A few points to think about on this latest FFP proposal.
1 Firstly, it shows up the luxury tax talk last week as the nonsense it was and points the leaky finger at just a couple of US-owned clubs, imo. I know who my likely suspect is.
2 No-one in the press ever points out that UEFA still has a break-even requirement in their FFP regulations. So any club playing in Europe won't just have a 70% restriction on squad cost, but will also have a break-even target.
3 The only good thing about the current break-even requirement in the PL is that it looks at profitability over a three year period. So a bad year (by missing CL for a year, for example) can be offset by two better years. These new rules are year by year (you miss the CL, you better make sure you can reduce squad cost the next year).
4 There is no talk of a defined sanction scheme. If there is one thing the PL should have learned in the last twelve months (but probably hasn't) it is that clubs should know what the punishments are at the start, not find out a year after breaching the rules. Even UEFA have learned that.
5 The whole thing is still retrospective and not proactive. The PL should be looking at next year's forecasts and regulating acquisitions/ disposals in advance rather than punishing when the harm is already done.
Anyway, enough. We can all rip it to bits when it is actually finalised.
:)