Hi John That’s a vague statement, the way PSR works is incoming signings fees are split over contract length up to 5 years. Outgoing players fees go out straight away. So hypothetically we sign JSL for 65 to take our spending to around 260m. That would mean we’d have an outgoing on fees of ~52m..

.. this year. Which would be msssively out weighed by the Isak outgoing (plus others). Wages and signing fees would bring the number down but we’d still be in profit for this year. That profit can help balance out next year where we’d still have to account for that 52m, but by year 3 and at least ..

.. year 4 you’d have that 52m coming off your books with the Isak fee long gone. So you’d need to find a way to account for those amounts and that would come from either selling someone else or increasing our revenues. You can’t rely on big sales so the most sustainable growth comes from commercial