Some people are really getting on their high horse about all of this money spending stuff with Chelsea and City here. Admittedly it's maybe not the most pleasureable way of getting success, but the fact of the matter now is that it's really the only way for sides who are generally mid-table to work their way up to being in title contention. It would be nice if sides could do it bringing through youngsters, but it just doesn't work now. As soon as those youngsters start playing well, a bigger club takes them. We're guilty of that with Jones for example. There's nothing wrong with it, but it does stop those smaller clubs from competing without insane money.
Is it a problem at all? To an extent. If anything though, it highlights that there's now no other way for teams to compete other than spending. Now, football is a game that, like everything, naturally progresses and changes, but I don't think the idea of it being a game which only revolves around money is good. Thing is though, it has gone that way, so clubs who exploit it are not cheating. We've spent plenty of money under Fergie as well. Nowhere near as much as City or Chelsea if you're going for averages or whatever, however what do you deem as an acceptable amount to spend? FFP is supposed to solve that, but the reality is that it's probably not going to change anything long term.
We have no right to complain though. If we were to get a billionaire owners ourselves and started spending insane amounts of money on signings, then most people would probably advocate it. It's double standards to do that but complain about Man City and Chelsea. Those who say they wouldn't condone it are probably lying, in all honesty. Some may be telling the truth, but still they're silly not to accept it while it's within the rules.