Just thinking it through, was this year the start of a new FFP 3 year cycle?
If it was, then I suppose it could be predicted that this year lots of clubs would go mad with their spending, and next then be relatively quiet over the next 2 years.
I wonder if because of this, FSG decided that prices will be inflated this year, compared to subsequent 2 years. Therefore strategically it would be better to wait.
If true, it wouldn't excuse the previous years under investment which makes our problems more acute now because we decided not to spend and everyone else has.