I didnt actually say that im just saying, hypothetically why would Everton pay 15M for an English defender when they have the opportunity to buy one for probably a third that price. English players are in the league but they are usually brought through the youth system. The only benefit I see with English players is during derby's. I think they understand the rivalry more.
That would be the question to ask, with regards to when the cap would be placed. Wherever you put it it will obviously cause come problems but in the long run I think it would help to restore some order to the Premiership. Since Man City were taken over they went crazy with bids & stole Robinho and also tried to steal Berbatov.
I wouldn't exactly say that the Premiership is now full of panzies but yeah football has evolved, you cant get away with pulling someones shirt no more, you cant put your hands on someone while jumping up to head the ball and neither can you challenge the GK fairly. There are certain players who do take advantage ...Ronaldo..ahem... but then its nice to see Ireland or Fabregas flatten him fairly! The referee's dont help though. They are too lenient with the players.
I think in the end we all agree that something really needs to be done, but will it? Id like to think eventually yes...