From what I understand that's only this seasons spending as well so I think I heard somewhere if you defer payments over 5 years only the payment for this season counts towards the cost of the transfer expenditure for the year. So teams could go above and beyond. And once our cmmercial revenue is more in keeping with the rest of the teams in the league that figure will grow surely? In regards to Evertons (-)£35 million - that's baffling as they just spend £16m on Rangers youth RB so they must be expecting £40-50m worth of outgoings? Unless of course that mins 35 is including that particular transfer. Haven't seen DCL linked with anyone... yet... but he would be the player in their team to command that type of fee.
I think our revenue will grow and that is the gradual growth that Staveley will have been referring to. It will take time before they can unleash their full spending power if they are going to invest on a large scale. I don't understand the mechanics of FFP but it does get complicated involving spreading costs and income.
Just seems a better player. Probably why Champions League teams have signed him since and not Palace!
I think there are one of two things going on here..... 1. It's all media speculation and Newcastle are keeping there cards close, or... 2. They are making as many offers as they can in the hope they get at least a few wanting to come here and hope it snowballs.