
Originally Posted by
Fist of Lehmann
In other words, what's the difference between Man City inflating wages at the upper level, and us inflating wages at a lower one?
The difference is this. Man City are operating an inflated wage bill, we are operating a normalised one. Like most clubs we still have to balance the books, so if we overpay at the the lower end, we have to underpay at the upper ("underpay" that is, relative to the prevailing wage market).
The only way we could possibly distort the wage market would be to normalise it, which would actually be healthy thing.
It's impossible for this to happen however because market forces always reassert themselves, or, to put it another way, underpaid workers who receive a better offer usually leave.
Our wage structure leaves us vulnerable to poachers because our top players know they could earn 3-4 times more elsewhere. And in few other industries are high performing employees so aggressively head-hunted.
So even if we were successful, the uber-rich would be tapping up our players. And we would spend every summer desperately fighting off wolves and trying to replace the players we would inevitably lose.
Sound familiar? It's already the position our wage structure places us in (minus the success).