I want to give you a better reply but Im pressed for time but I'll get around to it later, I promise!
Just wanted to mention quickly that regarding the "hurr durr" comment, I wasn't aiming at you, sorry if it came across like that, it was not my intention if it did. It was a generalized comment for the posters that are outraged when we don't "just cough up the money" for players we're targeting, of whom there are many. We've had some very bad spends that didn't work out at all. Some to a more varying degree, but players like Memphis Depay and Angel Di Maria stick out as especially bad signings. Alexis Sanchez also sticks out, but to be fair at the time he was pouring in goals like hot tomatoes and we traded a player outright for him. His legacy here would be less provocative if he had a "reasonable" salary in football terms, as opposed to the albatross he carries today.
I feel confident that our gross spend this transfer window (with add-ons) will eclipse £220 million with the addition of Bruno Fernandes and Sean Longstaff (I feel confident the club will get this done, even if Newcastle are playing hardball: their owner Mike Ashley has been trying to sell Newcastle since 2017, Newcastle has virtually no transfer budget of consequence and the club has to sell in order to purchase. I think that a bid of £25 million + 5 in add-ons will get the deal done eventually), solidifying Ed Woodwards earlier comments about supporting the manager in the market.