True, wages have to be considered with net spend in these discussions.
But the data about wage bills isn't exactly solid, as stated in your first post.
There are dubiously inflated self-sponsorship deals, whilst football leaks have shown that there are off the books payments to footballers, and finally differences between clubs on how wages are paid/accounted.
You can look at lfc accounts with a certain amount of reliability. Our club is looking to be ffp compliant.
Clubs that are not seeking to be ffp compliant well their bookkeeping is a little creative.
Take Sterling at City, apparently took a wage cut on his last renewal whilst having improved significantly in football terms and having a thundercunt of an agent.
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