Total and utter rubbish.
The club will get what he will cost from the sale of Spence - a player who didn't play for us.
He will not ruin us from a FFP perspective at all.
If we have to sell him, we will get money for him, covering the outstanding book value.
We could also if needed sell Tavernier, Fry or McNair to offset any loss if he proved to be a disappointment. They are far from world beaters themselves.
But you know what, he might just fire us to promotion, he might just score loads even if we don't. Either way he would be worth a profit on his book value.
Stay small time, or invest at the right time for a better future. It's all about judgement. I'm so pleased your attitude is not at the helm.