I assume (dangerous, I know) that the one year promotion campaign was born out of the parachutre money - the club could sign players on one-year deals knowing that if promotion wasn't achieved then they could re-budget without having the burden of expensive contracts. What should happen is that the financial position is reviewed and the club offers contracts to a value it can afford. If we get promoted then that puts us in a different place, financially speaking, than if we are not. Regarding the January contracts, it may be that a degree of mid-season budgeting takes place.
Anyone paying attention to Scottish football would know that the first division is a nightmare to get back out of. Even if you'd only been following ICT since they joined the SPL, a quick thought about what has happened to the teams that have been relegated during our time would tell you that.
I don't think is was silly to advertise a quick return, and I'm sure our aim is/was to get promoted this season, but that is true of at least six other teams. To settle for a fwew years in div 1 would have been really sad and unambitious, and this is the season when we would have the money to create a strong squad. I can accept the club gambling money they have on a return to the SPL. I would be less happy about them gambling money they don't have.