You are correct in saying he gave GH the best part of 30 mill but that was mainly made up of the 20 odd mill profit we made on transfers the previous summer.
As for the 15 mill McLeish got to spend we sold Downing, Ashley Young and Luke Young for around 38 mill so he made a profit on transfers of approx 23 million pound.
As for O’Neill he had a net spend of around 70 - 80mill over 4 seasons so 17.5 – 20 mill a season. With that we went form finishing 16th and battling relegation to season on season improvement, a club that challenged for top 4 for a couple of seasons, finished top 6 three seasons on the spin for the first time in over 50 years and reached our first cup final in a decade. During those three top 6 finishes we had the 8th, 6th and 6th highest wage bill in the league. The fact that Lerner couldn’t get our income up to a level to sustain having the sixth highest wage bill is worrying because it is highly unlikely we will again become a consistent top 6 side if we are not in a position to have a wage bill that reflects that. Of course that is not to say we couldn’t as Newcastle showed last season have the odd very good season. It is maintaining it that will again be an issue.
Agreed but even with all that investment what came out of it. Did we win anything? Maybe Mr Lerner sees that cutting back and changing attitudes may win us something. The defector sacrificed Europe for champs league and we all know how that went.
I feel that after the yank trip. Lambo will get a few more in and once the deadwood are shipped out will get more investment to build a better more successful club than the defector could have ever dreamed of.