Whilst it will obviously irritate a few on here - me, and the vast majority of Leicester fans, will happily accept the 6 point deduction - we broke 'the rules' as they stand / are drafted and should therefore be punished (whether the punishment is equitable or not is outside the scope of this eloquently drafted missive)... and if we get relegated because of that points deduction, it's because we are not very good - not because of the deduction itself.
Accepting the punishment does not mean that I think the PSR / FFP rules are fit for purpose, fair, or well thought out.
Some spreadsheet jockey has arrived at some arbitrary financial measurements / parameters that do nothing to safeguard the existence / financial health of the vast majority of English (Welsh) football clubs - certainly not those in the top two divisions.
By not factoring in the wealth of owners and possibilities for parental guarantees / bonds etc when determining financial health and investment potential and by limiting any investment by reference to income statement (p&l) rather than balance sheet - the whole concept is fundamentally flawed and, whether by design or unfortunate consequence, limits true and unrestricted competitivenes, the leveling of the playing field, and the opportunities for the growth of most clubs outside of the established elite.
Think for a moment - what if PSR / FFP had existed at the very start of the Premier League era?... Jack Walker would not have been able to break the British transfer record for Alan Shearer - buy Sutton, Batty, Le Saux etc or attract Kenny Dalgleish to be manager... well not without that open chequebook ...
Chelsea and Citeh's billionaire owners would have been limited to spending at equivalent levels to which Villa and Newcastle are able to now ... and would almost certainly have had the same number of Prem titles - none.
Suffice to say - Leicester City's 'perfect storm' season aside ... we'd now be looking at only 3 teams having ever won the Premier League during its history, United, Arsenal and (the much later to the party) Liverpool. Spurs would have been able to spend similarly ... but it's Spurs ...
Now the biggest irony is that those 3 elite clubs are only able to spend at the levels they now can due to incredibly successful histories... histories built on a bedrock of unrestricted spending over decades that gave them a distinct advantage over most ...
PSR / FFP is seeking to keep it a 3 way match - if Citeh and Chelsea are sanctioned and put back in their places then the future of the Prem is pretty bleak - the established 3 (4) able to purchase from player block A - everybody else from block B and below ...
A future which is great for the 'plastic' armchair fans who choose their team(s) by reference to current success - but pretty depressing for those fans with a genuine historical or geographical heritage association for their particular club, knowing you are never going to be able to compete because some ****ing accountant has managed to limit your club's potential and ensure the big shiny cups and Champions League opportunities are heavily weighted towards the usual suspects ...
Fossacles of Heort Ford
Accepting the punishment does not mean that I think the PSR / FFP rules are fit for purpose, fair, or well thought out.
Some spreadsheet jockey has arrived at some arbitrary financial measurements / parameters that do nothing to safeguard the existence / financial health of the vast majority of English (Welsh) football clubs - certainly not those in the top two divisions.
By not factoring in the wealth of owners and possibilities for parental guarantees / bonds etc when determining financial health and investment potential and by limiting any investment by reference to income statement (p&l) rather than balance sheet - the whole concept is fundamentally flawed and, whether by design or unfortunate consequence, limits true and unrestricted competitivenes, the leveling of the playing field, and the opportunities for the growth of most clubs outside of the established elite.
Think for a moment - what if PSR / FFP had existed at the very start of the Premier League era?... Jack Walker would not have been able to break the British transfer record for Alan Shearer - buy Sutton, Batty, Le Saux etc or attract Kenny Dalgleish to be manager... well not without that open chequebook ...
Chelsea and Citeh's billionaire owners would have been limited to spending at equivalent levels to which Villa and Newcastle are able to now ... and would almost certainly have had the same number of Prem titles - none.
Suffice to say - Leicester City's 'perfect storm' season aside ... we'd now be looking at only 3 teams having ever won the Premier League during its history, United, Arsenal and (the much later to the party) Liverpool. Spurs would have been able to spend similarly ... but it's Spurs ...

Now the biggest irony is that those 3 elite clubs are only able to spend at the levels they now can due to incredibly successful histories... histories built on a bedrock of unrestricted spending over decades that gave them a distinct advantage over most ...
PSR / FFP is seeking to keep it a 3 way match - if Citeh and Chelsea are sanctioned and put back in their places then the future of the Prem is pretty bleak - the established 3 (4) able to purchase from player block A - everybody else from block B and below ...
A future which is great for the 'plastic' armchair fans who choose their team(s) by reference to current success - but pretty depressing for those fans with a genuine historical or geographical heritage association for their particular club, knowing you are never going to be able to compete because some ****ing accountant has managed to limit your club's potential and ensure the big shiny cups and Champions League opportunities are heavily weighted towards the usual suspects ...
Fossacles of Heort Ford
