I think we can all agree the current iteration of 'PSR' is nothing more than a poorly designed, protective sets of rules that stifle outside investment & protect the old establish order from 'new' money, much like it's predecessor FFP. I have no doubt that if this isn't completely reworked we will see the downfall of the Premier League as the leading world football competition within the next 5 years.
So with that said, I'd be interested to get others views on how they would implement a financial system, that is fair to all, protecting clubs health & being welcoming to outside investment. Now, I do get the argument that some no system at all in place would be at unfair disadvantage as clubs with benefactors who have endless cash could simply keep buying players, regardless of performance, with no real threat to the financial health of the club, until they get it right. Some clubs medium to short-term financial health is dependent on getting their signings right - literally shit or bust. On the other side of the spectrum is we can't have rules that simply maintain an established order from any sustained threat to their revenues (through CL qualification et al.) such as those in place, clearly dictated by the likes of Arsenal, Liverpool & United.
The rules imo need to include the following:
- The safeguarding of a clubs financial health.
- Competitive fairness regardless of club 'size or history'.
- No deterrence to outside investment.
- A system that is flexible & nonrestrictive.
- Governed by an independent regulator.
But how to design/implement it?
What say you?