New Overall Rating figured out!
After playing around with the numbers & the SBC screen for a while I think I have figured out how rating is now calculated. I will go through with three examples.
Step 1
Sum up the ratings of the 11 players.
eg1 84x8, 83x3 = 921
eg2 84x9, 83x2 = 922
eg3 87x1, 84x5, 82x5 = 917
Step 2
Divide by 11 to get the average per player (do not round at this stage!)
eg1 83.7272
eg2 83.8181
eg3 83.3636
Step 3
For every player above the average calculate by how much they are above the average (again do not round!) & sum this up, call this the "total excess"
eg1 (84-83.7272)*8=2.1818
eg2 (84-83.8181)*9=1.6363
eg3 (87-83.3636)+(84-83.3636)*5=6.8181
Step 4
Add the "total excess" to the team total
eg1 921+2.1818=923.1818
eg2 922+1.6363=923.6363
eg3 917+6.8181=923.8181
Step 5
Round to the nearest digit & divide by 11
eg1 923.1818 -> 923, 923/11=83.91
eg2 923.6363 -> 924, 924/11=84.00
eg3 923.8181 -> 924, 924,11=84.00
step 6
Round down to get the final squad rating
eg1 83.91 -> 83
eg2 84.00 -> 84
eg3 84.00 -> 84
I've checked it against https://www.reddit.com/r/FIFA/comments/5op6v7/spreadsheet_for_84_rated_squad_combinations/ & it works, except for 2x85, 3x84, 5x85, 1x82. My formula said it should be 2x85, 3x84, 6x83. I tested it ingame & found my formula is indeed correct & the combo on the spreadsheet must be a typo.
Hopefully this helps the community out, if anyone spots anything that doesn't fit with what they see in game let me know below!