Last season we were 5th in that table too. - £53.7m
https://talksport.com/football/338477/transfer-net-spend-every-premier-league-club-both-summer-and-winter-201718-windows/
Even without Dunk, Izquierdo, locadia and (probably Steele).
And also Towell, Skalak / Baldock (gone/out of favour)
Leaves a squad of 18 for Nice. (Possibly a couple of other u23s along for the ride) . If you take more than that 3 or 4 aren’t going to get any minutes anyway:
Ryan, Button...