There already is an effective form of FFP in FM games, since you can't operate on loss. Not for long, at least.
 
They can make it an option at the start of your game, would be good
 
Q: New Fair Play rules are coming in from the 2013/14 season, but sanctions against clubs will be based on financial statements from the 2011/12 and 2012/13 seasons. Is this something FM 2012 deals with or something you’ll have to contend with in future iterations? Do you think it will radically alter the way people play the game?
MJ: I don’t think it will alter the way people play the game, as we’ve had those kind of rules in for some time. The financial model does not let clubs spend to the level they may have done for a couple of seasons in real life so that clubs don’t go bankrupt in the game.
We don’t have things in the game such as a local council giving a club a few hundred million to get them out of trouble as has happened in some countries in real life, which is why we don’t allow teams to massively overspend.

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I'm dreading the day when FFP gets incorporated into the game - no sugar daddy saves :(
 
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