My bad, you're right. They're guilty of nothing but what they have done is thrown e(x)cessive (my fingers and keyboard worked in harmony there) money at players to lift their general position in the league. Nowt wrong with that until you look at the fallout on players wages across the leagues from it.
Although it could be argued that TV money plays a bigger part in that.
I bet Leeds and Blackburn fans would also argue that it's completely destroyed their clubs. Got too close to the sun.
I supose we're in agreement that there's some mileage in FFP but the details are a muddle and perhaps there's too many loop holes.
I also don't like the fact that it's always the supporter that seems out of pocket.