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

oldius said:
www.mancity.com

Club statement

Following today’s publication of the Rule X Arbitral Tribunal Award, Manchester City Football Club thanks the distinguished members of the Arbitral Tribunal for their work and considerations and welcomes their findings:
www.mancity.com www.mancity.com

The language in here is utterly robust and points to a damning verdict, absolutely critical of the actions of the Premier League.
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I think delaying the FMV of our sponsors is further proof they’ve been acting in bad faith. I wonder if anything shows up from emails about this & interest free loans from owners.
 
Let’s face it we won’t win any friends about this, except maybe those who will benefit (but they won’t thank us either). But the case against the PL has shown they have acted illegally and that must damage any residual reputation they had left, but the American lawyers will be rubbing their hands now, trying to destroy all clubs with links to the Middle East.
 
paulchapo said:
A fucking brilliant piece by Martin Samuel yet again. One that cuts through all the waffling shite coming from the premier league and the media to try and paint a rosier picture than what the facts actually say. Obviously I can't print it all here but this small section is damning.

"Unlawful, unlawful, unlawful, unfair, unfair, unreasonable, unreasonable. The seven conclusions of the arbitration panel governing Manchester City’s case against the Premier League make for sobering reading."

The first three , "Unlawful, unlawful, unlawful " should, in my opinion, mean our separate 115 case immediately collapses. We are dealing with a biased criminal cartel.
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It was an excellent article and easy enough for a non legal person (me) to understand. Not sure all the ' journalists ' and Sly/BBc and Talkshite presenters will though...
Gundoggin said:
Be good for MCFC to launch a counter media campaign now they have won this case .
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Don't hold your breath on that one. Our PR department is useless.
 
From an Arsenal perspective this isn't great for us. The main ruling I see from this that impacts us is the fact that club owners can't give the club loans without having fair market value interest charged.

At present the Kroenkes loan the club £250m and as football is a risky business I'd say fair market value interest rates are around 8% so that's an extra £20m that needs to be factored into FFP moving forward.
 
The raging pessimist in me thinks City winning this case means that no club will ever again have to face a rigged competition like our club.

And in future we will thanked for standing up to the cartel

But however we will lose the “115 witch-hunt “

Hope I am wrong.
 
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