Much longer conversation and not doing it justice with a short reply
- the market is growing (international), so by just keeping our position we are in fact growing
- tv revenue is doubling every 2-4 years, even with additional wages, it will create a better margin for us
- and it is about long term stability, that is what Levy has succeeded in delivering ..
I think you're misunderstanding my point. I'm not trying to say we're not growing. The poster didn't seem to get why we couldn't compete on transfer fees and wages when we make a profit. I was explaining that making a profit is just the starting point, it means nothing in terms of being competitive. Same as the TV revenue. The TV revenue means we're growing, but everyone else is growing at the same rate. We can pay bigger wages every 2-4 years, but so can Swansea, West Ham, Stoke, everyone!
We can't move forward from where we are (5th/6th, occasional 4th, occasional 7th) until we significantly increase our income. Making a profit doesn't cut it.
We can pay 2 or 3 of our players over £60K a week. Man Utd and Arsenal probably don't have many players in their squad on less than £60K a week.