At 3% inflation 3.5 million will be worth about 2.2 million in 15 years time? There always seems to be a flaw in these proposals doesn’t there?
You need to know better facilities will attract more corporate sponsorship, more supporters to visit a more professional welcoming stadium spending money at the club, better players will want sign for us, players we can sell on for profit. (Posh want £10m for our local school boy Marriot)
Better league and tv revenues are also gaureenteed when challenging in league 1..
So you need to go back to your bean counting for beginners book and fully calculate projected earnings along side loses and bad debts.