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Simple. Their transfer net spend since 1 July 17, increased wages, compensation to Pulis, his assistants, CEO, Chairman and some spending/poor decision-making alluded to in the press release .... have exceeded total club income 2017/18 by £10m's. It happens. Receiving £100m of TV money...

They had one good year 2016/17 financially, which included £12m gained on the sale of Berahino, leaving £40m cash at bank as at 30 June 17. But high cash outflows since, including the consequences of some awful decisions, have seen the cash wiped out and the need for a "small" overdraft. This...

It was money well spent. The team bonding gained, led to a run of further PL defeats.

He's certainly on a win-win, despite repeated failure. His career high point was getting to a FAC Final 12 years ago, yet he keeps getting multi £m contracts. If WBA sack him, he gets paid in full. Or they keep him, to get try to get themselves promoted.

At one stage I thought we were unlucky, in that our PL season lacked a car-crash Villa, Boro or Sunderland. Then, step forward, Alan Scott :wanker: Pardew and WBA. We owe him.

A great talent, but he's always been injury prone. Pardew :lolol:

£120k per week, plus 13.8% employers national insurance, for several months. Say another £2.5m of cash outflow, doesn't help. Pardew strikes again.