If memory serves me right, I am sure the daily telegraph had something on the financials at the club, have a look in their archives. With regards to cole, we should tell him if he doesn't go, he doesn't need to report to the club in any capacity and he's not permitted to train with anyone else. Then we'll see how m h he wants to play football. The money we've spooed into the toilet makes me shudder!
Now for everyone who's either ignored, or not wanted to bother with understanding the wages, and things revolving around FFP, which both impact the purchasing of players, that's fine, don't bother, but just read that number again, 20M in wages for Joe Cole, and ask how in the world John Henry must be feeling when he pays that every week for his time owning the club..
Just to put that in context. Mesut Ozil makes 90K for Fail Madrid, and Cole earns more, while not being able to polish Ozil's right boot, let alone left..