Craig, do you also take issue with Ipswich doing the same or is it ok because they are not challenging for promotion? The last I heard Ipswich had something like 8 loan players in their matchday squad, made up of domestic loans and foreign ones.
Watford and Ipswich are doing precisely what they are allowed to do by the rules. If anyone is to blame it is the people who drafted the rules. What do you expect Watford and other clubs to do, not utilise the foreign loan system because you dont like it, and other clubs dont utilise it?
Your burglary analysis is wide of the mark. That is illegal whether or not the front door was left open or not.
Yes I would criticise Ipswich but not to the same extent. Unfortunately when one club gains an unfair advantage by cheating it puts pressure on others to follow suit or be left behind. Also Watford have tailored their whole transfer strategy to exploit something we all agree shouldn't be allowed. This issue like many things is the difference between something being technically legal or being just. Personally I put justice before law and so IMO what Watford are doing is cheating.
You say "Watford and Ipswich are doing precisely what they are allowed to do by the rules. If anyone is to blame it is the people who drafted the rules". The people who draft the rules are ultimately to blame, but it's interesting that this debate seems to divide those who believe in the ethics of good sportsmanship being the priority from those who say; "If it's not against the rules its ok." Again I'll pose the same question as #46; What if there was a loophole that neglected banning sharp spikes protuding from shin-guards? Would it be acceptable because it was legal? Where do you draw the line and where does sportsmanship come into it?