City launch legal action against the Premier League | Club & PL reach settlement | Proceedings dropped (p1147)

So City get what £60m a year for Shirt, Stadium and Training ground sponsorship from Etihad. Seems very reasonable and no-one can say it's not worth it given City's and therefore Etihad's rise to prominence.

Liverpool are sponsored by Standard Chartered to the tune of £??m - found guilty of terrorist money laundering by the USA

United are sponsored £??m by TeamViewer - what exactly do they do? Fair value?

Arsenal sponsored £10m a year by Visit Rwanda for a sleeve badge!


Forget all the related party nonsense. Fair value is fair value. City's would appear undervalued if anything. The others?
 
Gremlin said:
Exactly - "related parties" is an established accountancy definition which is widely accepted whilst "associated parties" is a PL construct that they dreamt up. And that would appear to be the basis of the City claim - i.e. that it is just something dreamt up to hurt certain clubs.
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Spot on. City feel that the PL are riding roughshod over globally recognised accountancy rules - IAS24 - and that that is unlawful.
 
Blue and true said:
Tend to agree with some that this isn't promising; if we were confident of a positive outcome from the charges then I don't see why we'd have launched this lawsuit. Want it resolved one way or another as, being brutally honest, I can't be arsed with it all anymore. Sapping my love of football, and I'm glad I'm no longer as emotionally attached to it as I was in my early twenties. Whole thing is an attempt at reputational damage and I'd cry if it wasn't so risibly transparent.

Whatever the outcome, victory or demotion to Sunday league, I'll always have blue blood. But thank fuck I now have plenty of distractions in my life worthier than football.
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Change your username to Absolute Bottyclart.
 
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domalino said:
I also don’t have the regs to hand but I do specifically remember they came into effect immediately because (presumably) the point was to stop Newcastle before that first transfer window in Jan 2022.
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I'll take your word for it. But there was definitely more to it this year, when it all became a bit tetchy, and a warning of legal cases against the PL was reportesd.
 
Blue and true said:
Tend to agree with some that this isn't promising; if we were confident of a positive outcome from the charges then I don't see why we'd have launched this lawsuit. Want it resolved one way or another as, being brutally honest, I can't be arsed with it all anymore. Sapping my love of football, and I'm glad I'm no longer as emotionally attached to it as I was in my early twenties. Whole thing is an attempt at reputational damage and I'd cry if it wasn't so risibly transparent.

Whatever the outcome, victory or demotion to Sunday league, I'll always have blue blood. But thank fuck I now have plenty of distractions in my life worthier than football.
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Well said. I agree with your wider point. I’ve had enough of hearing about it now. Just sort out this mess one way or another.
 
Sofiablu said:
Am I right in thinking that this case will be heard in open court (as opposed to the 115 case which will be a closed hearing). If so perhaps this gives the club the chance to put into the public domain some of the stuff that’s been flung our way by the cartel and the PL. Interesting times if that’s the case.
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I hope so. If so then this is the moment City pull the trigger on our enemies and it shows why the club has been so cautious up to now. They didn't want to say anything which would undermine this case.
 
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