It gets us through this season but it means we will struggle to improve the squad in a sustainable way. We are effectively maxing out our credit card.
I'm guessing we're setting ourselves up for the two scenarios.
If we stay up, we get another injection of hefty TV money and Premier League riches. We'll be more financially secure and we're still set to invest in the squad - however, spending will presumably be more restricted. However, if we stay up, the argument will hopefully be our new signings have pushed us up a level or two, so there won't be the need for another transfer window of heavy investment.
If we go down, we'll be protected slightly by the parachute payments. We'll also have - on paper, hopefully - more saleable assets. Selling one or two good performers for a big profit will probably be required.
Either way, I've got faith that the club know what they're doing. I highly doubt they're putting the club in unsustainable debt, it goes against their entire philosophy and they won't want to lose goodwill.
