They certainly won’t be able to do what Chelsea and Man City did, but the one positive of Ashley is he has left us in a reasonably healthy position to spend. Some stuff I seen last year intimated that we could reasonably spend ~£250m without breaching ffp. That’s not including the fact we will be much more marketable to firms in the Middle East. (Expect Saudi airline/tourism deal pretty much straightaway)
Increased season tickets, spending on match day etc we should be in a pretty healthy position.
I don’t think they’ll go out and spend a huge amount on players though, think the initial outlay will be on training ground and stadium