Third Place winner, January 2009 Photo Contest
Teams: Manchester United F.C.
The previous system was flawed, as pointed out by (I think) Est1975 last year. For example:
Mutu has a remaining transfer budget of £157m and a wage budget of £15.7m.
He has Rob Green, valued at £61m (seriously) on a 1 year contract. To release him, Mutu would pay £6.1m and his wage budget would increase by £6.1m.
That gives me £150.9m transfer budget and £21.8m wage budget. Converting excess wages into transfer budget increases his transfer budget to £184.5m and his wage budget to £18.45.
Obviously releasing a player shouldn't increase your budget by (nearly) half his value.
The simple solution is to not put the wage money back into the budget. So releasing a player costs the players wages multiplied by the number of years left on the contract (plus an extra 10% to save me recalculating your budget).
So releasing Green would cost Mutu £6.7m. The only benefit would be freeing up a spot in the team for a replacement. It would also make it more beneficial to sell the player, even at a loss.
Does that seem fair?