I'm not arguing that the single transfer of Bale will put us into financial meltdown. I'm arguing against your assertion that we can and should "elevate the club with stellar names and world class players" by buying them ready made. We are a wealthy club amongst the broader population of football clubs but we are not trying to be peers with Stoke City, Levante, Marseille, and Lazio. We are competing for the players that Bayern Munich, Real Madrid, Manchester United, and Barcelona want at the highest end of the market. We are the lowest bidder by a distance there so we have play the market differently from them.
My point regarding Bale specifically is this: IF we had 60M and the wage space to add Bale, I trust our coaching and scouting staff to find ways to spend that money on other players in a way that improves our squad and secures its future to a greater extent than a player that has made 47 league appearance since the 15/16 season. Eriksen has made 83 and Lamela has made 43 in that same time period for way of comparison. Bale has made almost as few appearances as Lamela, a player whose career we feared was near it's end and still has yet to take the field in a competitive fixture this season.