and that’s why net spend is so important in transfer talk, it shows how well a squad is financially managed.
There's been a lot of posts in here since I last logged on but I do want to go back to a couple of things you've said as I still don't really know what you're trying to say.
You said "You say FFP wouldn’t have stopped it but if there’d been sanctions applied from the off, it certainly wouldn’t have deteriorated notably further. Transfer bans or points deducted, they’re the punishments the clubs fear the most. But it wasn’t applicable back then so it is what it is"
Are you trying to say that if there was some form of FFP back then that had looked at the way that money was loaded on to the club then that would be fine as they would have been sanctioned? If you are then that makes sense, clubs shouldn't be on danger of folding due to the financial shenanigans of charlatan owners, there absolutely should be regulation to stop that from happening.
If you're saying that FFP regs as they were written when introduced would have stopped then from getting into financial difficulties then you're just plain wrong. All the clubs you mention as struggling in recent times would all have sailed through FFP easily, FFP as it was originally written does not stop clubs going bust. It just stops competion to already rich clubs. It really is that simple.
The rules have been changed now (at the request of AC and Inter Milan coincidentally) to allow structured and safe investment in some form I believe but it still very much restricts competion and is absolutely a protectionist set of rules. So in my opinion it is bad for the sport altogether.
I also really need to pull you up on this particular line from this post as, frankly, I thought you were better than that to be honest.
That line I've quoted above is utter guff. Net spend actually only shows a very small fraction of how well a squad is financially managed. What all the winners of the Net Spend Trophy (usually Liverpool or Spurs fans in recent years ) have in common is that have sold their best player at that time for a crazy sum.
Net Spend only takes into account spending on incoming and outgoing transfers, it doesn't show what effect selling or retaining players has on other areas of the balance sheet. As an easy example PSG have a poor net spend due to the huge amount of money spent on Neymar, what it doesn't take in to account though is the huge boost in profile and therefore sponsorship income to the team. That's just the financial side too, it also doesn't show how signing someone like Neymar makes it easier to sign better quality players due to the draw of being in the same side as someone with that profile.
City bought Kompany for a ridiculously small amount but can you imagine how much we'd have made if we sold him in his prime? We'd have been the Net Spend Trophy holders for decades if we had, especially if we'd also sold David Silva (21m to buy) and Aguero (32m, less than Andy Carroll to Liverpool the same season). We also probably wouldn't have won anything so would have lost out on all the prize money and trophies. We wouldn't have then got better sponsorship deals which brings in more money and better players and more trophies and so on.
The two biggest indicators of how successful teams are likely to be is having a terrible net spend figure (I.E. not selling your best players) and a high wage bill. If I remember right from the most recent figures United and Liverpool have the highest wage bills in the UK, obviously United are demonstrating that a huge wage bill and terrible net spend doesn't guarantee success, but it will be interesting to see if going forward Liverpool chase actual sustained success or just go back to competing for the Net Spend trophy we hear so much about.
In the post covid world there won't be any more crazy sky high transfers like Bale, Coutinho or Neymar so would Liverpool fans be satisfied to see Van Dyke or Mane sold off to enable you to buy in three or four more players and go back to scraping around 4th, 5th or 6th in the league? Or would you happily concede the Net Spend trophy if it meant you can keep your best players and build on the success you've been given? It's a no brainer in my opinion.
Liverpool has pretty much the same income as all the other top teams in the world so there's absolutely no reason you need to sell to buy. It has to be remembered that the entire concept of 'Net Spend' has been created and pushed by chairmen who are more interested in shareholders dividends than on field success, it's a weird phrase that distracts fans from the greed and absolute lack of ambition shown by their clubs owners and management.
In my opinion of course.