But if your point is that we on average achieve positions according to our wage bill then you are right.
Ah good, we agree.
It's all quite simple really. If the team isn't performing up to its wage bill, blame the manager. If the wage bill isn't commensurate with revenue, blame the chairman.
If a manager massively overachieves his wage bill, but the colossal revenue growth he enables is not reinvested into the squad, spend your whole fucking life listening to faux-clever bores lick the chairman's boots because they have some bizarre fetish for the capital class.