Qwiss we are at barely over 50% on wages.
We were at 65% last summer and we had an estimated £100m of PSR wiggle room, not whatever amount you like.
That reported 53% comes as a direct result of our bumper revenue year and low spending, and our shedding fringe players.
You can't claim the improvement in our PSR and wage ratio position due to economising was a reason we should never have have economised. It all comes back to this: there are regulatory limits to our spending, to which we are forced to attend, that constrain us more than the KSE coffers.
I said this years and years ago, that we'd reach a point where the spending needed to win us something or we'd end up lopsided and out of luck. Well, we're in danger of that now. If we can't find the puzzle pieces we need then last season, not this season, will be remembered as the one the last gasp of that ornery cunt Guardiola kept us away from the league title we've deserved.
Anyway. We're enduring a deeply negative season scuttled by injuries, witch hunts and an understrength squad, but it's nothing whatsoever like the 2010ish era under Wenger, when Arsène went into every season for years without backing or ambition beyond top four.