Let's be fair though even if he decided to go right to the £105m limit, in this market it'll be what, 3 good players tops with wages included or one top class signing? Risky in the extreme.
Until our particular version of Moneyball kicks in, major progress is going to be difficult. We can only hope to start making incremental gains once we can develop and initially at least sell players for high fees to finance the next generation of signings. Even if TB wanted to he is constrained...