Marcotti on FFP

Regular readers will be familiar with Blawgconomics' frequent forays into the legal and business issues impacting the sporting world. There are few bigger, and more difficult to understand, business/legal stories in the sports world currently than the recently enacted Financial Fair Play (FFP) regulations in European soccer. I suppose I could take some time to go through the regulations and provide a summary for readers myself, but doing so seems so inefficient when Gabriele Marcotti has already made such a successful attempt at the job. For Marcotti's take on the who/what/when/where and why of FFP, visit his incredibly lucid, extremely insightful piece on ESPN here.