We have brought in 2 youth players who established themselves as first team regulars, and guys like Thomas on the fringe. We have also recruited younger players like Kennedy (22), Moult (23) and Laing (23) with an expectation of selling them. If we can do that every season we will be in decent shape.
From what McGhee said in his Manager of the Month interview, it certainly sounds like he wants us to still invest in small transfer fees to complement the youth programme.