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

[homerdog]

I'm sure I read their owner has loaned them over £300 million.

It's true, they are also fucked!

 

[Sheikh rattle and roll]

Sooner hear that it’s Loserpool that have big owner loans

 

[Dave Ewing's Back 'eader]

No doubt our statement was written by a legal expert
No count the BBC copied the PL statement probably by some rag clown in the newsroom with their figures in their ears screaming

I fancy Dan Roan had some input. Anyone seen this model of fairness and propriety standing on Ashton New Road, microphone in hand, belabouring the PL for their unlawful rule book?

 

[supercity88]

Reading the BBC summary of it you'd think we lost.

The BBC doesn't have employees with the skillset to unravel this. The PL claim they won so they're running that. Lots are quoting that both sides claim wins.

Ultimately the fact the PL has to amend the rules mean it lost. It's quite simple. And if anyone bothers to read into it they'll see it is quite a significant win for City.

 

[paulchapo]

The big revelation in all of this is that Everton, Brighton and Arsenal are massively leveraged by interest-free loans. This had not been in the conversation prior to now. Clearly the principle of fair market value will remain in place, so the imposition of a commercial loan rate charged to the P&L account of these teams is inevitable. This is seismic, make no mistake about it. But the fact it was allowed to happen in the first place speaks hugely to City's suggestion of a tyrannical majority.

Matt Lawton: "Crucially, the panel deemed the rules to be unlawful, and in breach of competition law “by object”, a serious and damning infringement akin to price-fixing by cartel members."

Oof!

I alluded to your points in the last paragraph earlier. It's as good as proved a stitch up by the premier league against us. Surely no court, civil or legal would entertain anything else they have charged us with? They have proved to be corrupt.

 

[Dave Ewing's Back 'eader]

Read Mike Keegan's piece.

I had a read of Martin Samuel's. I fancy that that is the definitive statement.

 

[Xhavenjoe]

They are inside the barrel and last seen heading over Niagra Falls..!

More like viagra falls

 

[cheekybids]

I know it has been posted in the thread, but I just wanted to give it another direct link to the article (rather than the archive link) so that clicks and engagement could be driven to Samuel’s excellent content for those with access.

These outlets only really care about what content drives the most ad revenue and so we should be very selective about which links we share. But I think, even if it gives The Times some revenue they could use to beat City with later, this is content that should be supported and amplified by blues.

Seismic verdict for football that leaves financial rules in tatters​

The Premier League overplayed its hand and now the whole concept of PSR is in the bin. Man City’s legal victory could have huge consequences for some clubs​

Seismic verdict for football that leaves financial rules in tatters

The Premier League overplayed its hand and now the whole concept of PSR is in the bin. Man City’s legal victory could have huge consequences for some clubs

www.thetimes.com

That is fucking brilliant. So good I subscribed.

 

[BringBackSwales]

If Spurs did that explains why the PL lost then. Spurs can't win anything.

When did you last win the league? You struggle to win a match without cheating, never mind a league. If City ever got to the stage where we regularly got keepers to sit down when under pressure, or players sitting down with false injuries I’d be ashamed. Pathetic and disgusting. You laud yourselves as a history club - you are a sick sat-down parody of that. Tarquin snakes

 

[BlueAnorak]

Arsenal are absolutely fucked by this ruling.
£200m of shareholder loads are Related 3rd partynincome.
Couldn't happen to a better club.
Everton and Brighton too.

 

[Gray]

The BBC are a fucking joke of an organisation, sad bitter rags sat in Salford quays writing utter shit. Any city fan paying that license fee hang your head in shame.

Guilty as charged M’lord.

 

[lefty goldblatt]

Tim Lewis at Arsenal is going to be pulling his hair out now.

I didn't know Art Garfunkel was a Tarquin

 

[brazilians hurt]

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.

Ah did you work that out all by yourself? If FFP/PSR is a tool to level the playing field then any cash invested has to be included in the calculation even if it owners gift.
Hopefully whether in the future or please God retrospectively it will provide you with a taste of your own medicine given your club has been behind FFP since day 1 with the dippers & the rags and let’s be clear some of that has been found unlawful
Just like when you bought your way up to division 1 without winning division 2
Same old Arsenal eh!

 

[Metal Biker]

Mood on West Ham forums is generally positive towards City and that they don't really side with their owners stance.

 

[ufo]

View attachment 134227
'I told Masters; "Do you know what nemesis means? A righteous infliction of retribution manifested by an appropriate agent, personified in this case by a 'orrible ****, me!"'

Cool hand- “told you masters is nothing but a small dick energy , this small “

 

[Colin Bells Boots]

And yet, the idiot masses will swallow that narrative hook, line, and sinker.

Nothing new then

 

[DenisHasDoneIt]

I fucking love Samuels

“It is not so much a can of worms as one of those tins of exploding snakes. If shareholder loans should have been part of the PSR equation all along, Everton and Nottingham Forest may wonder how they, alone, suffered points deductions.”

Quite.

 

[gordondaviesmoustache]

Nowt mate. Waiting for Panja’s next tweet or Magic Cunny to throw us a bone.

Cunny is one of my favourite words.

 

[dadnlad]

Bingo commented yet

 

[ComfySeats]

for those wondering about the BBC article, this is the writer i believe.......nothing wrong with Vegans, but i am always wary of the ones who use it as a personality trait. Just saying