Mods, if this has been discussed elsewhere please delete at will.
Financial Fair Play Rules for the Premier League have been approved today, imposing maximum salaries of 52 million annually and max losses over 3 years of 105 million. Annual wages may be increased (1) by 4 million annually for three years, (2) by increased income created by the club (assumably compared to income as of today?), and (3) by profits from players sales. Villa again voted against, with 4 others (Baggies and ManCity among them) joining us.
I genuinely want to understand why we vote against. Granted, these rules may favor ManU, Pool and Arsenal as they have substantial turnover and income (but the 52 million wage cap will apply to them as well). However, I would have thought that this should be beneficial to us, at least over time, as we should be able to increase our income and because these rules should avoid another Man City / Chelsea popping out of nowhere. We would not have been able to spend top dosh anyway so this is also a reason why these rules should be beneficial over time as they should create a more level playing ground. Not with respect to the ManU's of this world but more with respect to the artificial money-drugged clubs.
I just do not understand why we, of all, vote against.