There's still a distinct whiff of cynicism in the air regarding Sullivan and Gold but credit where credit is due, they don't appear to be skinting on finance at the moment. The signing of Nolan - likely to cost the club in the region of £15million in fees and wages - is a fantastic statement of intent and whilst it has echoes of the Hitzlsperger signing, timed to boost season ticket sales, nobody can quibble at such a huge investment from a team just relegated.
Of course, we are saving a fortune in wages already. The salaries of Dyer, Spector, Jacobsen, Upson, Ba, Hitzsperger and Bridge added up to a cool £360,000 a week or £18,720,000 a year. When Parker goes, there will be a further saving of £4.3million. With the parachute payment, we actually won't be that much worse off after that adjustment.
However, departing players have to be replaced of course, and Nolan is claiming what Derr Hammer was being paid. People keep saying that Nolan is the replacement for Parker but, of course, he is more a like for like replacement for the German.
We have Upson's replacement - and many expect Faye to be an improvement. Derr Hammer has been replaced by, in my opinion, a better player. Dyer, of course, didn't count. We desperately need a right back and left back and probably a goal scorer to replace Ba. But with seven new recruits mooted, surely the key positions are being prioritised.
It looks to me as if Sulllivan and Gold are taking a gamble, conscious of the need for a speedy return. It's shit or bust time.