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SAINTDON13 said:
I don't think so, I think that is the money being used to settle the Macquarie Bank loan for the day to day running of the Club, I doubt that there is much left over for transfer funds? Sell to buy is the mandate, which is why we cannot splash the cash. We keep being told that the Owners are not allowed to use their own personal wealth to enhance the team. The big Clubs find ways around it so why can't we?
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Because he doesn't want to?
 
Saintmagic said:
Does money made by transfers and operations include PL tv money?
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Just watched the video posted and Toby Steele said all money generated by the club is re-invested.
Mr. Gao has not taken any money out of the club since taking over.
On the flip side, doesn’t sound like he’ll be putting any money in.

Sounds like he is happy for the club to continue its self sustaining style & get back to trading up in the transfer market.

The main Ralph seemed pretty happy with this concept. Whether he’ll be so happy when we’re selling players he wants to keep, is a future discussion.
 
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