Yeah that’s correct. At the end of the 18/19 season our net remaining transfer expendables stood at around 160m. No figures for this year yet however, since then our cashflow has gone from 310m to 90m. 80m of that will have been from Maguire up front and possibly 30m covering Corona but that still leaves 110m possibly paying that down. That leaves 50m outstanding and not including Maguire last year’s net spend was around 0 so it won’t have increased by much. Plus obviously the 140m loan is additional cashflow and amortises worst case scenario COVID losses so provided by next season at the latest crowds are back in the stadium our cashflow should remain what it was going to be minus whatever rate we’ve agreed to pay the loan back at. I’d guess considering they’re giving credit out like candy these days it’ll be quite a good deal
On the Glazers I’m not their biggest fan and the leverage takeover put this club at huge risk. We were exceptionally lucky how successful we were during that time and how commercial revenues and tv deals exploded. It’s genuinely a disgrace how they lumbered 700m debt onto us. However, I do think they want to get us back to winning again. The outlay over the last 7 years shows that. You don’t spend 80m up front on Maguire if you’re just in it to leech money off the club by finishing 4th every year. With Messi going next door I really don’t see us not signing Sancho. For the brand of “biggest adult Disneyland around” alone if we don’t get our number one target who is an exceptionally talented marketable young Englishman because we couldn’t afford it whilst our rivals sign Messi just isn’t a good look.