I think there's two seperate but worthwhile points you and @The Rising Sun are both making: Perhaps for the first time under BlueCo we have a positive value on our playing squad. Losses on the likes of Fofana, Gusto, Neto, Mudryk, Gittens and maybe Lavia are offset against likely gains on the value of Pedro, Palmer, probably even Rogers and Caicedo in this market. This is great news for Clearlake and their lenders, but not so relevant to the club. In an inflationary market we are unlikely to secure equivalent replacements for the same price and in a deflationary market we won't receive the expected sales. Asset value doesn't matter in football terms, spending does. We've spent an unimaginable amount of money with little to show for it. That's still a problem and while we are able to cover our mistakes due to favourable selling conditions, that isn't always going to last. We have to get much, much better at recruitment. There's some dangerous PR coming out of BlueCo suggesting that Winstanley should be praised for the window sales, and that it was the recruitment and the 'model' that guaranteed us the prices we received. That is foolish nonsense. The market was inflated by a number of macroeconomic conditions that are unlikely to be repeated and are certainly not sustainable. We will not be getting 50m for Garnacho or 65m for Jackson or 125m for Enzo Fernandez equivalents in future years. BlueCo need to have some humility and take an accurate perspective, and not squander a second-chance that we might never get again.