It’s unlikely we’ll ever find out how much he has to spend with the Allams or without the Allams – which makes good sense.
What also makes good sense is to leak a low figure to the press. In this climate, clubs abroad or in lower divisions will hold out for ridiculous transfer fees for their players. Perhaps, letting it be known, that Bruce only has 16m or 18m to spend might help us iterate that we won’t be open to paying stupid stupid amounts for players.
Personally, I think it’ll be similar to the last Premier League season and will be pragmatic spending to a degree. If a player of the deemed quality of Diame, Ben Arfa et al. becomes available (as per Sept 2014) for a good price and we’ve already spent x then we’ll probably spend more to get them.