Premier League clubs vote to bring in new spending rules

However, it comes too late to save EFC from this self-imposed injustice, with the threat that the existing P&S Rules may yet still ensnare us for a third successive time next season, when this season's accounts are scrutinized next winter.

And the anchoring multiple of 4.5 or higher means it will have little to no effect on constraining the spending of the big clubs. To illustrate this, if the proposed rules already applied, only Chelsea out of all the Premier League clubs would be in breach.

And the 'punishment' (if it is such) would simply be that the registration of new players that would take club's current spending over the limit would be denied.

It would go some way to fix the PSR system, which many clubs seem to have now realized is quite horrible – despite it having operated with significant impact in the EFL for years.

And all far too late to be of any benefit to us.

A number of seasons ago, Liverpool finished lower down the table but were shown on TV more than those that finished higher. So how is that fair?

Thankfully for now the distribution of revenue from the domestic and overseas broadcast deals remains equitable. If that even split ever goes away — The big six are already lobbying to change it — competition will probably be over in the PL in terms of other clubs being able to break into the Champions League spots. Because, as you say, it affects income and revenue.

The rest of the clubs are living hand to mouth trying to compete with them.

The players are paid far too much, most clubs in all divisions after they have paid their squads and other outgoings have little or no profit left.

Sure the 'big' clubs don't have a problem attracting big money and there are it seems chancers willing to take a punt on smaller clubs with various outcomes.

Our club has been badly managed from the top down in all departments there is no doubt about that.

I not talking about our football managers thats another topic.

I do believe money will be found one way or another to keep us afloat, surely theres a way to keep this old lady in the division!

When Man City are on trial, Man Utd owe a Third World country's debt (but that's okay), and Villa look like they have breached PSR, Chelsea await a corrupt Premier League review result... the 3 dissenters' reasoning being absurd and hypocritical.

No 'fair play' system is possible when the thing isn't equal from the start. Basing anything on income percentage is a ludicrous idea in a financial world that is fixed. Plus the corruption and wrong doings before FFP, including being given stadiums, means some teams are massively advantaged.

The one way to have FFP of sorts is to band wages with player numbers. So only a certain number of employees can earn between set amounts. That way, all clubs are equal. It is up to them to decide whether to take advantage of higher wage bands or not.

Say No to PSR and FFP!!!

If it's a system to protect clubs from dodgy owners who risk the future of football clubs that have a special place in their communities, then I can get on board with it.

But as with most things in football, the motivation and the implementation separate pretty quickly once you realise how it will affect the bigger clubs.

They are not happy with just kicking this into touch, apparently. We shall see...