Quote Originally Posted by I am invisible View Post
They can if it’s funded through increased revenue from commercial income, player trading and Match Day income (second para from that second link) - it looks like £7m is just the maximum you can increase wages by if your income remains the same.

I wonder if this is why we’re seeing teams like Fulham and Wolves splurging hundreds of millions? They’re going from Chamionship revenue to Premier League revenue, so their jump in income (and the margin for wage increases that they’ll be working with) must be huge!
Yes that's right. With newly promoted teams like Fulham, I believe they can increase their bill by a much higher threshold than others. It's way more than 7%. I think around 40% to 60%. The exact figure is in that second article somewhere.