As far as I understood it, the Salary cap and the Sports payroll to revenue ratio are related. Meaning it's not a fixed number, but a percentage of what they make. Wether that's the 65-70% threeshold Laporta talked about though I'm not sure.
Laporta also spoke about the fact that this does not only include wages but also amortizations, which means (quoting some else)
So that's another issue.
Considering they are Arsenal and not 10th place from an actual competetive POV it means they are outperforming the relative expectations. And Arsenal isn't even a club that actually just relies on calm transfer windows and solutions from within. They are spending crazy and have barely had much youth coming since prime Wenger days. (which were also the days they were actually most succesful).
If you want to translate the example to another club, take Madrid for example who haven't been spending for several years and trusted in the squad that was already there, yet maintained top positions.
Not every time a club goes busy in a window, it has actually improved.
City
Man u
Liverpool
Spurs (recent years)
Barca
Madrid
A.Madrid
PSG
Juve
Sevilla
Liecester city
All are better teams than arsenal over the years, so they're certainly not top 10 competitively.
A strong case could be made for
Inter
Ajax
Dortmund
As well, all these teams that's what 15 have out competed arsenal domestically & in Europe, arsenal are basically a gloried EL team that's still living off past glory, they cant even make it to a EL final.
Becoming the next arsenal isn't going to solve our problems, at our worst which we are now, we have a better team than arsenal and similar revenues.
The Chelsea/Madrid comparison doesn't work either because.
1) they are/were both in much better financial shape than us.
2) going into Chelsea's ban & Madrid with draw from the transfer market they both had a better team that we do right now, certainly Madrid did.
A transfer ban where you aren't allowed to sign players for 1 summer is a holiday compared to the current mess we are in.
The only way out is to but a compelling team out their, compete at the highest level, reduce our wages and in a few years 3/4 at most, we will he back at the big boys table, no big player will sign for us in a few years if we are finishing 6/7 like arsenal.
Bartomeu really fucked us, but I think laporta is making all the right moves given the hand he was dealt.