It's nowhere near that simple. The fees quoted are not the fees that we receive, the payments are not all guaranteed and are often linked to future performances, percentages paid to former clubs, you cannot ignore the wage element, there are agents' fees and if we do make a profit, Corporation Tax.
When the papers say that somebody has left for 'a deal worth £...m that money doesn't all go to the selling club and may even include the player's future earnings.