I need to check, but when we reached our settlement with UEFA in 2014, I seem to recall that we agreed not to include inter-company transactions after selling IP to City Football Marketing and City Football Services.
While that was UEFA rather than the PL, you have to question the wisdom of allowing one pet of the group to subsidise another in this way. Isn't this just equity investment disguised as revenue after all?
It's pretty remarkable that this is a loop hole? You'd thought that be one of the first on the list of PSR!
So in theory cheslea could sell the ground to another company who has Boehly partly own?!