City & FFP | 2020/21 Accounts released | Revenues of £569.8m, £2.4m profit (p 2395)

[MillionMilesAway]

Hmmmm. Presumably it's only a 3 week block to enable the PL to take legal advice, hopefully because they're being threatened with legal action. If so, we'll find out what that advice is shortly after.

That may be right - I can't see much point in a three week block.

 

[eastmanc]

In the Guardian as well.
They incorrectly refer to the Etihad deal as a “related party”.
Useless.

“It is believed that they did so on the basis of legal advice that the process was unlawful. City, who are owned by the Abu Dhabi United Group, have had deals that are known as related party transactions. An example was the one that saw Etihad Airways, the Abu Dhabi government-owned carrier, sponsor them.”

Premier League clubs vote to block Newcastle sponsorship deals at emergency meeting

Premier League clubs voted through legislation designed to prevent the Saudi owners from striking lucrative sponsorship deals

www.theguardian.com

They understand jack shit about FFP but still they use it as a stick to beat us with.

 

[Blue Llama]

Leicester voted in favour from the comfort of their King Power stadium? How hypocritical can you get?

My understanding is that related sponsorship is currently acceptable but not be artificially high which is what we were accused of. I think Etihad have had a bargain considering all the trophies and exposure over the years. Specifically when compared with the Emirates who sponsored Arsenal who have won sod all for similar money at the start.

 

[Manchester33]

It riles me how we're constantly referred to as 'state owned'. Or that our 'owners' are from Abu Dhabi.

No, we have one owner from Abu Dhabi (who to be fair is linked to the royal family there, but not the head honcho. We have American owners and Chinese owners. We get lumped in with PSG and Newcastle who are literally state owned.

 

[SilverFox2]

The Premier League are under pressure from the red shirts for something to be done.

So they've opted to be seen to be doing something, while actually doing nothing.

Which suits them all.

Keeps the kettle boiling in the media without them having to prove any of the allegations or lies.

 

[SilverFox2]

Interesting. Looks like war between the 2 Arab-owned clubs & the PL.

I thought cartels were not illegal within the football sector of business (cf barrier to entry against City).

 

[waspish]

It riles me how we're constantly referred to as 'state owned'. Or that our 'owners' are from Abu Dhabi.

No, we have one owner from Abu Dhabi (who to be fair is linked to the royal family there, but not the head honcho. We have American owners and Chinese owners. We get lumped in with PSG and Newcastle who are literally state owned.

Apparently why they keep this state owned even though we owned by an individual is his wealth came from his royalty!

 

[waspish]

Saudi should pull out all there sponsors to those premier clubs they sponsor who oppose them!

 

[Lavinda Past]

Saudi should pull out all there sponsors to those premier clubs they sponsor who oppose them!

Ouch!

Nice one! Shame they wouldn't do it.

 

[vicblueman]

Once again it will be the usual yank owned clubs having their secret meetings with ploys to stay at the top ,then going to the little sheep prem clubs to back them & vote unanimously with them .