Precisely why I am saying that FFP should address the problem of debt, not investment, with FFP.
It is NOT money put into clubs via equity purchase or inflated sponsorship deals that cause financial problems - it is debt that does that.
I imagine the FL are aware of that, but it's not workable to stop clubs giving security on loans etc. If clubs were prevented from running at a huge loss it would help. Foreign owners (including northern monkeys) that have no real interest in a club will just ditch it when it's not giving what they want, and if that club has been set up to run at a huge loss, there's more chance of it going bust. The bigger the premier league riches, the more owners will gamble on getting there, and clubs that don't make it (and they can't all make it) can be left in a mess.Indeed. FFP has the wrong target. It's the debt, that the club is liable for, which is the problem.