Because we are not raking in money from spectators thats the problem (i suspect) the point being if our wages are low and we haven't gone that mad in the transfer market we should be!
El P was saying we are at a disadvantage because say Reading has parachute payments (and we don't) so their income is greater but that advantage disappears when they pay premiership wages to players in the championship
You're confusing two different issues: our financial position in terms of FFP which you, rightly, makes us better off if we try to keep wages within manageable limits.
But the issue I was addressing was the one raised earlier "It is hard to understand how we have the greatest attendances, one of the highest prices and yet are told our playing budget is the 14th in the league. The answer to that is that we are not paying Premier League wages and our losses will be limited but we're still behind on playing budgets.