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

Is it tho, look i like slbsn he is obviously a very intelligent chap but it seems he hasnt learned to not talk before having all the relevant info, his summations have been a little off recently.

TBF to Slbsn, he has said a few times, he did not know the details of the case so he was speculating based on the limited information that was known (usually leaks via the press).
 
SSN just now "PL will be very happy with the verdict"......good grief

According to my source they love the prospect of paying damages! Absolutely love it, they do. And also having to amend their rules in a way that might lead to half the league failing PSR. Couldn't have worked out better, they tell me. "Forget all the other stuff" they say, "The court told us we needed rules, they just didn't agree with the ones we wrote. But the important thing is we have established we need rules, and we actually didn't know that before so that's good."

They're all sat in PL HQ right now, slapping each other on the back. You know it's gone well when you might be on the hook for millions in compensation. Masters is grinning from ear to ear! I even heard he's begging them to take it out of his annual bonus.

"Pop the champagne lads, this is a significant victory for us" he's saying, as tears roll down his face.
 
What the point that the IC say that nominal interest will need to be calculated when owners have soft loans which almost certainly will either see those loans converted to equity which for all intents and purposes they are already equity or the fact that APT will probably in one form or another still be in place.
Of course 7 clubs could vote against the whole concept but I don’t think that will happen
How can an owner who owns lets say 100% of his club and has then loaned his club more money, convert those loans into further equity without it qualifying as a straight cash injection. This would not be allowed under PSR rules anyway? Or am I missing something?
 
The chickens are coming home to roost - turns out the BBC goto "Premier League Can Claim Victory - top lawyer Simon Leaf" is a lifelong Arsenal fanboy & attack poodle pumping out cartel propaganda from the off.
take a look at this too


Gooner helps rags sign over-hyped shite on ridiculously exaggerated contract.



Keep your friends close and your enemies closer - Arsenal FC
 
All I'm seeing from the MSM is, City had a couple of minor wins. We failed on everything thing else because it's deemed lawful.

Just like CAS, the MSM still avoid the amount of times NO EVIDENCE was qouted. We will always be the ones that "got away with a techincallity."

The MSM - BBC especially - are ignoring: UNLAWFUL, UNFAIR and UNREASONABLE. The report is quite clear about the way we were treated. We cannot win and will always be cheats.
The Times, The Mail, Mirror, SKY, even the Guardian are reporting a City win and have done all day. Even TalkSPORT did as well. The BBC are the outlier.
 
SSN just now "PL will be very happy with the verdict"......good grief
Have they really said that?

What. The. Actual. Fuck.

In the space of 8 hours Ssn gave gone from us winning, to it being a draw and now the Premier League have got some kind of result.

It is absolutely shocking the standards of their reporting but they are in the same boat as the pro red cartel/ anti city hating pricks we have to deal with.
 
I'm running about 90 pages behind on this thread but having had a quick glance at the judgment doc these two paragraphs from p73 caught my eye, apologies if they've been mentioned already. Basically turned the PL's own argument for the APT amendments against them with reference to excluding shareholder loans. How can these clowns be seen as fit to run a multi-billion pound organisation?

As Counsel for the PL accepted in opening, if the ambit of the APT Rules were limited only to APTs from Gulf States, that would be discriminatory and hence an object restriction because, looking at the economic and legal context, although such a measure would still be an
anti-circumvention measure, it would be aimed only at Gulf States and therefore objectively it would be discriminatory. We can see no difference in principle between that situation and limiting the ambit of the APT Rules to excluding shareholder loans.

Nor is the fact that it is open to all clubs to have access to such a subsidy an answer. Even if it could be said that this meant there was no discrimination in a formalistic sense, a difference of treatment between shareholder loans and other APTs is, in our view, an obvious distortion of
competition as it permits one form of subsidy, namely a non-commercial loan, but not another, a non-commercial sponsorship agreement. Both are equally injurious to the objective of the PSR.
 

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