Bear in mind that we spent 110 percent of our turnover on player wages in 2011. I doubt it was any lower last season. Next season we will be forced to get that number down to 65 percent.
A bit more here:
http://scandinavianblades.webs.com/apps/blog/show/12138414-united-s-gamble
An interesting article again Bergen.
However, I disagree with your comment above that the wage bill won't have been lower this season.
By my reckoning we took about 16 players off the wage bill last Summer, many of them on high Championship wages (I.e. Henderson, Yeates, Ward, France, Jordan, Nosworthy, Bent, Calve, Lowry, Mattock, Riise, Vokes, Wright, Kozluk, Bogdanovic and Slew).
By contrast, we only brought in around 6 permanent players, probably on League One wages (JFL, Flynn, Howard, Porter, McDonald, Williams) and around 5 short-term loanees (Phillips, Clark, Beattie, Hill and Egan).
That must mean the wage bill has been slashed from the 2011 total already.
The average attendance was down on the previous year but we made better progress in the cups and will have made a decent chunk out of the play-off matches. So Turnover won't have plummeted that much overall.
We've now shed a further 11 players this Summer including a few of the very high earners (particularly Evans).
My guess is that we are around the 75% wages/turnover mark and can only avoid a transfer embargo if the likes of Monty and Quinn leave and/or we don't re-sign Williamson and McDonald.
I would be interested to know if Wilson means he can't sign anyone until someone leaves due to the club's policy or if a transfer embargo has already been applied by the league.