The reason we stopped spending in 2022 was entirely about the UEFA FFP regulations rather than PL ones.
I'm sure I read that we were going to be penalised if we qualified for Europe again due to our losses. Maybe the club still bases decisions on this.
As our recently published accounts made Everton and Forest seem positively frugal, I really don't understand what on earth we base our budget on any more.
Despite including the sales of Fofana and Maddison in our next accounts, coming soon by the way, we'll still lose another fortune.
Until we stop carrying a massive squad packed with overpaid players, we'll remain skint and liable for punishment from the FL, PL or UEFA..