Yep that's a totally logical way of evaluating how we operate and I do agree, though I would add player marketability to the table too. Not in the sense of what they are worth as a Football player, but more in terms of the merchandise they sell and their brand appeal. For example, I would expect Theo and Jack to sell far more shirts than say established players such as Sagna and Vermaelen. I think this is one aspect folks have missed out on when taking into account players/agents negotiating their wages.
The club can't have it both ways...because if it really was purely about Footballing ability then we wouldn't have this "ideological" wage structure in the first place.