If FIFA want a sensible, level playing field, then introduce a squad salary cap.
They have one in the NBA and I'm sure that there'd still be some fiddling going on, but the suggested system is just crap and favours a few big clubs at everyone else's expense.
It's not fit for purpose.
Couple of things here. Firstly FIFA (or UEFA) are, as I understand it, are not introducing FFP to level the playing field. They're doing it to stop clubs going out of business. And it's not just the smaller clubs over-spending trying to keep up that are at risk. Chelsea are one man's whim away from being a totally unsustainable business which would face administration.
Secondly I see a couple of problems with a salary cap. Say the highest wage bill right now is 150m and the lowest is 20m and a club like spurs are at 80m. For it to have any effect it will have to be low enough to affect most clubs. Which would mean something crazy like 30-40m. This would mean mass exodus of top players from the EPL but also mean that the very top clubs now have another 110-120m a year to spend on transfer fees. Meanwhile Swansea (say) have seen no difference since they only had a wage bill of 25m to start with. And obviously if you set the salary cap higher, say as high as 80m, then there'll only be a handful of clubs affected by it.
Trouble is that, unlike sports teams in the US, there is such diversity of club size not just in the professional game but even in the EPL alone! In the US you only have big teams from big cities. People from an entire STATE (size could be bigger than the whole of the UK) will have one team to support.
Plus, of course, the US teams in most sports have the drafting system from the colleges - something that IS specifically designed to level the playing field.
I dunno - I haven't thought about it loads - maybe a salary cap might help but these are my initial reservations. My first thought is "Well instead of having the same salary cap for Wigan as you do for Man Utd why not just make it proportional to the size of the club's revenue?". And then realise that what I'm suggesting are the actual FFP rules!
And the trouble with them (as I see it) is not what they aim to do but the fact that rich clubs will cheat the system. When companies like Vodaphone etc can get away with ripping off the tax system (an act which carries potential prison sentences) then getting a team of accountants to cheat the rules of a game's governing body (with potential punishments being, er, not being able to play your game) should be a doddle. Let's not forget - Abramovich got where he is by getting people killed. A team of accountants from UEFA will not be a daunting prospect.
Nice idea though FFP is, rich men have ways of getting what they want always.