There's a misconception among Wolves fans that FFP is holding us back - yet we need it now.
If there was no rules on what you could spend, what evidence do you have that Fosun would go mad and spend loads? I have none. There's actually some justification to think they're lying about FFP to not spend now (Johnny Phillips, £50m profit article).
No restrictions means Newcastle in an instance become the best team in the world. Man City, United & Chelsea wouldn't be far behind, so whilst we dreamt of a top four finish a few years ago, it would be a long way away then.
Of course, the other big teams would still spend, and you could throw so many above us. Forest would go for it more, Villa would be right up there, and there's teams in the Championship who have wealthy owners.
We've peaked, but the fact Brighton have just finished 6th in a season that saw their manager and staff poached shows it can be done. If spending was 'anything goes' I don't envisage Brighton do that again - they may not anyway.
I think we're on a downer now because our era is over.
The reality is football has been about money for 30 years now. Jack Walker at Blackburn wasn't a fairytale. Man United stayed at the top because they always spent.
I do feel there's a lot of recency bias with this idea, that it's somehow now disgraceful, and it has got worse, but it is nothing new.
We're in a position where we can't compete financially with the others.
Then, it's about being clever - like Brighton are now. They specialise the market and identify brilliant players for cheap prices. You could argue we had our advantage by using Mendes to get brilliant players we wouldn't have otherwise brought in. That advantaged no longer exists, and we're just another club.
To add, I don't think we can really moan about the state of football. We enjoyed the ride when we spent money and brought in players that we 'shouldn't' have got. We spent, spent, spent. We probably didn't have enough to show for it to be honest. But we can't moan now we're back on a level playing field. We need to demand that Wolves improve. It's clear we have to now go down the Brighton route, so let's hope we can do it.