That's a pretty high wage budget. Are you playing european football? Have you bought a lot of players on installments?
You will need to put up a screenshot of your finances.
See when you buy someone on the 48mth plan. How much money do you need to have up front? Is it a years worth or a months worth?
Like when you agree to buy them it says you don't have enough funds or you need to adjust the budget before you confirm there transfer.
I think it is similar to a pay as you play sort of thing. Instead of a weekly wage the guy will get an appearance fee for every game he plays. Beware though because other teams can just come in and take your best players without giving you a transfer fee or compensation. They can offer them a...
Could you put up a pic of your expenditure page on finances. The first step would be to sell the highest earners. You are losing roughly 600,000 a month. How much is your club spending on wages btw?