So Brendan Rodgers lied for no apparent reason, we spent a transfer fee.. added another player on the Wage bill whilst still paying Reina's Napoli wages... to reduce the wage bill? Yeah that is what we did because Swab said so on an internet forum.
In the meantime, I should reduce me rent, I guess I will rent a second place and sublet the first whilst paying half the sublet... would that make sense? No... there is no way we got Mignolet on the wage bill + transfer fee to loan a player out! ridiculous! utter trash.
Dear god, the lack of knowledge is actually frightening.
First off, BR said a lot of things which turned out to be spin, as did KK and Hodgson.
The club finances were in a huge mess, players were sold to reduce the wage bill because at over 70% of turnover, and without European football, it was not sustainable.
Clear so far?
The club stated many times that we needed to reduce the wage bill, even saying; "we have players on champions league wages, with no champions league football, and we cannot afford for that to continue".
Meireles, Maxi, Kuyt, Reina and others were all on big basic wages, and it needed to be reduced, as did the size of the squad.
That's what happened, and your failure to find anything on wiki doesn't change that.
Secondly, Mignolet came here on less than half Reina's wages.
The fact that you don't know how a players fee is spread over the course of his initial contract is the problem.
You think we just pay £X million, and it goes on the accounts like that.
The payment is spread over a number of years (regardless of how much is paid up front).
The players worth is "amortised" over a period of time. (it's a form of depreciation)
So you have a player on £150,000 a week goes out, and a player on £50,000 comes in, the purchase price is spread over 5 years in the accounts, with the players "book worth" declining as the contract progresses.
A difference of £100,000 a week is £5 million over 1 season, so in less than 2 seasons, the transfer price is recouped, then even with the new wages, we pay less money over the course of the contract.
It's not f**king rocket science.
For fucks sake, go and learn how contracts in football work before bothering me with this basic stuff.
As for your edit, more pish.
Reina knew he was going to be moved on, so his PR team went to work, as did the clubs.
In other words, the same thing that happens with almost every f**king transfer.
You really don't have a clue, do you.