Which was very sensible, and probably what we do now to some extent.
Wages are money up in smoke ie. Tony's GIFT to the budget.
Transfer fees can be recouped ( sometimes for more, sometimes for less ) ie Tony's LOAN to the budget.
Gus turning on the charm a bit, something he is very good at.
He is probably mostly right though.
And now with Glenn Murray back, palace falling apart, and the success we are having it seems like we are moving away from the damage inflicted at the end of his management.
Time to cut him some...