FFP is a good idea in theory, but as we can see, in practice it’s a nightmare.
It’s kept the big clubs big and the smaller club small.
With big teams winning, they attract bigger sponsorships and bigger revenue. From a FFP standpoint, this gives them far much more head room to spend and get the best players. However, smaller clubs can’t win like the big clubs, they don’t get anything near the same sponsorship or revenue. So, they can’t spend big and get the best players, so they can’t win anything to attract bigger sponsorships.
to make things worse, some of the big clubs clearly cook the books to by pass FFP. And yet worse again, they use money to get away with it, if any legal action happens.
however, it’s not impossible for small clubs to break through. But only on hard work and merit, and some luck. Leicester, Atalanta, Sassuolo, Lillie, to name a few. That hard work takes time, and the big clubs are hovering ready to pick off the those clubs best players. which they always do.
Football is a food chain and FFP maintains it as a status quo.
the only thing that has gave this status quo a wobble is Covid.. but that’s just a wobble.
The solutions are to either scrap it, introduce transfer/salary caps, limit European teams from domestic cups or let them F-off to create a “Super League” which they all have their problems