Under FFP we're only allowed to spend income that has been generated through player sales, matchday revenue, sponsorship/TV rights or money gifted by the owners.
We don't own the stadium and have had a year without fans, so matchday revenue is even more restricted than normal.
Sponsorship has its own ceiling at this level, and we had no big cup games to add to the TV income.
The owners can afford to gift money in, but have spoken about being sustainable whilst also funding the training ground, youth set up and the preparation work for the new stadium.
So the only way we can compete in the transfer market is by making a big sale each year, and anything around £2m IS a big sale for league 1.
Selling one player and bringing in 3 or 4 more is exactly what this model is about and I'd wait a week or so to see who we bring in before dismissing this as bad business.
Valid points, and I reluctantly accept your logic, but I don't like it one bit, not when we're selling players within one year of signing them.
I understand the model, but it's not the same model it used to be, and with the nature of most of our player sales recently, I'm concerned that we're evolving from being a selling club, into a feeder club, and there is a big difference between the two.
Under Mapp, we were a selling club, bringing players in, making them better players, whilst benefitting from their services on the pitch long enough to progress ourselves, before moving them on, and helping them progress their careers. Everyone's a winner.
Nowadays, we are looking more and more like a feeder club, bringing players in, benefitting from their services on the pitch, for a few months, but then either selling them halfway through their first season, derailing our season, and missing out on promotion, or selling them in the summer, and then repeating the process again the next season. Players benefit, buying clubs benefit, we tread water.
The only players we're keeping hold of, are players that we're not receiving meaningful bids for, or wouldn't be able to get any real money for anyway, or players that we signed on big contract with big wages, that we can't afford to release, or the crocks from the previous window, that we were stupid enough to sign in the first place!
By the looks of things, we're doing the exact same thing again this season...
If it turns out that this approach ends up bearing fruit, on and off the pitch, and we really start moving onwards and upwards, then I'll happily scoff down a large helping of humble pie, with egg all over my face, but it's taken Peterborough the best part of 10 years to gain promotion back to the Championship, using a model very similar, but evidently more efficient, than ours, so I'm not gonna hold my breath...