were in CL, Manutd spent 150 million plus Sanchez in a swap deal. How is that not spending? No club has spent more money in the league except City in that period.
Yeah, it's not like winning more league titles means we will be getting much bigger sponsorship deals. That's how this club reached this level. Also such a shame we don't have unlimited money to keep on spending. Also what a cnuts PL are for restricting the squad size. Do you know how many players have we registered and how many slots are left?
Regarding salaries - our negotiations team is terrible at negotiating salaries with agents. They want to offer a cheaper deal, but they are so bad at doing their job that the agent of the player always wins.
Funny when minimal investment theory falls flat, argument shifts to negotiations team is terrible. So it's not like we are saving money or not spending, it's just that we are not spending wisely which is completely different form club not spending money.
Still not convinced about the "saving money" theme? Try this:
Some of our players, including Martial, DDG and (just recently) Shaw had allowed their contracts to run down (Arsenal did something very similar).
Fans are asking: why have we (and Arsenal) allowed this to happen? it makes no sense.
Answer: From a business angle, it makes complete sense.
Let's say you have player X. A top player. Currently being paid by MUFC £100k. His contract runs out in 24 months.
Scenario1: we offer him a contract now, for £150k. He signs. For the next 2 years we pay him 104 x £150k = £15600000 = £15.6M
Scenario2: we offer him a contract in 12 months, for £150k. He signs. For the next 2 years we pay him (52 x £100k) + (52 x £150k) = £13000000 = £13M
Yeah, it's as if we only offer contracts when they have only 1 year left on the contract. It's not like it's more than a year that we are offering contract to De Gea, Martial who haven't signed and still negotiating. Also it's just ridiculous point. Thank God club don't think that way. Cost of saving 2 million or risk of losing 50 million worth asset for nothing? Yeah tough choice
Notice that Scenario2 (running contracts down to the last year) saves roughly £2.6M. Now, let's say that we do this for 10 players on big wages. We'd save roughly £26M!
Get my drift?
Yeah, that it's a ridiculous point so far from reality and very close to fantasy. No club negotiates contract only when players are in last year of contract.
You will also notice that I mentioned Arsenal. I did this because Arsenal always went for 4th place, while spending the least amount of money. This makes great business sense and we are following AFC's business principles.
In summary, aiming for 4th place, while spending as little as possible on transfers will yield the highest return on investment.
Renewing contracts, towards the end of the current contract saves even more money.
If we drop out of top 4, to get back into the top 4, big money on transfers should be spent.
If we are safely in the top 4, to remain in the top, low money on transfers should be spent.
If we do spend big on a player, he should be young (have a good resale value) and be highly marketable (allowing the MUFC brand to be followed/sold to potential sponsors in that player's country).
The entire model is based on money making.
Except we spend 2nd most money on transfers and spend highest in wages in the league. So Arsenal comparison is just non sense.
In summary, just a laughable post with so many assumptions and little substance. Btw there is a good chance this will be missed, we have registered 24 players in PL squad, so we can register 1 more player. So we have to sell before buying. Also we can't register anyone in CL as Dalot should be registered for CL squad.