I’m amazed how Tifo know the playing budget before Poch. They must be best pals with Daniel.
its very smart accounting.....cheap debt, associated stadium costs pro-rated along with depreciation over useful life of the stadium (50 years) so the profitability of the club has moved to another level due to CL run and extra stadium capacity. Cash flow is probably the only question as theyve already coughed up for the build so the only question for me re transfer activity is the extent to which selling clubs are willing to except staggered payments ( a la the Sissoko deal) due to our (relative) lack of cash.