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

flb said:
Arsenal have never won everything mate , they’ve had purple patches but have never ever dominated English Football , only three clubs have done it - us and the other two red **** outfits in the close vicinity
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Yeah I get that, just meant as a whole, the red clubs have largely dominated between them.

I guess that can be domination in terms of trophies, or in terms of the Premier league boardroom.
 
manimanc said:
Can't stop laughing at the sky sports news headline on their app, saying us and the Premier League both claiming a victory.
Bless them, they can't bring themselves to say it.
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It's not factually incorrect though, both parties have issued statements claiming victory.
 
Centurions said:
"That’s what John Stuart Mill wrote about in On Liberty. The pursuit of majority interest at the expense of a minority faction. So when the PIF bought Newcastle in October 2021 and almost instantly the Premier League began adjusting its rulebook — an email on the subject to the league from a club official specifically mentioned “the Gulf region” and was dated October 12, five days after the takeover — that’s the tyranny of the majority in action. AKA: a carve-up.
And we later read that the panel believed this official when, as a witness, he or she insisted Gulf-owned clubs were not the target. They believed the assertion that this intervention could just as easily have been discussing an “American consortium who had links to lots of American companies”. Except there are already quite a few American consortiums with links to lots of American companies in the Premier League, and the email didn’t mention them. It referenced the Gulf. “The takeover of Newcastle United heightened . . . concerns again and encouraged the clubs to seek action,” the witness admitted. Even so, the same email would have been sent had the worry related to Americans. It’s just that it wasn’t. It was sent five days after a Saudi takeover."

That's from Samuel's piece in The Times today, has it ever been confirmed which club sent that email to the PL per chance?
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Perhaps when JW Henry described Soriano as "a terrrorist" he really meant he had perhaps been a supporter of the IRA. It was nothing to do with his dark skin and the ethnicity of his boss.
 
bridgeno1 said:
They'll just convert it to equity. In any case the loans were made for stadium upgrades as opposed to player purchases so whether that makes any difference who knows, I guess it's significant as otherwise KSE wouldn't have stipulated it in that way.

All today's ruling does is ban bullshit shareholder financing but allow bullshit APT deals. The flies will just move from one pile of dung to the other.
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In the last set of accounts published by Arsenal I seem to recall that the certain of the loans that KSE had advanced to Arsenal to settle historic debt linked to the stadium build had already had to be assessed to take account of the preferential rates in addition it would seem that despite the “ higher moral ground “ it now seems that Arsenal who are owned by KSE are close to selling the ground to… KSE. Oh the irony
Many are assuming that all that will happen is owner loans will be converted into equity and yes that may well happen but this issue has opened up a can of worms which could well involve further challenges around equity.
Today’s ruling will inevitably lead to rule and just as importantly procedural changes how that will impact we will see but personally I think there is a lot more to play out in this matter, well the APT rules
 
bridgeno1 said:
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.
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I have to say that you're right on two key points:

1. You're far from an expert.
2. What you've heard is likely to be bollocks.

This was all tested at CAS and found to be above board.
 
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