Timbucktoo
Player Valuation: £20m
I think that FFP rules were brought in with the intention of clubs going bust down to the way Leeds were run. It was only when they got into trouble that the powers that be took any notice, while there have been plenty of teams that had got into financial trouble trying to compete in the PL before and ended up falling down the league. The problem with the FFP rules is that when a club is struggling on the field its revenue drops and leaves them short of cash, and when you start taking points off teams in that situation you end up increasing the clubs problems as it sends them further down the table and they end up in a relegation problem. Then you have the teams that were already making up a big 4, with the addition of Spurs and a cash rich City sticking two fingers up to the rules and if they aren`t finding ways around the rules they are just braking them on a massive scale.PSR/FFP is dead. It was only ever brought in as a way to “help” certain clubs stay at the top. It hasn’t worked as their has been as many clubs that it is designed to protect in trouble as the rest. It will quietly be binned. No main stream media, who want to stay on the PL gravy train can risk asking to many questions and probably don’t want to anyway.
It didn’t work.
We are now moving to a de facto European Super League so the main purpose of FFP is not required now. Man Utd will spend, without restriction, to get back to Europe and then the increased revenue from the CL tournament will do it’s the job of FFP. Make it a closed shop.
If I was Spuds I would be worried as they seemed to invite themselves to the SKY 6 party and I’m not sure anyone else will care if they get left behind.
PSR by definition must look to sanction a club that is making canteen workers and cleaners redundant but still lashing £100’sM on players. Not really a sustainable model as defined by the PL if I correctly remember the arguments they used against Everton. Risking the club etc etc.
The FFP instead of helping teams that get into financial trouble ending up going out of business, has seen those clubs battered by the powers that be on the way to going bust, and have also made a monster of the clubs at the top that can ignore the rules knowing that they can spend on top lawyers to find loop holes in the rules, or keep the FA or UEFA tied up in legal battles as they continue to ignore the rules.