This hasn't been backed stuff is bollox.
Since we sold Bent we have spent 7m+ on Gyan, Wickham, Fletcher, AJ, Altidore, Giac, Rodwell, Alvarez, Lens, Khazri, Borini, Pappy and Ndong. Ignoring their wages that is 125m+.
Plus countless others for a little less (Graham, Scocco etc.) and we also committed to 13m on wages for Defoe.
Leicester, Southampton, Stoke, WBA, Swansea etc. have established themselves in the Prem for far less.
It's not a lack of funding. It's the relentlessly shit decisions. We all know that.