I am for a system of financial accountability and fairness.
There are three major problems - it requires a non corrupt organization to oversee that. UEFA is no different than any footballing governing body in that they are extremely corrupted and everyone involved is covering for everyone else because they're all dirty.
Second issue - FFP is doomed to fail because there is no real way to know what to expect for infractions. Penalties seem to be completely arbitrarily set.
Last big issue for me is lack of transparency in these rulings. Who keeps these people honest in their rulings?
The way it's set up now is a joke and mainly serves to fill the pockets of UEFA officials in power.
The very core of FFP is wrong.
It's main purpose is to ensure that teams don't spend more than they earn. And immediately there is a problem with that.
Leaving teams like PSG and City aside with their fake sponsorships, the real problem is the big teams can spend whatever the fuck they want and maintain the sporting success, which translates to financial success, and vice versa.
Meanwhile small teams and teams like us with underwhelming success on the pitch and in turn declining revenue can't build the revenue without success on the pitch.
Sporting and financial success go hand in hand.
You need good players to have success on the pitch. Good players cost money. Money we don't have because our team is shit and revenue is low because people aren't interested in seeing us fight for Europa League places. So how are we supposed to build sporting success and boost our revenue if we can't spend big money on players now?
Meanwhile teams that were in a good spot 7 years ago when FFP was implemented, are still able to spend big money and maintain relative success on the pitch which ensures their revenue stays up as well.
They are not helping the small teams at all. They are just helping the big teams maintain their dominance.
It basically just cements the status quo.