excuse my ignorance, but it seems a bit unfair on the newly promoted clubs who will have to spend more on their squads to bring them up to scratch, also how does it square with parachute payments for relegated prem side (sorry cdnt find the thread for this)
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http://www.telegraph.co.uk/sport/football/competitions/championship/9226249/Championship-clubs-agree-to-introduce-financial-fair-play-model.html