Fair point made regarding the risks involved being higher in the championship but surely with parachute payments still coming in if we were going to chance tact from our current model then it would have been the time to do it. Do you honestly believe if we get promoted by some miracle, we are going to rip up all the blueprints used so far including the way we have been run for nearly a decade and start spending the sorts of fees branded around on this thread? I think it would be backs to the wall in the top flight unable to attract players that would fit within our wage budget which is one of the reasons I prefer the championship instead of getting smashed week in week out
Who knows what will happen, I'm not casting assertions like you merely pointing out potential holes in your way of thinking that it definitely won't happen. We haven't a clue how much money will be coming into Wolves at that point in the future, who even knows how long it could take for them to get back into the Premier League? More clubs are pushing towards a more sustainable model these days, Celtic have gone down a new path in recent years looking to sign from lower profile leagues to get better value then selling for profit, even some of the huge spending at Chelsea has been offset by sales of Luiz, De Bruyne and Schurrle recently, Arsenal have been on an even keel since they moved to the Emirate I think?
Obviously all bigger fish than Wolves but there's no reason that sort of policy can't transfer down the rest of the league in time, the market is always inflating and at a stupid rate too so whilst Palace's £10m/£65k per week deal for Cabaye looks insane on the face of it, is it really that much different to the £7m threw at Doyle/Fletcher 5 or so years ago, or the £30-40k that Johnson and O'Hara were on?
As I said previously, Wolves were low on wages but high on fees last time round, a strategy that didn't really pay off, perhaps looking to reverse that would be a better avenue though it would make recruitment more tricky, looking for free agents, players in the last year or contracts or even people who've sullied their names through various means, strike a bargain but then you've got a bigger wage budget to attract a more talented individual.
Just because Wolves were one of the lowest payers before, that doesn't straight away mean the same has to happen again.