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Net Spend Over the last 10 Transfer Windows 09:40 - Feb 11 with 876 viewsButty101

Looking at this table, im not quite so sure we are lucky to have our owner, as some suggest on here.

-50M€ Southampton FC
-73M€ West Bromwich Albion
-77M€ Newcastle United
-82M€ Burnley FC
-100M€ Crystal Palace
-115M€ Leeds United
-129M€ Liverpool FC
-134M€ Sheffield United
-134M€ Leicester City
-171M€ West Ham United
-190M€ Fulham FC
-249M€ Wolverhampton FC
-250M€ Tottenham Hotspur
-259M€ Brighton & Hove
-299M€ Arsenal FC
-308M€ Chelsea FC
-339M€ Aston Villa
-346M€ Everton FC
-586M€ Manchester United
-631M€ Manchester City

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Net Spend Over the last 10 Transfer Windows on 09:47 - Feb 11 with 870 viewsChesham_Saint

Doesn’t this just reflect that we’ve had some spectacularly high value sales? In which case the spend is actually quite impressive, or am I reading this wrong?

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Net Spend Over the last 10 Transfer Windows on 10:18 - Feb 11 with 831 viewsDorsetIan

Net Spend Over the last 10 Transfer Windows on 09:47 - Feb 11 by Chesham_Saint

Doesn’t this just reflect that we’ve had some spectacularly high value sales? In which case the spend is actually quite impressive, or am I reading this wrong?


It suggests that we've spent even more than the high value sales that we've made, but we're in a competitive league, so the absolute amount isn't that interesting.

The size of the excess over what's been sold is the only way to compare like with like across different teams. The list gives us an idea of what 'par' is in terms of consistent investment in a team and it suggests that we are below par...

...which is what most of us already knew.

Poll: Should we try to replace Selles for the final seven games?

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Net Spend Over the last 10 Transfer Windows on 12:48 - Feb 11 with 755 viewsSaintNick

Net Spend Over the last 10 Transfer Windows on 10:18 - Feb 11 by DorsetIan

It suggests that we've spent even more than the high value sales that we've made, but we're in a competitive league, so the absolute amount isn't that interesting.

The size of the excess over what's been sold is the only way to compare like with like across different teams. The list gives us an idea of what 'par' is in terms of consistent investment in a team and it suggests that we are below par...

...which is what most of us already knew.


How much you invest isnt the key but how well you spend the money you do invest

Many seem to have lost sight of what par is in terms of achievement.

There are the Big 6 clubs that are light years ahead of the rest in financial terms, there are then Everton, Aston Vila, Newcastle & West Ham, all clubs that have bigger grounds and fanbases, & you could add Leeds to that this year.

All of these clubs have far bigger financial clout than us

So a par finish for us would be 12th and we are competing with Wolves & Leicester for that who have broadly the same size grounds and fanbase.

So given the multi millions that Everton have spent and still failed to get into the Big 6 and make it a big 7, some of you should reset your expectations about what you can get from an owner.

Manchester City's aside there isn't an owner out there who is willing to come in spend £200 million on buying the club and then put in £200 million in transfer fees as well as subsidise the wage bill.

If there was one what would he realistically get for his money, just the fans demanding more money when the first lot of transfers dont work out.

Any owner worth his salt will know how far Saints can be taken forward and that it will take years of constantly throwing money at the club and even then what for 5th at best.

Yes Leicester have bucked the trend, but their Premier League title aside they have won little else and when the ageing Vardy's legs go they might be in trouble.

Having the money is different to actually being able to spend it on players who are worth the amount you are paying.

An owner will want to come in and buy potential, lets hope he doesn't read social media, he will see that unless he wins things then he will be the only one sticking his hand in his pocket, as most of the fans demanding his arrival will be conspicuous by their absence until they see some glory, Markus Liebherr is heralded as the saviour o the club, everyone loved him, but on average only 21k turned up to see us in League 1 , only when we got back to the Premier League did we fill the ground again.

Get real with what Saints are, the only way we can compete is on the terms we have done for the last 7 years get in promising players at a good price develop them and sell on and repeat the process.

If you don't like that don't waste your money anymore apply for membership at Liverpool and Manchester United who can throw money at things, or the real underchiever's like Spurs and Everton who have thrown money at players and not achieved much more than Saints over the last 5 years, at least they can't moan they haven't spent any cash

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Net Spend Over the last 10 Transfer Windows on 12:57 - Feb 11 with 747 viewsButty101

Net Spend Over the last 10 Transfer Windows on 12:48 - Feb 11 by SaintNick

How much you invest isnt the key but how well you spend the money you do invest

Many seem to have lost sight of what par is in terms of achievement.

There are the Big 6 clubs that are light years ahead of the rest in financial terms, there are then Everton, Aston Vila, Newcastle & West Ham, all clubs that have bigger grounds and fanbases, & you could add Leeds to that this year.

All of these clubs have far bigger financial clout than us

So a par finish for us would be 12th and we are competing with Wolves & Leicester for that who have broadly the same size grounds and fanbase.

So given the multi millions that Everton have spent and still failed to get into the Big 6 and make it a big 7, some of you should reset your expectations about what you can get from an owner.

Manchester City's aside there isn't an owner out there who is willing to come in spend £200 million on buying the club and then put in £200 million in transfer fees as well as subsidise the wage bill.

If there was one what would he realistically get for his money, just the fans demanding more money when the first lot of transfers dont work out.

Any owner worth his salt will know how far Saints can be taken forward and that it will take years of constantly throwing money at the club and even then what for 5th at best.

Yes Leicester have bucked the trend, but their Premier League title aside they have won little else and when the ageing Vardy's legs go they might be in trouble.

Having the money is different to actually being able to spend it on players who are worth the amount you are paying.

An owner will want to come in and buy potential, lets hope he doesn't read social media, he will see that unless he wins things then he will be the only one sticking his hand in his pocket, as most of the fans demanding his arrival will be conspicuous by their absence until they see some glory, Markus Liebherr is heralded as the saviour o the club, everyone loved him, but on average only 21k turned up to see us in League 1 , only when we got back to the Premier League did we fill the ground again.

Get real with what Saints are, the only way we can compete is on the terms we have done for the last 7 years get in promising players at a good price develop them and sell on and repeat the process.

If you don't like that don't waste your money anymore apply for membership at Liverpool and Manchester United who can throw money at things, or the real underchiever's like Spurs and Everton who have thrown money at players and not achieved much more than Saints over the last 5 years, at least they can't moan they haven't spent any cash


Nick - What is the point of the club existing then?

Poll: Has the Ross Stewart deal already paid off as Nick says?

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Net Spend Over the last 10 Transfer Windows on 13:08 - Feb 11 with 744 viewsDorsetIan

Net Spend Over the last 10 Transfer Windows on 12:48 - Feb 11 by SaintNick

How much you invest isnt the key but how well you spend the money you do invest

Many seem to have lost sight of what par is in terms of achievement.

There are the Big 6 clubs that are light years ahead of the rest in financial terms, there are then Everton, Aston Vila, Newcastle & West Ham, all clubs that have bigger grounds and fanbases, & you could add Leeds to that this year.

All of these clubs have far bigger financial clout than us

So a par finish for us would be 12th and we are competing with Wolves & Leicester for that who have broadly the same size grounds and fanbase.

So given the multi millions that Everton have spent and still failed to get into the Big 6 and make it a big 7, some of you should reset your expectations about what you can get from an owner.

Manchester City's aside there isn't an owner out there who is willing to come in spend £200 million on buying the club and then put in £200 million in transfer fees as well as subsidise the wage bill.

If there was one what would he realistically get for his money, just the fans demanding more money when the first lot of transfers dont work out.

Any owner worth his salt will know how far Saints can be taken forward and that it will take years of constantly throwing money at the club and even then what for 5th at best.

Yes Leicester have bucked the trend, but their Premier League title aside they have won little else and when the ageing Vardy's legs go they might be in trouble.

Having the money is different to actually being able to spend it on players who are worth the amount you are paying.

An owner will want to come in and buy potential, lets hope he doesn't read social media, he will see that unless he wins things then he will be the only one sticking his hand in his pocket, as most of the fans demanding his arrival will be conspicuous by their absence until they see some glory, Markus Liebherr is heralded as the saviour o the club, everyone loved him, but on average only 21k turned up to see us in League 1 , only when we got back to the Premier League did we fill the ground again.

Get real with what Saints are, the only way we can compete is on the terms we have done for the last 7 years get in promising players at a good price develop them and sell on and repeat the process.

If you don't like that don't waste your money anymore apply for membership at Liverpool and Manchester United who can throw money at things, or the real underchiever's like Spurs and Everton who have thrown money at players and not achieved much more than Saints over the last 5 years, at least they can't moan they haven't spent any cash


That's all very interesting but what's it got to do with us being at the bottom of that list?

You talk about everyone having to manage their expectations, of it being difficult to buy good players and then throw in a criticism at the end along the lines of 'go and watch Man United if you don't like it'.

You seem to have a complete mental block when it comes to any criticism of Gao or of Saints' finances. But it is perfectly possible to understand Saints' place in the pecking order and that billionaire owners don't grow on trees, but to still understand that the current financial constraints on Saints as a Premier League football club are not good or normal

We've all experienced the empty transfer windows and we've all got the impression that the coffers are empty. You even explain it yourself - 'Gao can't get his money out of China'. Seems like noone will lend to us either, it he is having to arrange loan facilities at exhorbitant rates.

Bottom line is that this list demonstrates something that most of all already know - that we are operating under extreme and unusual financial contraints.

We need owners not who will 'throw money' at the club, but who are able to invest properly (but modestly and sensibly) in it and we don't have that at the moment.

Poll: Should we try to replace Selles for the final seven games?

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Net Spend Over the last 10 Transfer Windows on 13:18 - Feb 11 with 731 viewsSadoldgit

Net Spend Over the last 10 Transfer Windows on 12:57 - Feb 11 by Butty101

Nick - What is the point of the club existing then?


Given most clubs and most competitors don’t win anything then why have any kind of sport at all? Didn’t someone say it isn’t about winning or losing, it is how you play the game? It is all about the process, if you win at the end of it, great. If that’s all Saints fans want they are supporting the wrong club. Another families saying, it is not about the destination, it is about the journey. Or perhaps we should just let the top 6 go off to a super league and shut everything else down?
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Net Spend Over the last 10 Transfer Windows on 14:14 - Feb 11 with 693 viewsericofarabia

Well a fat load of good its done clubs like Newcastle, Burnley, Palace, Sheff Utd, Wolves, Leeds, Fulham and Brighton in terms of success. Apart from this season Villa and WHU's deals have been shambolic, but besides a bit of getting rid of deadwood (like what we are trying to do) they have been saved by players who came thru their ranks like Grealish and Rice!!

I believe there have a few deals that have fallen through because we wouldn't agree to extortionate agent fees, which is something I applaud if true. Of course we need to invest more, but do so in a structured way not panic buys like Carillo!!
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Net Spend Over the last 10 Transfer Windows on 14:29 - Feb 11 with 667 viewsSadoldgit

The OP suggests that some of us feel that we are lucky to have Gao as an owner. I don’t think that is the case. I do think that many of us realise that we could do a lot worse than Gao and that in reality he has been a benign owner. As I have said before, in my time of supporting this club no owner has ever thrown money at it, not even Markus. Given our relative lack of resources we have done very well to maintain Premier league status for so many years. Not getting relegated, the occasional cup final and foray into Europe have been the best we could hope for. Nothing has changed under Gao. Like most people I would like to see us new owner with the clout to take us higher, but in reality the people with that kind of money and mindset are few and far between. The likelihood is that the next owner will also look to carry on in the same, or not too dissimilar vein.
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Net Spend Over the last 10 Transfer Windows on 14:33 - Feb 11 with 658 viewskingslandstand1

Net Spend Over the last 10 Transfer Windows on 12:48 - Feb 11 by SaintNick

How much you invest isnt the key but how well you spend the money you do invest

Many seem to have lost sight of what par is in terms of achievement.

There are the Big 6 clubs that are light years ahead of the rest in financial terms, there are then Everton, Aston Vila, Newcastle & West Ham, all clubs that have bigger grounds and fanbases, & you could add Leeds to that this year.

All of these clubs have far bigger financial clout than us

So a par finish for us would be 12th and we are competing with Wolves & Leicester for that who have broadly the same size grounds and fanbase.

So given the multi millions that Everton have spent and still failed to get into the Big 6 and make it a big 7, some of you should reset your expectations about what you can get from an owner.

Manchester City's aside there isn't an owner out there who is willing to come in spend £200 million on buying the club and then put in £200 million in transfer fees as well as subsidise the wage bill.

If there was one what would he realistically get for his money, just the fans demanding more money when the first lot of transfers dont work out.

Any owner worth his salt will know how far Saints can be taken forward and that it will take years of constantly throwing money at the club and even then what for 5th at best.

Yes Leicester have bucked the trend, but their Premier League title aside they have won little else and when the ageing Vardy's legs go they might be in trouble.

Having the money is different to actually being able to spend it on players who are worth the amount you are paying.

An owner will want to come in and buy potential, lets hope he doesn't read social media, he will see that unless he wins things then he will be the only one sticking his hand in his pocket, as most of the fans demanding his arrival will be conspicuous by their absence until they see some glory, Markus Liebherr is heralded as the saviour o the club, everyone loved him, but on average only 21k turned up to see us in League 1 , only when we got back to the Premier League did we fill the ground again.

Get real with what Saints are, the only way we can compete is on the terms we have done for the last 7 years get in promising players at a good price develop them and sell on and repeat the process.

If you don't like that don't waste your money anymore apply for membership at Liverpool and Manchester United who can throw money at things, or the real underchiever's like Spurs and Everton who have thrown money at players and not achieved much more than Saints over the last 5 years, at least they can't moan they haven't spent any cash


"but on average only 21k turned up to see us in League 1"

There will be quite a few League One clubs that would like that figure!

I'm guessing we had 27 - 30k in that Championship and have regularly sold out in the Prem so with attendances being a yardstick for potential success by fans standards we're not doing too bad

And with a decent new owner in it to make money obviously, but also to become a regular challenger for Europe this new owner will see that investment will be required
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Net Spend Over the last 10 Transfer Windows on 14:50 - Feb 11 with 621 viewsUlsterBaz

Net Spend Over the last 10 Transfer Windows on 13:08 - Feb 11 by DorsetIan

That's all very interesting but what's it got to do with us being at the bottom of that list?

You talk about everyone having to manage their expectations, of it being difficult to buy good players and then throw in a criticism at the end along the lines of 'go and watch Man United if you don't like it'.

You seem to have a complete mental block when it comes to any criticism of Gao or of Saints' finances. But it is perfectly possible to understand Saints' place in the pecking order and that billionaire owners don't grow on trees, but to still understand that the current financial constraints on Saints as a Premier League football club are not good or normal

We've all experienced the empty transfer windows and we've all got the impression that the coffers are empty. You even explain it yourself - 'Gao can't get his money out of China'. Seems like noone will lend to us either, it he is having to arrange loan facilities at exhorbitant rates.

Bottom line is that this list demonstrates something that most of all already know - that we are operating under extreme and unusual financial contraints.

We need owners not who will 'throw money' at the club, but who are able to invest properly (but modestly and sensibly) in it and we don't have that at the moment.


^ This.
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Net Spend Over the last 10 Transfer Windows on 15:47 - Feb 11 with 581 viewsBerber

Net Spend Over the last 10 Transfer Windows on 12:57 - Feb 11 by Butty101

Nick - What is the point of the club existing then?


To be in the elite league playing against elite teams and doing so consistently? If the fans expected any different, they would have walked long ago based on history.
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Net Spend Over the last 10 Transfer Windows on 17:18 - Feb 11 with 543 viewsSaintsforeverj

The key question being how is it that teams like WBA, Burnley, Crystal Palace, Fulham, Brighton can spend more with smaller crowds than us, smaller merchandise sales and some haven't been in the PL as long as we have? We have spent the least and still have a huge debt! It would look all the more impressive, if we weren't in so much debt! Well run, really? Spend the least, to acquire a huge debt 🤔
[Post edited 11 Feb 2021 17:37]

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