I think that’s mostly amortisation of contracts plus net transfer spend. Usually when we have people on expensive long term contracts we sell them after a couple of years. Now we have players on expensive long term contracts that no one wants so they represent a significant write off each year and they don’t get sold to offset our spending.
Frankly, we’d be mad to turn down any half decent bid for Hojbjerg. I guess the contract extension for Long is a decent sign of confidence though. With three other strikers on the books plus Redmond capable of doing a job further forward we could have easily let him go.