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It's little wonder West Bromwich Albion have balanced the books by shipping out more players than they have signed this window.

Accounts filed at Companies House showed the club, as at September 1 last year, was committing £102.4 million to players' wages over the course of their contracts.

That level of future liability, which included contract extensions, had risen £25.1 million from £77.3 million before the summer transfer window opened.

Five players were brought in last summer - Matt Phillips, Nacer Chadli, Brendan Galloway (on loan), Allan Nyom and Hal Robson-Kanu.

Chadli, Albion's £13 million record-signing, is understood to be one of the club's highest-paid players.

Jeremy Peace topped up his £175 million pot - for selling an 88 per cent stake share in West Bromwich Albion Holdings Limited to Guochuan Lai - with a decent pension package.

Peace, who formally completed the sale last September, scooped £1.95 million in remuneration for 'defined contribution pension schemes'.

That's £833,000 more than he received the year before.

Peace received a further £20,000 in respect of the 'company's contribution' to the pension scheme.

The club's full accounts up to June 30, showed Albion's pre-tax profits had dropped from £7.6 million in 2015 to £4.8million last year.

Operating profit, before player trading, dropped from £12.9 million in 2015 to £11.4 million last year, but turnover increased from £98.3 million to £96.3 million last year.

The club spent £28.2 million on players during the financial year - a leap from £19.6 million the previous year.

Since June 30, Baggies boss Tony Pulis had, the report said, spent a further £24.5 million.