I just read that MOST EXCELLENT "FFP Stinks" blog linked above (thanks for that).
i didn't know it already (actually I did) what it reminded me of, is just how corrupt this whole thing is. It is transparent to anyone with a quarter, let alone a half, of a brain that there can be no justification whatsoever in barring owner equity investment in the name of protecting clubs from going bust. It is equally blindingly obvious that it is about protecting the interests of the cartel, to the detriment of newcomers. I guess the only really surprising thing is that clever lawyers at UEFA didn't manage to hide the real intentions a bit better than they have.
So given it is so intolerably bent, why on earth have we waited 5 years to let it get to this? I know the Bosman lawyer is doing his bit, but even that is quite recent.
I believe it was Edmund Burke who said, "All that is necessary for the triumph of evil is that good men do nothing". And with FFP, lots of good men have done nothing. Would it not have made sense, back in 2009 when these rules were being drafted, to make it clear to UEFA that since the rules were obviously corrupt, that we would never accept them and if they went ahead and introduced them, we would seek to have them overturned in the ECJ. I don't know, but perhaps had we taken a firm line early on, all of this could have been avoided?