On one hand I agree, but on the other hand:
1. When we spend a feckton on these just-about-good-enough players, more and more clubs will start to demand the same. The long-term effects can definitely harm us, even if we are filthy rich.
2. It's a matter of principle. If a product is worth a certain amount of money, you shouldn't have to spend twice as much just because you
can.
3. Like
@ChaddyP wrote: it's embarrassing for the fans if the transfer doesn't live up to the hype.
4. It puts unneccessary pressure on the player, who feels that he will have to justify the pricetag.
5. Perhaps most importantly: it
is our money(sort of). A big chunk of the money comes from us fans! We want to see the money spent as sensibly as possible.