If this is true, and right now nobody knows, then I think PL has made an appalling error in signing Lowton for £3M. I can't see why he'd do that, i mean Hutton is not the best right back in the world, but he would have done for another season, why splash 40% of your transfer budget on a rookie for a position in which you already have a rookie and an international ?
I think there is probably more like £15M, but the market has gone silly this summer.
This is a very good point that I hadn't considered before. Hutton, as bad as he is, isn't the biggest problem area in the team. I'd say Warnock is worse than him.
I've always thought there were funds available. I still trust Richards info, and that we'll make a few signings in the next week.