ILoveMoonPig That's just the situation we're in, we lost hundreds of millions under Dai, didn't we? We had a few years of massively going over budget in the hopes of getting promoted from the championship and we didn't. I don't think we can really offset that with a few years of reducing budget, because we're probably still way over budget for our income. Its going to take a long, long time to financially balance the club again. We're going to have quite a few 'summer rebuilds' and selling our higher value players to pay for stadium/training facility maintenance, loan repayments, tax bills etc, until our income matches our outgoings appropriately.
We can't spend our way out of this, we're going to have to sell our way out of it over a long time. But there's a lot to be optimistic about: we still have an academy and a top-notch training facility. We should be able to keep a supply of exciting, high-value young talent coming through and make the most of their time as a Reading player to keep our league position. Yeah, its going to suck in the short-to-medium term, but in the long term, we will be much better off for it.
I think this is one of the reasons that we got the training ground open day, not just to see what a great facility it is but to focus our minds on where the talent is coming from. It's not new signings.
