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Both Labour and the Conservates stated legislation to prevent breakaways would be introduced

Those shareholder loans in full...

I'll reword that - just sacked for approving it. After reflection, It matters little if it was quick or slow.

The Premier League clearly want to add DISCRIMINATORY to UNLAWFUL, UNFAIR and UNREASONABLE - the very strong words used in the tribuneral judgement. Law courts and tribunerals take a dim view of messing up a second time. What bright spark thought it was OK to discount loans in 2021-2024 and not...

I see the Premier League have "confirmed" that existing shareholder loans won't be included in modified ATP rules - but existing sponsorship deals will be included. The chances of another court case not happening are thus vanishingly small I would imagine. The chances of this additional court...

Bottom line - either ALL sponsorships go through the same procedure or none. You can't pick and chose what a particular owner sub-group think should go through a filter of associated party ownership.

Soft loans were specificically excluded bas a result of a club sending an email to the Premier League. It wasn't an accidental omission.

Are you suprised? I'm not.

What did you expect?

Will Arsenal and Brighton and Everton vote for revised rules that hit them the hardest? And the answer is...

Fucking clueless cretin. City won on the two most important points. The rest are effing trivial.

Many in the press claiming the PL won this case is like claimg Germany won WW2.

LOL DeLoony in full straw clutching mode.

Interesting thought for the day... Will City be paying themselves 1/20th of the lost income penalty charge?

Martain Samuels in the Times: https://www.thetimes.com/article/c11fc05b-b046-4f6e-b592-29fe7e359080?shareToken=4f4c73af2cb61e0a6febaab231de5724&fbclid=IwY2xjawFw3dpleHRuA2FlbQIxMQABHfJaZ0hep6lC8203TBFIlK3buJxbQISuDTMXTKWNJIAK9LwWeMNwHl9ykw_aem_S4IScdPiw_DKjU6dlhQrJw Web Archive Version...

Arsenal are absolutely fucked by this ruling. £200m of shareholder loads are Related 3rd partynincome. Couldn't happen to a better club. Everton and Brighton too.

One side effect of today's judgement on rulling what is and is not a related third party and related third party income is that shareholder loans are now classified at Related 3rd party income. Deep joy. Arsenal and Spurs and Chelsea are fucked. As will many other clubs be. If you try and pin...

What a suprise (NOT). If you apply rules that go much further than IFRS accountany rules defining who a related 3rd party is, you'd better make sure it is: 1. Legal. 2. Applied fairly. 3. Doesn't target one or a couple of specific clubs. They haven't been. City have clearly won on this major...

The last point terrifies me to be honest. Biden has not been great but Trump would be far worse.

Sadly by being "Terrified of events spiraling out of control" Biden has allowed things to get worse everywhere. Russia is now murdering Ukrainian civilians at will on drone safaris. Russia now thinks it can get away with anything. Israel is ignoring Biden. As is Iran. They all think there is no...