Probably not footballing wise although didnt he give Ravanelli a black eye leading up to the FA Cup final.
I do remember him scoring against Liverpool in my first game I went to at the Riverside which we won 2-1.
Sliding scale makes a lot more sense to me...say a maximum of 50-60% of a club's annual revenue.
Bigger clubs that draw larger crowds, ticket & merch sales etc. and better sponsorship, should be allowed to spend more.
Just not to the point where they risk putting the club out of business if they get relegated, or a financial crash, pandemic or other event outside their control impacts their income.
Must admit I'd completely forgotten about him.
Don't think he was the kind of player that really stuck in the memory. As you say, solid enough in the 2nd tier, but like a few of our lads at the time, struggled to cut it in the top flight.