correct, it is, i meant the prize money for finishing position. my bad. i also can't remember reading anything beyond a maximum loss of 105 mil over 3 seasons, but that's only if you put the money aside to fund it for 3 more years. if the rule had been in place in 2008-2011, only 4 clubs would've failed. chelsea, liverpool, aston villa and ourselves. that's hardly a widespread problem in need of drastic change.
it still means an increase in such money that the bottom club next season, as in relegated, will receive more money than this season's champions will. that in itself will cover the losses of practically every club. and just imagine how much the champions in that season will receive. im pretty sure i read that the money the champions receive in prize money + television revenue would be enough to turn our loss into a profit. that's a fair bit.
based on that, you can only assume that the gap will just continue to widen and widen between the top few and the rest. over time the top 4 or 5 will continue to receive enough money to cover their losses easily. throw in champions league revenue that will only increase, plus sponsors that will only increase, plus tv money that will only increase, plus prize money that will only increase, and so on and so forth for each deal. it's just and endless cycle of money, and without the possibility of a a lower club being bankrolled to competitiveness, it can easily create an even more heavily monopolised competition. the standard of the bottom and middle end clubs will improve, but the top end club will improve out of sight.
it's just an unfair system designed to keep the big boys safe from any possibly upstarts. all impressive youth will be plucked even moreso than they are. why doesnt any of this additional money go to the grassroots stuff? football has always had wealthy backers, clubs have been bankrolled throughout the ages, why is NOW suddenly the time to go 'uh we dont want this anymore'?
Essentially, Premier League owners have been given a sizeable financial boost. They have colluded and decided that they would quite like to avoid passing on this bounty to players, those that create the entertainment deemed so valuable. Therefore, a wage ceiling is introduced to avoid such an inconvenience, allowing money to be retained. If a squad does need investment, ticket and merchandising prices can always be increased in order to squeeze more from a loyal customer base.
sums up the prem ffp rules perfectly imo.
and yes, i know it's odd that i'm laying into the rules that will in future protect my club, but to put in place a system that denies others a real chance of success is just proper unfair. if all teams received the same amount of money, could only spend so much on transfers and wages, and could only get so much from sponsors, i'd be more inclined to support it. but there's nothing on that. only how much money you're allowed to lose, which can be covered up with a couple of sponsors and television money for the big guys. that's not fair at all.