The financial rules are annoying - but under such constraints it seems odd to spend a good chunk of money on players who aren’t first team ready. We also might want to be a bit more judicious in how we spend the money on the first team - Guessand not being good enough and Elliott not being used are bad mistakes for a side in our circumstances.
The trap we are in is that our first XI is so good, that we can't afford to buy anyone who is better than them - either their transfer fee or their wages will be too much.
So that limits us to loans, Bosmans/cheap players, youngsters and damaged goods and hope that Emery and his coaches can get a tune out of them. All of these categories of player are highly volatile with a high miss rate.
And that's why our transfer window was Elliott, Sancho, Guessand, Bizot and Lindelof.
2/5 is probably a reasonable hit rate.