Still don't like this idea.

[The Lone Gunman]

I have re-read that paragraph a dozen times and I still don't know what it means. Confusing is right.

"Exclude any profit.... for financial regulations...."

Like you and others I can guess what it means, and I don't like it, but as written it does not make sense.

I agree, which is why I asked a question as opposed to make a statement regarding it. The paragraph makes no real sense. And if it really does mean what it seems to suggest, then this whole idea makes absolutely zero sense for the four EFL clubs.