Mosely On Friday Meeting

After the Friday meeting Max Mosely had this to say:

“We had an interesting meeting and exchange of views but nothing concrete has come out of it. I think there will be further developments. The teams have gone off to see if they can come up with something better than the cost cap and we will be happy to listen to what they have to say. But what we have said to them is that it's really not possible; if you are going to dramatically reduce the costs, to do anything better than a cost cut. We think that when they think about it when they consider it properly they will come back and agree."

From what I can tell this simply means they both listened to each other and then agreed to disagree… Where they go from here, who knows? It doesn’t sound too good. But I would imagine if the teams come up with a workable version of his idea which they are happy with Mosely will jump at the chance to take it on as he simply cannot afford to loose the big teams.