I've got no interest in other sports such as Rugby League, Rugby Union, Cricket etc. and I know absolutely nothing about them and how they work, so this is a genuine, albeit obtuse, question on my part.
I'd just like to know if there are any spending limitations for teams in those sports, vaguely similar to FFP, or can their owners simply spend whatever they wish to try and create success ?? If there are any spending restrictions, are they legally enforceable and, if so, what punishments are handed out ??
Or, conversely, are they all perfect paragons of financial prudence and rectitude and never even consider living (even temporarily) beyond their means ??
When I ask this question, I'm only referring to matters in England.