Read an interesting article on SCMP over Christmas that argued it was better for Championship sides to breach the rules than observe them. Sides like Bournemouth for example paid massive wages in order to secure the right signings and loan players in order to get promoted.
The PL and FL governing bodies don't co-operate hence Bournemouth aren't being fined or having a transfer embargo enforced. With the money on offer to those in the PL, which grows further still next season, Bournemouth took a gamble by flouting the rules and it paid off.
Of course it's a risk because if you pay out on big wages it doesn't guarantee promotion, and if a team flouting the rules missed out on promotion they'd end up with a transfer embargo the following season in the Championship. Teams like Forest have been caught with this.
It also wouldn't necessarily help teams like us, as the financial benefit of being in the Championship as opposed to League One, though still significant, isn't as big a gap as between PL and Championship - so it carries the same risk without the same reward.
The article also suggested that the FL is clamping down on SCMP avoidance schemes like sponsorship deals with shareholders' companies that are over priced (e.g. Chansari's name on the trotters' shirts). The PL isn't as worried about this kind on thing, so again there's no co-ordination across the leagues.
Our problem is that we spent (relatively) big on wages in previous seasons and many of those players turned out to be ineffective but are still contracted and hence their wages still contribute to our SCMP limit. Come the summer many of these contracts expire and so, in theory, we should have more flexibility next year - which (IF) we go up via the play offs, will be essential as we will definitely need to improve the squad to compete at the next level.