If I am understanding these new FFP rules correctly then the PL are looking to limit a clubs spend to 70% of their revenue on transfers and wages.
I don't have the exact figures to hand but lets say the Rags turnover is £650 million that means 70% would be £455 million, i have read their wage bill last year was in the region of £380 million and if so that would only give them a Transfer budget of £75 million. I suppose there are ways that the fee can be split over several years but even if they spent £300 million this year and split the cost over 5 years that would still be £60 million extra they are committed to paying and so they would need to drastically increase their revenues.
If I am understanding this correctly any idea they have of suddenly throwing big money around for the next 10 years is bollox.