Colin Bells Boots
Well-Known Member
- Joined
- 31 May 2016
- Messages
- 17,294
- Team supported
- Manchester City
Debt is permitted as a means of raising capital for investment in all sectors of the economy. It may run into difficulties if it were part of a series of regulations to guarantee sustainability, but "the cartel" would certainly vote against any restrictions on debt. That in turn may lead to action from clubs who would question why debt was allowed but owner investment was limited quite severely. So, difficulty passing the rules and legal wrangles if they did get passed. The problem is that nearly everyone sees the need for regulation but none can agree on those measures which are required.
Agreed but the cartel can't be the only ones allowed to control and influence, which is why this shit is happening currently.