i've had a search but nothing previously posted seems to answer my question.
I'm Bolton in my second season, i have gone over the wage budget, it was 500k, and i went upto 550k. So the board told me to reduce this or they would be forced to cap wages. I couldn't reduce it, and the ended up capping wages, but now, in jan. i've managed to reduce the wage to 450k, but my wage budget is showing at 55k and max wage as 4.5k
obviously i cannot renew any contracts as players want more than 4.5k, so i stand to loose half my squad on free transfers, because even though i reduce my wage bill the budget is so low that i can never match what the board want! (anelka alone is on 60k/pw)
how much does my budget have to be under the original 500k to remove the board's wage cap.
And how long is it before they act and remove the cap?