UEFA president Michel Platini has criticised the "liberalism" in the Premier League's financial regulations following Portsmouth's money problems this season.
Pompey became the first club in the Premier League era to go into administration in February with debts of around £120million.
A nine-point deduction followed and their relegation to the Championship was confirmed two weeks ago.
However, one person who is not surprised at the turn of events is Platini, who has regularly questioned the high levels of debt carried by some of the Premier League's top clubs.
"I'm not in favour of the big liberalism of what has happened with the English clubs," Platini told The Times.
"I'm not an expert of finance, but it was easy to understand that clubs like Portsmouth would be in big danger of going bankrupt and going down. We have to protect them. Why was this club winning (the FA Cup in 2008) with losses of £50million?
"When I was younger, I remember seeing people with no money buy Ferraris – and then, because of the Ferrari, they would get the best girls! That's not correct, but it's what has happened in football.
"You don't have the money to buy the players, but you get the players and in the end you cheat and win the competition. That's not correct."