Two years ago, our wage bill was considerably higher than Tottenham's.
We were paying Steve Sidwell 50k a week. They were paying Modric half that at the same time.
Too many of our players sat around picking up 40k a week and offering nothing. Which manager, for example, would sanction giving a nearly-32 year old Emile Heskey 65k a week for three years? Or Beye, at 32, a three year 40k a week deal?
That's what we are cutting back on now, not so much transfer spend, but wage bill, because it got so massively out of reality.
Or 32 year old Brown on a four year deal, or 30 year old O'Shea on a four year deal