This is why we might not spend much in the summer so any new manager could be pretty fucked without some external investment.
Many clubs have significantly increased transfer debt in the past few years. For example, Tottenham have grown to £252m, ahead of Woolwich £188m and Manchester United £182m (up to £307m in their Q1 2022/23 accounts).

Many clubs have significantly increased transfer debt in the past few years. For example, Tottenham have grown to £252m, ahead of Woolwich £188m and Manchester United £182m (up to £307m in their Q1 2022/23 accounts).
