I don’t think FFP will be too much of a barrier to them to be honest. The main thing they have to get right is they need a big name manager right away. We made the mistake of giving Hughes a chance for a season and a half with the money and although he brought in some good players, most of those were signed just before the money (Kompany, Zabaleta etc). You can’t afford to waste money on your Santa Cruz’s in the FFP age.
If they fuck around with Bruce then they’ll end up with the likes of Chris Smalling and Michael Keane coming in on big contracts and slowing the project down. They need to make a statement and get Conte, with a few hundred million invested over a few seasons they’ll be challenging at the top.