Can't help feeling this might have been discussed before. Nostalgia ain't what it used to be. I remember thinking the same thing when we sold David Webb and Martin Chivers to Chelsea and Spurs respectively. Then we sold Shearer, Kenna and Flowers to Blackburn. Stevie Williams and the Wallace brothers followed. Then there was Mark Wright, Neil Ruddock, Wayne bridge, Andy Townsend. The list goes on and on......
The difference now is that loyalty lasts from 8 years of age to about 22 as opposed to 18-24. So when we see players like JWP, Reed, Targett and Isgrove breaking into the first team we should feel proud and when they go to better themselves we should wish them the best of luck ( Lallana excepted of course). We may need a few transient Europeans to fill the void whilst the next batch develops but if they stay too long they will hold up the development squad.
Enjoy the ride. Every now and again there will be a rare gem that truly loves the club and stays. Fonte being the classic example. Possibly JWP too.
Agree with most of what's being said here, but I just want to repeat what I say a fair amount: Fonte is not an exception. I love the guy as much as anyone on here, but he's only really had one universally-acclaimed PL season (last season) here (even if we can with hindsight acknowledge now his influence on Lovren the season before that - where at the time we believed the influence to flow the other way), and he is in his 30s. If he was 25 or 26, he'd be gone too.
There's actually a mathematical equation: injured +/- 30 or over +/- not that good = loyal player.

