Normally I would welcome someone who is making their first post and be overly polite, but are you kidding me?!
Here are some other aspects a label might consider before signing Morrissey:
a) The steady decline in sales numbers for his past three "comeback" albums. YATQ sold well, produced a live CD, and I believe four singles. ROTT sold less, but still produced some singles (not four). YOR sold extremely poorly despite the mainstream media giving it largely positive reviews, and it produced one single, yes? Not a encouraging trend line.
b) Morrissey has not done himself any favors with his comments on race, the royal wedding, Lady Di, and now the fans.
c) He has a reputation of being difficult to work with. The playing field is littered with the corpses of those who tried to manage him.
d) Because of the poor sales, most record companies are pushing for a reunion of The Smiths. They view this as a far safer investment. Clearly, Morrissey has refused, so there you have it.
Here's a thought: take a poll of those here who have leveled critical comments towards Morrissey's recent work and ask them approximately how much they have spent on Morrissey concerts, albums, singles, etc. The dollar amount would stretch into the thousands for most.
I don't really think the number of singles than an album 'produces' is particularly relevant. It's whether the singles are airplay hits and generate sales for the album that counts. The two wonderful (and therefore radio-friendly) singles off Viva Hate helped the album sell many thousands more copies than the four relatively-feeble singles off Ringleader of the Tomatoes, only the first of which (You Have Killed Me) received decent airplay (and that was 95% down to Radio 2).
Although four singles were released off Who Ate Me Curry, only First of the Gang received much airplay (top 20 airplay chart), and that was the only single that resulted in the album going back up the chart.