Also a different article on the same story with some more quotes: http://www.independent.co.uk/sport/...premier-league-spending-controls-8526036.html
Suspect that he feels it will be harder for a club to challenge for the league as constraints will have a greater effect on the smaller clubs than on big earners like Man United, Arsenal etc. Apart from Man City, the clubs who voted against it are not the big clubs. Man City's objection is probably different and based on the fact that they may find it harder to keep within the rules. Nicola probably feels that he wants a free hand as he is not an idiot, whereas these plans have been devised to protect clubs from reckless owners.
The rules are there to make sure clubs don't fall back into financial trouble and to try and ensure a fairer playing field. I don't see anything wrong with that.
I must admit, it did surprise me a bit. But then again, Cortese would point out that it should be up to the clubs to manage or mismanage their own affairs. Every club that does mismanage plays into his hands. There will come a day when pundits and commentators will again use that throwaway line that Saints are a well run club, only when they do they will be being accurate for once.
It will be a fairer playing field for clubs in lower half and stop teams like Pompey and QPR among others from buying safety or a cup. However, in the long run may make it harder for decent clubs to make that step up by prevention of a calculated risk. Even in our own private lives we take calculated risks to buy houses and set up businesses. I suspect that a club like ours with real ambition will be the most adversely affected.
I agree with Cortese. Sadly financial fair play will only serve to keep the big clubs big and the small clubs small as no one will be able to get to the levels of champions league without serious investment.
Yes, because that's clearly working so well. Maybe it's about time clubs start acting in the real world and not risk their futures chasing the 'dream'. It's about time the status quo with regards to football finance, whereby teams pay out more and more each season and build up ridiculous levels of debt and make ridiculous losses and every season there's a footballing arms race between Man U, City and Chelsea, should be changed. Bruce Hornsby might say "that's just the way it is", but I say **** that.
Football finance is a ****ing disaster, frankly, and the Premier League has become a monster. Something needs to be done to address the spending binges putting clubs futures at risk, although I'm not sure what exactly the answer is. What shouldn't be an option is continuing with the status quo.
I think the new rules don't favour a well run club with a sensible chairman who is ambitious (i.e. Saints)...so when Cortese questions it he is thinking of us rather than the bigger picture.
Yes but it also doesn't help teams that want to build and challenge them teams. I'm not saying going crazy like City and Chelsea have. But it will make the Prem boring with the teams with the bigger fan base etc making a even bigger gulf.