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

Stoned Rose said:
Well, well, well.

Firstly, the stones on City for taking this fight on when already in the midst of the other fight, is hugely commendable and shows the level of intelligence and competence at the club.

Second- we talk on here of conspiracies and “the cartel”. Well, today is all the proof we need we’ve been right for the last decade and more.

Third, yet another example of the PL making rules up as it goes along, at the behest of a a few select favourites. Even when those rules are unfair and unlawful.

Fourth - the biggest example of “acting in bad faith” you’ll ever see. Yet these cunts have the gall to charge us with “not acting in good faith”? You couldn’t make this up.

Fifth - blind eye to the shareholder loans that a lot of these cunts are being held up by. The likes of Arsenal and Everton will be fucking shitting themselves re PSR now.

Sixth - Panja, Zeigler, Lawton and Keegan shown up as the KFAs they are and none should ever be named as “sources” on here ever again.

This is a seismic day. City have taken the cheating fuckers on and showed them up for what they are. Heroic.

What a day to be a blue.
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Absolutely!
 
MCFC1993 said:
Puts Arsenal in the shitter apparently, £200m in shareholder loans that could see them breach PSR.
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They needn’t worry. They run the PL & will dictate that the changes to the rules can’t be backdated.
However, they will have to deal with the changes from today
 
Ste68 said:
Think the biggest issue will be loan interest and will result in the rules entangling a whole bunch of clubs who will have to make some serious decisions on financing or rule changes. That is where I think this will have huge implications and more so if the rules as they are fall. Spurs have around a £billion in loans although I suspect they are all commercial , Everton were close on £500m of shareholder loans , Brighton £300 million , Arsenal you say £200m , Liverpool had £100m , Bournemouth £60m so should be interesting.
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“Financial doping” I believe is the term.

There’s nothing like giving some **** a taste of their own medicine.
 
bridgeno1 said:
For sure you don't apply penalties to rules that weren't in place at the time.
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But your accounts didn't show the interest that should have accrued on those interest free loans.
The PL, Arsenal, Brighton et al, can't just ignore the ruling, the PSR submissions will have to be amended. If that puts some clubs in historical breach of PSR then they should be sanctioned.
If not, then Forest and their lawyers will be rubbing their hands with glee!
 
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