Unless they're using Kaizen budgeting, I fail to see how the £8m will go towards a new player which will make us competitive. Their self-professed goal is self-sufficiency, and their projected losses are £4m. So, that's £4m of the prospective new revenue stream - and as they've said on numerous occasions, there's more money spent on transfers than just the transfer fee - so a £1m player with £3m spent on that players' wagers, agent fees and sign-on fees. Sweet. Man City will be quaking in their boots.
Good trade-off for losing St James' Park? Nah.