[Blue Baggie]

Reality check time.
In case anyone has forgotten we got relegated last season and face a drastic reduction in our income (yes, even with the parachute payments). We will still have one of the highest wage bills in the Championship and as a result, as it stands, we were never going to be investing huge sums in our playing staff.
At present we have sold 2 players and bought one - if the Bartley transfer goes through, our spend to date will be above our transfer income. The other players who have been released were, at best, bit part players and can be replaced by our youngsters coming through - I for one would rather see the likes of Field, Fitzwater, Leko etc on the bench than Yacob, Macauley, Myhill etc, good players though they may have been (note the past tense).
All indications are that we will only sell other players if we get an acceptable offer - and in that case nothing has happened to say they wouldn't be replaced, if rumours are true generally with younger players. Yes they may not be "proven" Premier League quality but based on last season neither are the ones likely to leave.  
In addition according to the E&S, the release clauses on Rondon, Hegazi and Chadli expire before the transfer window deadline, so we shouldn't be left with last minute holes in the squad.
So some old, out of contract pros are training with us.....just like as happened most years without us signing any of them. It's normal, we haven't signed anyone so why get so upset?
For my final rant, anyone with an "ounce of sense" will know that the vast majority of our money from TV or transfers will go on paying our wages bill and player purchases. If anyone knows of how our owners will magically salt away significant funds back to China, I suggest they contact HMRC.

Chill everyone, wait until we see what the squad looks like at the end of August before moaning. As it stands today, it looks pretty strong to me.

While I have full respect for your opinions - I would like to say the approx wage and running cost for the coming season is expected to be lets say approx 40 million, down from 70 million last year - with the 95 million PL money coming our way that leaves a surplus of 55 million
Lets say 5 million to pay the overdraft off - that leaves a clear 50 million. Wait for it "we need to balance the books" we have costs to pay and that 50 million will be in Lai's pocket. Its nowt to do with HMRC, as long as he pays the tax - legally its his to do with as he likes. I'm keeping it simple and not including any additional income from TV this year, gate receipts, ST sales, sponsorship, etc, etc  
Just like JP did with his 1 million a year bonus - every year while he owned the club. He didn't need anyone's permission, Lai can do the same.
Like I have said before these are just my opinions / thoughts - some are rubbish and questionable but some do ring true.
Lai did not buy our club for fun, he's shown he has little or no real interest, so that leaves it as a business venture - from that we must assume he will want a return on his investment. on 175 million a reasonable ROI would be 35M/annum (20%) If this does not happen and we balance transfers costs (in vs out) we will have a 50 million nest egg ? somehow I doubt it. 
Anyhow we will see how it pans out - I hope i'm totally wrong and i'm talking nonsense.