I am very much in favour of Everton's cautious/prudent approach to transfer windows and investment in general. Something tells me a global financial maelstrom, (which will make the crisis of 2008/09 look like a walk in the park) is brewing and will hit some time in the next 2-3 years. I genuinely believe the sky monies of the next 4 years should be managed with an eye to lean pickings beyond that time horizon as I think TV monies will be greatly reduced thereafter. Make no mistake, many sugar daddy-less clubs who do not 'harvest and store' in these bountiful times (financially) will go to the wall if they continue to over-invest. In the absence of player sales, I advocate no more than 60% spend of the yearly (non-cash) amortisation/depreciation item , plus 100% of the EBIT in year 1 (ie this window) tapering down to 25% over subsequent years to 2019/20 (when the current TV money contracts expire).
And moving to a new stadium?...it ain't going to happen. Some redevelopment of GP is the way to go (in my humble opinion). A deflationary storm is on its way, a storm that will destroy malinvestment and over investment alike, and God knows, there is too much inflated investment hubris in the football (and sports in general) 'theatre' at present. It won't last. Bubbles always burst.
So, in summary, I for one am pleased that Everton Football Club is not madly bidding up the value of every Tom, Dick and Harry footballer. Prudent selection of targets and pricing of them is the way to go, and it is what we are doing.
Of course, my prognosis does not make for a very eventful 'Transfer Thread'...but such is life