It appears that every year, more and more money is spent on transfer fees. Whilst Sky do provide a lot of money to various clubs, and this goes up depending on the length of any contracts - what I do not understand is how for example, Man City can spend almost £200 million pounds on new players - and the financial fair play restrictions haven't kicked in already. OK, they are backed by multi millionaires but they have spend a hell of a lot more money than they have coming in. Plus even with sell out crowds for every home game the balance sheet is still more likely to be in the red rather than black We, QPR have had our fingers burnt in the past and are paying for it now. I even remember the bad old days of collection buckets going round collecting money to keep the club alive. I am wondering when the powers that be look at the money being spent before a major club goes out of business for good
The appetite, that is greed, cares nothing of the consequences of its actions only its personal, and blind, gratification to have what it desires with no care for anything around them; or the impact of anyone nearby. Welcome to the world of 'professional' football!!!
The top clubs are finding ways around FFP and it's in no one (that matters) interest to stop that. If by some miracle all the current loopholes were closed, the will and resources of these clubs to find more would far outweigh the will to stop them.
There is no FFP in the Premier League, when UEFA dropped it a few years back the restrictions that were put on PSG and Man City in particular, such as reducing squad numbers in the Champions League and heavy fines were abolished, so they can now spend what they like. That was supposed to be our main defence against the EFL, how could we be 'charged' when we were in a different league? Leicester and Bournemouth both exceeded their 'cap' in their promotion seasons but the difference was they had not been relegated the season before so they still face punishment whenever they are relegated again. FFP is simply a scheme to stop rich benefactors aiding small clubs to reaching the Premier League, ill thought-out and poorly executed. It has since been seriously modified to the point we are the only club still facing the original sanction and that is why there doesn't appear to be a final bill, the FA know it probably isn't enforceable and TF doesn't appear to want to push it so it's a bit of a stand-off. All the time that passes without a definitive answer QPR will continue to limp on and 'wither on the vine'...
It's not often that I would quote Harry Redknapp but I remember he was being interviewed prior to a visit to Loftus Road by Manchester United and he said that the United team had cost over £200 million in transfer fees compared to QPR's £20 million and wasn't it ironic that it was us facing punishment under the FFP regulations. As Sooper says, FFP is merely a disingenuous mechanism to maintain the status quo at the top of English football. Chelsea and Man City have bought their way into the European elite and they don't want anyone else to copy their business model.
Wrong targets I'm afraid. It is the so-called sleeping giants such as Forest, Derby, the Sheffield Clubs and in particular 'massive' Leeds who have successfully lobbied the rest of the League to create an environment hugely weighted in favour of clubs with bigger than average fan bases. The irony is of course that they still keep being upstaged by clubs with a more modern approach to the back office side of the game such as Swansea, Reading, Bournemouth and Hull. It is TF's biggest failing that he has been unable to find a way around this situation as others have.
