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Whittling down the debts is the idea - getting clubs to live within their means. If that means forcing clubs to not spend any money on new players, whilst they cannot afford the ones they have, then that is a good thing, isn't it? It is not fair, yes, if they already have a great squad but they...

providing that they are still under contract

Yes, but the embargo also prevents players signing contract extensions, so at some point that great squad will start leaving for free.

Until such time as they submit accounts that comply with FFP.

Fines only apply to promoted clubs. Those not promoted get a transfer embargo.

A 30m loss will result in a fine of a lot more than that - I did work it out once, something like 18m. Edit. Just found my spreadsheet! 18.68m based on an allowable loss of 8m.

That's a very good point.

Define minimal. I would say that they are quite substantial (if imposed correctly of course). Good idea about the points though, but make it 30.

They were originally, but as the clubs being fined were now in the Premier League, the Premier League complained and the money is now going to charity. Or something like that anyway.

And some expensive players being released for free.

Yes, again! Some interesting points though: - Football League are looking at live testing of club's FFP position, with a view to not allowing transfers if you are looking like failing the FFP tests. This is just a proposal at moment. - Fines are going to go to charity. - 21 of the 24 current...