How is it NOT going to change this summer? We will lose a years transfer loses (of either 170m euros from the 22/23 or 130m 21/22 seasons - not sure which) off the books in June I believe so surely we should be in a position to spend in the summer. Add to that the increase revenue from Adidas and a year of CL money in the bank must mean that this summer we can splurge a bit of cash.
The problem is the revenue's haven't grown as much as the club would have liked. In the last 3 years in addition to large amounts spent on transfers, the wage bill has grown by a huge amount.
With a turnover of less than £200m in the last accounts, £100k+ a week to (players not in IST XI) Matt Targett, Lloyd Kelly, Kieran Trippier, Harvey Barnes, equates to over 10% of clubs turnover.
Add in players like Haydon, Lewis etc who don't even train with first team and you can start to see where the issues are.