Is that the only way you're like trump?Wasting your time mate. Like Trump, I’m immune from any sanctions in the course of my posting duties.
Is that the only way you're like trump?Wasting your time mate. Like Trump, I’m immune from any sanctions in the course of my posting duties.
I would love to think I do, but I'm not sure now. All this stuff just makes me lose interest in the game.You understand about football, or you like to think you do?
The 2011-2024 APT rules we said were unlawful, have been proven to be. But they are past rules anyway, there are new ones in place which City said needed to be held-off being implemented until they were deemed lawful but the PL and its clubs went ahead with them anyway.This is all beyond me! I am a football fan, and I understand a bit about that (or I like to think so anyway), but can anyone explain what yesterday’s announcements actually means?
She won.Its like when you have an argument with your missus, you think you've won, she thinks shes won and the reality is nobodys won and everything just carries on as before with a simmering resentment towards each other
Putin also has a tape of GDM doing unmentionablesIs that the only way you're like trump?
Exactly!fantastic post mate, its where i've been all along, this protectionist racket by the scum,scousers and the self entitled tarquins is slowly being unravelled.
its like fred's corner shop not being allowed to develop the biggest and the best supermarket chain because tesco,morrisons and asda don't like it and want to keep their share
that is exactly what has been going on here
you get told football is different, no it is not
i think and i hope that is where khaldoon and the boys are going with this
Putin also has a tape of GDM doing unmentionables to Trump
We’re both shit at golf.Is that the only way you're like trump?
That seems a fair and balanced summary based on what we know. My own view is that Steffan misjudged the strength of feeling that this win would be welcomed by fans - we should enjoy it after all that has been said about our club.
I think you are agreeing with him that the practical implications may not be that great, albeit in its own statement the club used the phrase 'Seismic on many levels' which suggests they feel differently.
I think we should all just enjoy this win while we can, and lets hope the celebrations can continue around 4.55pm this afternoon.
You definitely do, based on your posting history :-)I would love to think I do, but I'm not sure now. All this stuff just makes me lose interest in the game.
You nail it as usual, Petrusha. I would imagine that if/when we (substantially) win the 115 case then there will be an exodus of PL execs, regardless of an appeal.There have been nearly 800 posts in the 18 hours since I was last on this thread and I've barely scratched the surface of those. Nor have I read anything about the judgment other than a couple of reports. If this lack of detailed knowledge of the case means I'm mistaken in the analysis below, then apologies and I'm happy to be corrected. Anyway, for what they're worth, this post contains my impressions so far.
Clearly, this is a win for City and not merely a negligible one. We set out to have the PL's APT rules declared void and they were, so there's no other way to view it. There's certainly satisfaction to be taken from that, whatever else happens subsequently. I therefore won't criticise City fans who want to enjoy the moment given the clear hostility with which the PL regards our club and I'm pleased, too.
That said, the practical effect as we move forward may not end up being all that significant for a couple of reasons:
I don't see any of the above as particularly contentious or controversial. However, given that I'm commenting on an arbitral award I haven't read, I'm open to being persuaded otherwise.
- It's only the old set of rules that has been struck down by this ruling and there's now a new set that the PL claims is valid because the offending provisions from the previous rules have been removed, so City have to go through the whole process again to have the new rules invalidated and it's hard at the moment to judge from outside what the prospects are in that case.
- In terms of City claiming compensation for the PL rejecting proposed sponsorship deals of the club under the old rules, any claim needs to show that the loss claimed results directly from the PL's actions, and that may not be easy to do for more nebulous claims, while, as we're basically talking about the Etihad deal here and that arrangement is evidently still in effect, it's not exactly clear from outside what the loss actually is.
From my perspective, the major point to take away relates to the PL. In my view, in the real world, there'd be hall to pay in the relevant industry if a quasi-regulatory body tried to enact a set of rules that were subsequently declared void in their entirety and the organisation were shown, in the proceedings leading to that outcome, not to be impartial as regards leading players in the industry when formulating and applying its rules. Extensive changes in its leadership would be an absolute certainty.
In my view, Masters's position thus ought to be untenable, but I thought that was the case as soon as the initial decision became public. Nonetheless, the usual slow-witted dullards in the media were happy to perform their accustomed client journalist role by spinning, after the initial determination, the claim, highly dubious even then, that the PL had been the victors in the case.
If he survives now, I assume it's so he can be the fall-guy should the so-called '115' case produce an outcome that influential PL member clubs regard as unpalatable. I regard his eventual demise as a certainty and will celebrate it whenever it comes.
For me the way to sort out the pig’s breakfast is simply to have no rules at all about the source of funds. Spending can be easily regulated, so the source of funds is completely irrelevant. Is the anchoring proposal just this? If it is, fine, except that in their usual incompetent way, the PL have chosen a bonkers item to act as the anchor, ie the tv revenue of the club with the least.Good post. But I think what people are having a problem with is how you can make three or four changes to rules that don't exist?
Seems to me as a hopeless non-lawyer that they will have to approve a whole new set of APT rules that, taken together, form a lawful coherent whole.
They may very well look like the November rules, but just making changes wasn't good enough?
Then you have the question about the lawfulness of the transition measures on shareholder loans and, for that matter, the lawfulness of all the financial rules including FFP and PSR, taking this judgment into account ..... It's a complete pig's breakfast that will take forever to sort out.
They're no doubt already lining up another bunch of slightly tweaked rules to be implemented just before any judgement on the current rules, so they can say "That's the previous rules. The new ones are legal." ad infinitum.The 2011-2024 APT rules we said were unlawful, have been proven to be. But they are past rules anyway, there are new ones in place which City said needed to be held-off being implemented until they were deemed lawful but the PL and its clubs went ahead with them anyway.
My god, the delusion/irony/ and hypocrisy of those comments are off the scale!
If it looks like a sacred cow, walks like a sacred cow……You could say City have got all their sacred cows in a row….
It’s just one I think.
So much said in so few words........ given the clear hostility with which the PL regards our club...
What does that bolded sentence mean? It's not a debt, that a bank or other financial institution sells to a third party if they don't think they can collect it. What evidence do you have that we've done anything to mitigate any loss or even that we need to in this situation?
I'm well aware of the legal issues around mitigation of loss. I spent two years studying Commercial Law as part of my degree. I'm well aware that (a) there has to be a tangible loss (b) you have to show that there was a directly attributable cause of that loss and (c) you did your best to mitigate that loss or not make it worse.
So if these contracts were due to come into force in July this year, there has, as yet, been no effective loss. I'm fine with that.
But let's assume those two disputed sponsorship agreements were planned to start in July 2024, and that the Etihad one was for £90m and the FAB one for £10m per annum. Let's assume also that the PL said that Etihad couldn't be more than £60m and FAB £5m. We therefore had to renegotiate those contracts to those amounts.
This financial year alone we've "lost" a potential £35m that we could have received under those contracts, had we not been forced to amend them, under rules that have now been declared unlawful. I take that to mean that the conditions imposed are now unenforceable, and that the original proposed amounts should stand. In that case, we could collect the "lost" £35m under the original contracts and there's no loss.
But in the unlikely event that Etihad & FAB were to say "Sorry, we have a contract, that's what you told us to pay and we're not renegotiating" or the APT rules were lawful, then we've effectively suffered a potential loss.
Having spent a number of years working for an insurance company, I know that if you claimed for damage caused by a water leak, and you'd let that leak carry on for a while without making an attempt to fix it, wand your failure made the damage far worse and the cost to fix it much higher than it would have been to just fix the original leak, you would be rightly accused of failing to mitigate your loss, and any payout reduced.
This is around contract law though, and there has been no breach of contract that I can see. In my example there has been offer & acceptance. Etihad has contracted to pay us £90m and we've accepted. Neither party has breached that contract; the problem has come by a third-party who isn't a party to the contract imposing an arbitrary value on it, under rules that were subsequently declared unlawful.
I struggle to see how it's our duty to mitigate that, in this particular scenario, by going out and trying to find an additional £35m.
What does that bolded sentence mean? It's not a debt, that a bank or other financial institution sells to a third party if they don't think they can collect it. What evidence do you have that we've done anything to mitigate any loss or even that we need to in this situation?
I'm well aware of the legal issues around mitigation of loss. I spent two years studying Commercial Law as part of my degree. I'm well aware that (a) there has to be a tangible loss (b) you have to show that there was a directly attributable cause of that loss and (c) you did your best to mitigate that loss or not make it worse.
So if these contracts were due to come into force in July this year, there has, as yet, been no effective loss. I'm fine with that.
But let's assume those two disputed sponsorship agreements were planned to start in July 2024, and that the Etihad one was for £90m and the FAB one for £10m per annum. Let's assume also that the PL said that Etihad couldn't be more than £60m and FAB £5m. We therefore had to renegotiate those contracts to those amounts.
This financial year alone we've "lost" a potential £35m that we could have received under those contracts, had we not been forced to amend them, under rules that have now been declared unlawful. I take that to mean that the conditions imposed are now unenforceable, and that the original proposed amounts should stand. In that case, we could collect the "lost" £35m under the original contracts and there's no loss.
But in the unlikely event that Etihad & FAB were to say "Sorry, we have a contract, that's what you told us to pay and we're not renegotiating" or the APT rules were lawful, then we've effectively suffered a potential loss.
Having spent a number of years working for an insurance company, I know that if you claimed for damage caused by a water leak, and you'd let that leak carry on for a while without making an attempt to fix it, wand your failure made the damage far worse and the cost to fix it much higher than it would have been to just fix the original leak, you would be rightly accused of failing to mitigate your loss, and any payout reduced.
This is around contract law though, and there has been no breach of contract that I can see. In my example there has been offer & acceptance. Etihad has contracted to pay us £90m and we've accepted. Neither party has breached that contract; the problem has come by a third-party who isn't a party to the contract imposing an arbitrary value on it, under rules that were subsequently declared unlawful.
I struggle to see how it's our duty to mitigate that, in this particular scenario, by going out and trying to find an additional £35m.