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All of which boils down to admitting they are guessing. Maybe it's an accurate guess, but in a few months time we'll know from the club itself how right they are. I'd rather wait until then before jumping to any conclusions, although, even if they are right on the button, it doesn't mean that it is impossible to escape relegation with the lowest budget in a league = as I said earlier in the thread, I'm sure there are plenty of cases where a side with a low budget over performs in leagues all over the world (I daresay it's something Neil Warnock sides did pretty regularly earlier in his career).
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For comparison: the previous Premier League season where the 6 lowest spenders all survived relegation.
I'm quite impressed by Sheffield United's manager, Chris Wilder. Unlike Warnock last season, Wilder demands more from his players in the Premier League than merely plucky displays.
Out of interest, the BBC have reported that Granada (who topped La Liga for a few days last week) have the third lowest wage bill in the league.
But it’s only part of the story, as transfer fees surely play a part in demonstrating the spend; a club that signs a load of frees could spend big on wages compared to a club that spends big on the transfers.