It’s been no secret that the government of the People’s Republic of China have targeted companies in an attempt to scale back their investment activities abroad. News has broken in the last day that this has now been somewhat clarified, with investment in sports clubs including football in the “restricted” category.
Financial Fair Play was put into place to try to even the playing field. It was a measure to stop clubs from overspending in a bid to reach the top flight and gain an unfair advantage against those who were frugal. It’s fair to say it’s not working.