This is the Blood Red Podcast from the Liverpool Echo, giving you the inside track on all the big talking points from Anfield.

We've been away for a few weeks, but we're back ahead of the new season to discuss the topics affecting Liverpool FC away from a few weeks but we're back ahead of the new season to discuss the topics

affecting Liverpool FC away from what happens on the pitch. This week we're focused on

financial fair play is it fit for purpose right now and how is it going to be

tested by some of the summer business?

We'll be discussing what it means to lill upon their rivals moving forward.

Joining us to provide his insight is Dr. Van Plumlee, a sport, finance lecturer at Sheffield

Hallam University and a man with a keen interest in FFP who's

authored many papers on the subject. Dan, welcome. Thanks for having me Dave.

I mean this is a subject which you're well versed in.

And I know we've spoken in the past about FFP

and it's many kind of variations

and how it has struggled to be implemented in football

to the degree that the kind of UEFA had in mind

at the start I think,

where are we at presently with FFPM?

Because there are many who say it simply hasn't been been fit for

purpose for some time. Yeah I think that that's part of the problem so you know a

lot of the research that I've done in this space would would suggest similar I I've termed it as what we would call unintended consequences of

an FFP and what I mean by that in simple terms is it has good intentions at its heart. It came about in 2011. We know it was about

financial sustainability and getting clubs to spend within their means. Everybody that's, you know,

as an interest in financial matters would agree that that's a good way for a business to run and we know that these clubs are the elite and our businesses.

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