Nick Real Deal - 15/8/2017 09:17
Levy does not agree with the market rate, neither do I. The players sign contracts, they know the club's wage structure .
The situation may improve with the new stadium. The players could jeopardise the financial stability of a club with huge wage demands.
That means the groundsmen, the cleaners, the day to day staff could lose their jobs because of greed. It's ugly selfishness.
No, Levy does believe in the market-rate; it's the percentage rate of revenues that is the predetermined advisory amount as dictated by both the PL and the European Clubs association.
Occasionally for short periods of time, we even exceed this percentage as we did for over 18 months when Harry was in charge and we were in his first season desperate to add to our two points from eight...
So again, let's try and kill this nonsensical myth that is rinsed and repeated by those who cannot or have never read and understood a set of annual accounts let alone managed their own bank accounts.
People jump onto a bandwagon for a narrative they either don't understand or can't grasp.
It's bollocks, it's nonsense and every single agent I know (and that's quite a few) all know it too - that doesn't mean they don't pressurize and ask for the impossible - these are now (mainly) sophisticated people who know what the clubs limits are, and they in turn make their clients amply clear on it - anything else is a down right complete and utter lie - that said, they also know that Levy will defend the clubs interests as if every penny was his (which in a sense 30% of it is).
Players know that if they think they're better than our wage structure, they'll have to secure admirers with their play and their agents will then secure bidding options.
This modus operandi for us will not, and cannot change in regard to where we are today until the new stadium is finished and we start building a leap in revenues (as that's what it will now be, something in the order of £150-200 mill p.a.) - it's something that Poch understands in incredible detail, as do the agents/players.
Of course we might get a fairy god father before then, but even he (they) should in theory be tied by the FFPR to a relativity minor loss over a three year period, that certainly wouldn't allow them to take a leap in players wages.