Of course it is. Wages being the biggest predictor of league success but every transfer has a total cost with transfer fee, agent fees, and wage commitment on the contract.
That’s how clubs would look at it surely?
ummm, perhaps - but again it just does not tell the story at all because if it did, Man U and Chelsea would have finished the top 2 the last few years surely??
Liverpools total transfer costs are, if we were to look into it, completely dwarfed by theirs and yet here we are.