Btw, 85% of 250 is 212.50 :-)That’s not right. If Newcastle have a turnover of £250M and are not in Europe, they can spend £187.5M (85% of turnover). If they’re in Europe it’s reduced to 70% of turnover as that turnover is expected to rise, due to being in Europe.
Not sure what happens if you’re in Europe one season, out the next, back in and back out……….