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

I know a lot on here slagging the BBC off but Radio 4 PM is pretty solid on news reporting. Its the only News programme I listen to.
I don't think that the entire BBC are out for us, but I do believe (as with Sky and TNT) they are riddled with ex red shirt scumbags who play to what they feel are the mainstream audience.
 
Think it’s fair to say Stefan isn’t the oracle some think him to be.

A very good poster and I’m not knocking him at all but he isn’t the all seeing eye.
No I wasn’t knocking him either mate. Hes clearly very knowledgable. If what I remember is right, he just didn’t see how we could win this for whatever reason.
 
Also damming in this report is the page 7th October Newcastle taken over then an owner from another club emailed the PL on behalf of him and 10 other clubs asking for a meeting within 5 days or sooner to amend related party transactions. Tomlie also posted this on X which is bound to be true based on the stictch Newcastle up email:

Emails were demanded from the Premier League. They painted a disgraceful picture which bodes well for our 115 case.
 
A hierarchy
Spread out on the nightstand
The spirit of team
Salvation is another chance
A sore loser
Yelling with my mouth shut
A cracking portrait
The fondling of trophies
The null of losing
Can you afford that luxury?
A sore winner
But I'll just keep my mouth shut
It shouldn't bother me
It shouldn't bother me
It shouldn't bother me
It shouldn't but it does
The small victories
The cankers and medallions
The lips on my face
They keep me thinking, that someday
I might beat you
But I'll just keep my mouth shut
It shouldn't bother me (no)
It shouldn't bother me (no, no)
It shouldn't bother me
It shouldn't but it does
It shouldn't bother me (no, no)
It shouldn't bother me
It shouldn't bother me
It shouldn't bother me
If I speak at one constant volume
At one constant pitch
At one constant rhythm right into your ear, you still won't hear
You still won't hear
You still won't hear
You still won't hear
You still won't hear
You still won't hear
You still won't hear
You still won't hear
You still won't hear
You still won't hear
You still won't hear


Absolute tune from the most uncommercial follow up to a hugely commercial album ever.
 
?? I thought part of the 115 were for rules that weren't even in place
Where I understand City might have the biggest issues are some allegations around City execs misrepresenting owner funding as sponsorship income. Anyway I'm far from an expert on this and it's only based on some things I've heard which are just as likely to be bollocks as not so please don't take this as my personal opinion, only a response to what I've heard are possibly the toughest of the 115 charges for City to overcome.
 
So if I get this straight the Red vested interests, aka previous cartel owners, came after us for inflated sponsorship deals which were found to be ok but then the beast of unintended consequences reared their head and said before we go what about the murky way you finance your club and these free loans, the true cost if which should be hitting your p and l like a normal company. Let’s count that now.

And oops a daisy there goes Arsenal’s free ride. Beware what you wish for. Now let’s get the 115 done. And hope they go after leveraged debt funding model too.

Karma for the fucking hypocrites and cabal membership based upon entitlement, greed and jealousy.
 
Yeah but it isn't retrospectively applied. So they'll have to factor in an extra £20m for the loans or so however in reality what you'll see is a massive Walmart sponsorship deal at whatever value the Kroenkes can get away with so I don't think it affects Arsenal in reality as that will just replace the shareholder loans. It's the same money basically.

Smaller clubs without super wealthy owners who own other massive companies may feel it more though.

So what you are saying is, its ok for your Owner to invest money in the Club? Interesting.
 
This is what I have never understood, why doesn't Mansour loan us the money we need as per Arsenal/United?View attachment 134249

Mansour does even better than that, he invested equity in us.

Loans aren’t for the profit and loss, they’re for the balance sheet. What then shows on the profit and loss is any interest payable on those loans.

Some clubs don’t have any losses as the loan is interest free. If they now have to come under APT, then they won’t be allowed to do that (and anything that forces owners to put in equity rather than loans should be seen as a very very good thing for clubs financial stability - it’s what protects them from if an owner does want to leave or has their assets frozen like an Abramovic).
 
I recall him on talksport when this started that he expected us to lose this one. If I’m incorrect on that someone can correct me. I’m pretty sure he did say that though.

To be fair to him no one knew what was being challenged in court. They had suspicions but I think Stefan commented largely on the claims that emerged regarding the fact there was a collective of clubs looking to stifle others and xenophobia. He didn't see how a system that requires a majority vote could be seen to be unlawful.
 

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