Well I have explicitly said I dont buy the peds stuff, and that i think they will probably finish 3rd/4th, so I'm not sure how it could be construed as a collapse. It's just an underachievement given what they have spent on fees/wages.
They got 3rd last season, but it was a massive decline for them. A drop off of nearly 30 points YOY.
I dont know if they will strengthen more or not, but James Pearce seems to think they wont. So might be best addressing your opinions to him. On the business they have done so far, I'm not convinced Konate is an upgrade on the peak CBs they had last year (but may be if they are unable to get back to full fitness). He doesnt get any game time for any other top 6 team though, and in honesty he wouldnt be a starter here either.
They have a decent squad, as you would expect from the 3rd most expensive wage bill in the world. However they dont have the 3rd best squad in the world. And it's being weakened by the loss of a key 1st team player.
Aa for the sales, as weve said multiple times they get decent fees, based on ridiculous milestones that are never met. Like Grujic winning the European Cup and getting the golden boot etc. These are the sort of clauses they stick in. They also pay agents massively and will have to pay to get players off the books. On the 10m for Grujic they will have paid the agent and player probably 2m quid, and taken a deal.that is 5m in guaranteed money with the rest in unlikely milestones.
It's why when they come to tot the "net spend" totals ups, they fall below other teams and they all get really irate. They just dont compute it honestly, they seem incapable of doing so.
As for Grujic, he cost them 5.5m and probably 40-60k in wages ler week. With the squad bonuses he shares on certain seasons that will be closer to 80k in some seasons. So you're looking at 15m+ in wages over 5 seasons. They clawed around 3m back in fees and loans.
So best case scenario for him, is they have spent out 6m + 15m in wages to get back 5m fee and 3m in loan fees at the other end. Agents and players fees at both ends of the deal likely to be 4m ish as well. So it's a deal lose substantially on, but will never be reported as such. I mean if you think that's "ok" the it's up to you, I would say it's a bit underwhelming given the money theyve put into such players.
The point was more broad though. Forget the inflated fees they get for squad guys, they need another big Coutinho type deal to pay for more players. The 100m they sold for (or around 85m they will receive from Barca) helped fund a new set of signings. They dont have a single player in their squad worth that now. The closest (Salah) will probably just wind his contract down for an expensive Bosman if something cant agreed this summer and go and join a big club.
You keep observing from afar though, and seeing how the 3rd most expensively assembled squad in football history manages to finish 10 points above 10th place.