- Jun 27, 2012
- 14,613
I feel it's to keep as much money as possible but stay in the championship. .
Tony Bloom has lost £51m in accumulated losses since 2010, the club spends £500K+ on players wages and fees *every* month and this cost is rising every year
,and he's already spent £205m in funding an expensive Championship Squad for four years, the Academy and the Amex itself. And he's promised to invest heavily again this summer. Investment that he's never likely to recoup.
He's not doing very well at this "keep as much money as possible" goal. Because he's not keeping any money at all. He's spending it. Millions of it.