Not just that though, it’s the outrageous wages afforded them too….. that’s just as much a millstone around our neck as the transfer fee’s if not more so.
More, it’s also about value too, players appreciate or depreciate from purchase to selling, probably Digne, Richarlison, Gray we could make a profit on from his signings, in the context of volume of his signings, it’s not great.
In a way transfer fees don’t matter, if you sell the players for more and they contribute to the cause in between, when you look at say Delph, Gbamin, Iwobi, Gomes, Bernard - big investments they haven’t appreciated for the investment made, they are/have been losses waiting to happen, via ongoing cost of a decent wage.