johnny crossan wrote:2. To maintain competitive balance. The latter had been challenged by huge spendings made by nouveau riche clubs like Abu-Dhabi-backed ManCity and Qatar-backed PSG.
This says it all to me. There is nothing in FFP that helps maintain competition. It helps to maintain the current order. Imagine if Celta Vigo have the next Messi come through their academy. Can they persuade him to stay by paying him massive wages? Not if they want to abide by FFP.
I would ask him what makes huge spending by PSG & City different to huge spending from Chelsea (Putin backed oligarch), the scum (heavily debt leveraged takeover), Real Madrid (Spanish government), the dippers (American sports investment conglomerate), Bayern Munich (Adidas, Audi, and Allianz), Juventus (Fiat), or any of the other big clubs? Is past success a fair metric to determine home much clubs can spend going forward? Does that not limit competitiveness to the current handful of successful clubs? Overall, what makes some people's money more valid than others?