That 65k figure rumoured for Sneijder is after tax...
Our Offer was 120k per week, top limit for tax is 50% but going down to 45% in April...
The reason we didnt get him was he wanted parity with gerrard on 140k per week.
Anyway that issue aside. I think our ceiling is around 100k per week prior to tax. The only players who earn more than this is Johnson and Gerrard I think.
They have reduced the wage bill from 72% to about 50% now this year alone.
Once Carroll 90k is gone I think we might even be under that 50% mark considering we no longer have Sahin and Cole on huge wages...
They are changing the wages from 120k standard to around 80k plus performance bonus's.
Where is the money going though? Saved about £32 million in wages, Increased Sponsorship deals, Increase in TV money...
Still no stadium...

Somethings not right.