The amount of money we're gonna need to build a squad capable of competing is largely dependent on who we give it to. We need people on board who know the transfer business, understand player contracts and who can identify real talent. We've seen the opposite of this with Villa recently. With the wrong people in place making poor decisions, we could spend £60m and still have an ineffective squad. We can't afford to waste money on players that don't contribute or fit into the team.
But with the right people in, doing shrewd business, we might not need that much.