Player Valuation: £5m
It must also mean that we are still paying for signings from previous years though. This years budget is being impacted by a percentage of the purchase price for Allan, Doucoure, Mykalenko etc.It's nothing to do with the installments and up front payments we've made
In simple terms, the guaranteed price we are paying (let's say £15m for McNeil) is spread over the length of his contract and for PL profit and sustainability rules, it costs us £3m per year over the length of a 5 year contract (for example) plus whatever his wages are.
There's no benefit in the rules to us paying on the drip, it just helps in real terms from a cashflow perspective