I wouldn't really count free transfers. We could sign random Bosmon players, keep them for a year, and sell them for peanuts and call it profit. It doesn't take a master of the market to take advantage of that arbitrage opportunity.
And anyway, we should add a premium to some players who did more harm than good in the team when they played, accounting for the opportunity cost of not fielding somebody better. Marchionni and Nocerino come to mind here.
And anyway, we should add a premium to some players who did more harm than good in the team when they played, accounting for the opportunity cost of not fielding somebody better. Marchionni and Nocerino come to mind here.
