The above is a theory that has been proposed by one poster, with no corroboration whatsoever from any other sources least of all the club itself, and now everyone assumes it is gospel. I hope it is true but I'm not convinced. We can increase our wage bill by £7M p.a. without having to raise revenue. If our wage bill increases by more than £7M by bringing in Gueye, Stekelenberg, Williams, Bolasie and Kone after shedding Howard, Hibbert, Osman, Pienaar and Stones from last years bill then we have been as fleeced on wages as we have been on fees
Some simple research and reasonable assumptions will readily provide an answer.
Howard, Hibbert, Osman, Pienaar and Stones were paid a combined basic salary of £183,000 a week.
Gueye, Stekelenberg, Williams, Bolasie and Kone were paid a combined basic salary of £187,000 a week. I'm going to suggest their salaries have increased by 25% taking the combined figure to £233,000.
Lukaku is set for a £55,000 a week increase. I'm going to assume Barkley receives the same increase and Baines a smaller increase of £25,000.
I'm assuming we've budgeted for 3 additional players say at a 'moderate' £75,000 a week each.
That gives a combined wage increase of £406,000 a week ignoring any increases in any of the other 25+ professionals in the club.
That equates to £21,000,000 increase in wages, 3 times the permitted increase given our non broadcasting revenues are going to be flat.
So in the absence of any realistic way of increasing revenues by over £14 million a year how were we going to achieve it without creating a significant trading profit from a player sale?
Btw if we achieve two of our main targets in the window those figures will increase significantly, probably by another £5 million at least.