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Across what board? by NDMike2001
The same cap for each league? Championship is the same as EPL? La Liga is the same as French League 1?
It's really not worth arguing with you. You seem to think it's an anti-city system, and yet nothing stops outside money. It just has to be done with wise business investment. That's hardly a controversial rule.
Your oversimplified alternative seem to address your concerns, but little else. We'll agree to disagree. If you've got that in you.