We should have the capacity to make a 50m signing.
If we did I'm sure we would be in for Lookman who was our 4th option or so before.
Seems like we don't. Logic says the effort to sign Nico would have been considerably over what we're comfortable with at this point, with even a risk of no registration. Once players know this, it becomes difficult to land even a moderately expensive signing for 50m in this summer.
Doubt the club can comfortably spend even 75m this summer. 25 for Garcia + 50 for a good player.
To make these deals you need to have assurances they can be registered early after the window opens. Because good players move pretty quickly as their new teams want them ready for the new season.
Late in the window, you usually get what's left or the merchandise nobody wanted.