This is what we've been saying from day one about FFP, PSR or whatever they want to call their financial rules.
If you are charitable enough to assume good faith, it is completely flawed in it's economic assumptions. If it is allowed to remain in it's current form, it will kill our national game up and down the pyramid. Eventually even the redshirt clubs have got to realise this?
The last few transfer windows all levels of clubs have been negatively affected by these rules. It started earlier with the smaller clubs, and they will always be hit the hardest, because they can never be allowed to make the investments that drive growth, sustainability, and profitability. The market is starting to stagnate, clubs just let their squad tick over because they are hemmed in, they've physically got the finances to make sensible moves but they're held back from doing it. Every single club up and down the country is weaker because of FFP. It has the opposite effect of it's supposed intent. It forces clubs to mismanage their squads AND their finances, in order to fit into these arbitrary regulations.
It's basically the footballing world's version of austerity, it has the same effect on the footballing economy as austerity does on the national economy, and it comes from the same flawed line of thinking (again charitable to both philosophies to assume they are in good faith without ulterior motives).
Well done to Notts Forest for speaking in the way that they have in their club statement, both stern and precise in their reasoning and condemnation of the EPL. I would advise clubs like Forest especially, like Everton especially, and others who have had their businesses affected, to fight the league on the legal stage, not merely in the wishy-washy sports courts but in the actual court system of this country, pursue the anti-competition angle and get as much compensation out of them as you can, because there are numorous legitimate cases to be made that it is unlawful.