Because it doesn't come at a serious cost.I had slightly misunderstood what you were suggesting.
You previously were on about how onerous FFP is yet you seem to be saying something about having real time monitoring of spending. How would that not be onerous to a club and costly for the EFL to maintain?
You talk about scrapping FFP because the framework doesn't work then say the tax system should change and evolve when that doesn't work. This is exactly my point. We don't scrap the entire tax system because some people are not playing fair and have found ways around it. We update it, add in clauses to close loopholes. It's a constantly evolving system and forever will be because there will always be someone trying to find a way to avoid following the rules. So why should we not do the same practice with FFP? The fundamentals of what it's trying to achieve are correct. Owners have tried to find loopholes to avoid that, so we update and change the way FFP is applied to prevent that happening.
You're throwing the baby out with the bathwater.
The point I'm saying is what is it you actually propose as an alternative? There's lots of business speak and vague stuff about 'new systems', 'working with clubs', 'spending freely with the system' (which is what FFP does) in there, but I don't see any actual proposal as to what this alternative would be or look like. Why would it not suffer from the same problems of being avoided by clubs?
Around half of the Championship is reportedly in breach of the P&S rules. If half of the UK was avoiding tax then there's a fundamental flaw in the framework and it would have to change, no?
I've mentioned at least 3 ideas to drive change but fine. The real issue with FFP is that it doesn't incentivise clubs/owners to change their spending habits. So, I'd probably start there. They also need to stop implementing rules that incentivise overspending.
As for regulation replacements I'm not anywhere near qualified to put any forward en-masse and the issue is, is that revenue within the game has grown to such a level that whatever solution people come up with, will be filled with holes. I'd suggest although I dislike them and think it probably won't work, the only way to drive sustainability within football in the UK as a whole in the immediate term would be to introduce a soft salary cap. But those again could be exploited and will likely make it harder for smaller clubs such as Wycombe or Accrington to achieve promotions.