So Old Big Gob couldn't afford Wood, losing out to financial middleweights Leicester City, and now it looks like Dexter Blackstock is staying at Nottingham Forest, until the summer at least.
Whilst Wood would have been a promising signing, with the potential to develop into a half decent player, Blackstock is a typical Warnock man - a never has been, never will be. He is young for Warnock, being in his mid twenties, but he is a player who would simply clutter the squad should Leeds con their way into the Premiership via the playoffs.
Lorimer talks in his rambling article in the YEP of the need to bring in "a little bit of quality" but if Dexter is the sort of player Leeds are chasing, then "a little bit of mediocrity" would be more appropriate.
So, the big question is, where are the millions of pounds that GFH Capital were going to invest in the squad? As I said the other day, £6m would probably be enough to secure Leeds a place in the playoffs, and that is nothing when set against the rewards of securing a place in the Prem, even if it is only for one season.
The fans might not like it, but yo-yoing might make financial sense. Win promotion on the cheap, accept relegation will follow, harvest the millions that come with a year in the Prem, pocket the parachute payments, invest in the squad, bounce back up, accept relegation, repeat the trick...who knows, over a period of time, say after the third promotion, survival might be possible. But to do even that, you have to win that first promotion, and to do that, SOME investment is needed.
At the moment, however, GFH Capital appear to be following the Bates model of doing everything on the cheap whilst milking the fans for all their worth. Great take over I must say!