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

spinney said:
City have already sold carrington , theres a new housing estate about to be built on it
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Carrington - the exCity training complex is used by Sale Sharks?
Are you confusing that bit of land, with another section a bit further along that used to be industrial and has since been levelled and is turning into housing?
 
Can somebody please repost the podcast from the other day. Was going to listen to it, but forgot. Don't know how far back it is now. Thanks
 
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Keeper! said:
Just read the latest Mailonline article on us with Simon Jordan's quotes from his podcast about our PL case next week, again I was amazed at the amount of comments actually supporting us.

I actually think the tide is beginning to turn and if we win this case I think you will see a huge change in the league.
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I think that a lot of blues, like myself, feel we can do our tiny bit to support the club against the tsunami of bile by posting comments. I spare 5 minutes every day to troll the anti City trolls in the Mail comments section. I know it's childish and probably doesn't make much difference but, as your post shows, I'm thinking more blues are doing the same.
 
jimmygrimblesboots said:
The current sustainability rules are harming the Premier league because with the constraints clubs have to work to means there will be no more superstars coming to the Premier league , we signed a superstar in Haaland when he turned down Real.But Mbappe has gone to Real with a near £100m signing on inducement , there will be a drain of talent because Premier league clubs will not be able or allowed to pay the fees and wages required to attract the very best.
The Geordies have all the money in the world but they have to sell one of Bruno or Izak to meet the new finanicial limits , Chelsea have also been mentioned they have been trying to sell Gallagher , the Premier league are damaging their own product at the behest of the Rags & Dippers , it suits their Yank owners becasue they do not want to invest in their clubs , quite the opposite they want a nice chunk of any profits.
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I wouldn't necessarily say that element is a bad thing, ie. paying Mbappe £100m just to sign. That is effectively money going out of the game that should have gone to PSG.
This is what did for Barcelona in paying Messi fortunes just to keep him.

Spanish football appears to be more corrupt than the PL.

What they can't do is have a system where 1 Club (Rags) are allowed to spend more than anyone else for playing in the same competitions.

I don't have the answers but allowing plastic magnets like Rags, Dips and Arse to spend more because they attract fans from all over to the detriment of the local Clubs these wankers should be supporting is just wrong.
 
hammocity said:
The Chav's will be paying Capital Gains Tax on the sale of the hotel.

I know there's other tax "loopholes" that can diminish the liability but will HMRC just take it up the arse or launch a serious investigation into the abuse the Chav's are taking advantage of, they seem to be getting a free ride from the Premier League and UEFA, it's a piss take.
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Limited companies don't pay CGT they would pay corporation tax, but as you say there are ways of reducing that
 
BrianW said:
Does that mean City could sell Carrington to the Sheikh for 200 million and lease it back at a penny a year?
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Only if that penny was earned ‘organically’, a properly thrice audited paper trail and signed off by two independent assessors approved by randomly appointed individuals from impartial sources.
 
jrb said:
Can somebody please repost the podcast from the other day. Was going to listen to it, but forgot. Don't know how far back it is now. Thanks
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Probably not the one but this is Stefan on 93:20 unfortunately it requires a sub

THE 93:20 PODCAST:- THE LAWYERS - 93:20

Ahsan is joined by legal expert Stefan to discuss yesterday's Times article, why City are at war with the PL and how this relates to the 115 charges. A must listen for all blues.
ninetythreetwenty.com ninetythreetwenty.com
 
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meltonblue said:
Normally I’d agree but given the sheer volume of players and amount they’ve spent on them, I’ve not got much sympathy with Chelsea at all tbh!
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Chelsea sell a hotel and pocket the profits, thus reducing their PSR deficit. This is perfectly legal at the time of the transaction. The PL do not approve it but try to pass a new rule to outlaw this type transaction. No doubt if the PL had won the vote, they would have withheld approval, thus effectively applying a new rule retrospectively.
It’s just bonkers, corrupt even. Maybe no sympathy for Chelsea, but you have to accept that they have pulled off a coup. One in the eye for the redshirts. If this had been one of them, you can bet the PL would have approved the transaction and subsequently tried to outlaw any other club doing the same thing.
Masters “Hi Liverpool and Arsenal, MUFC have sold a hotel to themselves. Do you have any plans to do the same?”
dippers and arse: “Yes.”
Masters:”Get on with it then so afterwards we can stop others doing this.”
 
Given how successful the Premier League is both domestically and internationally I am surprised that no other clubs are challenging rules that crippling their plans to comply with some bizarre PSR rules.
For example, Villa should be strengthening their squad for the oncoming Champions League campaign rather than having to sell key players.
I do think that money in football is a bit crazy but the current versions of FFP, PSR etc. are more about propping up the history club cartels than sensible, fair financial controls.
 
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