http://bbc.in/YJzWan Elsewhere on the BBC Site: "13 of the 20 top-flight clubs are understood to have voted in favour of the proposals, with Fulham, West Bromwich Albion, Manchester City, Aston Villa, Swansea City and Southampton voting against, while Reading abstained." Seems a bit curious.
"Only Manchester City, Chelsea and Liverpool have reported losses of more than £105m over the last three years" Perhaps they felt it did not go far enough - it will make hardly any difference
Swansea wanted harsher restrictions but they did get one of their demands through, stadium expansions and academy construction to not feature in the cap. They proposed this alongside Man City, Reading, Southampton and QPR. It was met with 20/20 agreement, but yeah, the refusal vote on the entire plan was because they didn't think it went far enough and wanted the agreement to match what UEFA have put forward for it's own, much stricter FFP.
I thought that might be it. Couldn't see us voting against it because we envisaged breaking the rule!
I have to agree with our stance. The FFP in the football league is quite stringent. The UEFA is more stringent and has penalties like banning from euro comps. This new Prem ruling has created a bizzare situation where some middle tier Prem teams will not possibly want to get to Europe, so as to avoid the stricter regulations and fines. I basically see this as the Prem sticking 2 fingers up to UEFA and the Football League. They are basically saying the Premier is the big daddy. However, at least the Prem has made a stance though, unlike other countries top tiers.