I am afraid you’ve lost me, mate. :-)Remember nose digging sleeping bag economics scientist?
You absolutely would think so wouldn’t you. That’s exactly what this suggests is happening though. Arsenal to the extent of 200+ million have had interest free owner investment. No idea what impact that’s had on their PSR, but it stinks and just shows how manipulative the rules they have cooked up are.
it wasn't at all it hadn't been mentioned at allThink it was pretty obvious they’d denied us potential sponsorships tbf mate.
He did say, supposed to. He knows it’s a crock, would be my bet.
that french **** who invented the term sports washingI am afraid you’ve lost me, mate. :-)
Aside from the newfound scrutiny and the expense of doing so.I’m assuming there’s nothing stopping owners converting debt to equity ?
It depends on what the new rules are. For sure you don't apply penalties to rules that weren't in place at the time. But it now means APT transactions aren't arbitrarily capped by the PL. I'd say that's particularly good news for Newcastle as well.