>>Obviously if it were shown that we were paying conspicuously  less than 
clubs smaller and with smaller turnover, then he would feel pressured  to 
bridge the gap. I'm talking at least the middle of the bell curve. He could  
convincingly justify not over spending in those circumstances. Not too 
difficult  a concept to grasp, surely?<<

 
 
The problem is your the argument that because we have a bigger  turnover, 
we should spend more on players' wages.
 
If you look at the teams that have recently been promoted, very few  had a 
big wage spend.
 
Contrast Norwich & Swansea (low spenders, by all accounts, and  promoted) 
with Cardiff (massive overspenders; consistently fail to get  promoted).
 

The correlation of wages and turnover isn't really relevant.
 
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