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@ zumnupy10 "If a club has more money to spend, Why stop it from spending ?"

That's a good question. I am split over the answer.

I speak from an English Premier League perspective.

Man Utd is the richest club in England - probably the world - yet a couple years ago was almost $1bn in debt. I am not sure what the figures are now,

Man City, Chelsea etc according to Sky Sports operated for a long time - and probably still do on an expenditure that greatly exceeds the income.

Properly managed teams in the black but without the economic buying power of the big indebted teams cannot compete.

What uefa wants is for teams to be properly manage like any other business and operate within their respective incomes.
I see no problems with this.

At the same time if a team wants to run up massive debts and jeopardize their club that's their business and I see no problem with that either.

If pushed i would rather teams operate within their relative budgets and at a profit without inducing massive debts.

Not good for the smaller teams but either way isn't.