
Originally Posted by
McNamara That Ghost...
I think your barrister friend is getting a little bit confused - it doesn't restrict how much clubs can spend on transfers (especially if their income is already significant). They can spend as much as they want, like now, it's just that doing so within the coming years could result in bans or sanctions on UEFA's competitions; it's not going to stop them from competing however they want so far as the Premier League goes.
In any case, most clubs are agreeing to it (now that could be because they know it won't mean anything) but it's not going to be the case that it's never implemented.