Has FPP already in what it was supposed to do

[johnnytodd]

Apologies for serious post and the missing word ' failed' in title but this was interesting reading. Here is a snippet and link to full atricle it was taken from. Merry xmas.

Financial Fair Play (FFP), a European scheme to prevent rich owners from buying championships by pouring unlimited wealth into loss-making clubs. In theory, FFP should improve competitive balance by shrinking the budgets of teams owned by billionaires. In practice, it has simply frozen the pre-existing hierarchy in place. Clubs that have already built up large non-television revenue streams—primarily Arsenal, Liverpool, Chelsea and the two Manchester teams—remain free to invest the cash they receive from merchandise and ticket sales in player acquisitions, while their weaker rivals no longer can hope to enter the top tier by finding a profligate patron. Just four of the EPL’s 20 clubs—Liverpool, Chelsea, Manchester United and Manchester City—accounted for roughly half of this year’s summer transfer spending.

http://www.economist.com/blogs/gametheory/2015/12/competitive-balance-football

 

[Camborne Gills]

Leicester, Palace, Watford would suggest that FFP is working to an extent.

 

[johnnytodd]

Leicester, Palace, Watford would suggest that FFP is working to an extent.

yes i agree in a way, i was referring to revenue streams however

 

[Camborne Gills]

I take your point, the big clubs will always have that advantage, but it might level the playing field a bit.

 

[johnnytodd]

I take your point, the big clubs will always have that advantage, but it might level the playing field a bit.

i hope it does tbh but does it not stop any major takeovers and investments ' buying the league' for example from happening again?

 

[JaseTheVillain]

Good lord, for once I'm going to agree with you, johnny. Complete fallacy imo, does nothing to stop the big buying big and stops the smaller buying bigger. Think it's a load of shite personally.