The law isn't simply black and white and can be interpreted differently by different experts. Even this panel of 3 expert ex judges didn't agree on all points. The CAS panel wasn't in total agreement. We often see verdicts in one court overturned in another.The question I have is that if the tribunal have found certain aspects of the PSR and APT rules to be unlawful, how did this come to pass ?
The PL had sought legal advice before drafting the rules , were they implemented despite the legal advice or was the legal advice simply wrong
In a nutshell yes, that's exactly how Mansour invests in our club.So, under the current rules 0% shareholder loans are accepted but they are now unlawful.
A few clubs will need to factor in FMA interest rates into their PSR.
We’re told an easy solution to this is to turn those loans into equity - if that shareholder has the appetite to do so (which is a big assumption).
So my question is, are shareholders now allowed to pump equity into a club, regardless of how much and, if so, is there anything stopping our owners from doing the same?
I haven’t a clue and would love some clarity on that if someone on here knows the answer
Only on the occasions your mask slips.
Another reporter who didn’t report any details of the actual Judgement. How strange that he has not included any comments from the Judges!It is a whopper as you say, just like him. I'm sure we'll see plenty more articles like this over the next few days as the ant City PR bandwagon revs up. It's a tad frustrating that the masses fall for it, but Harris and co know their audience. They can spin it how they want, but ultimately the victory is ours.
Apologies if posted already, I've just seen this, got to be honest not what I was expecting -
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