City launch legal action against the Premier League | City win APT case (pg901)

[Rammy Blue]

I also wonder if our approach here could suggest things are going well in the current hearing? I’m no expert but is this another way of keeping the Premier Leagues legal team very busy during the 115 hearing?

Nah, we will be smashing them all over the park in the 115 too, flexing our muscle when the time is right, and that time is now.

 

[Bodicoteblue]

Yeah this is the red flag of all red flags from KFA’s.

If we had the ability to bribe our way out of it, then why didn’t we bribe to not have the rules in the 1st place, or even have rules that assist just us.
Why would we only bribe at the final stage of a process that sees the clubs reputation dragged through the mud for years/decade.

It makes no sense… which is the point. If anyone states that, their views can be ignored as insane and ungrounded in reality.

…..and if we are bribing the tribunal and virtually everyone else then why do we need to spend squillions on a top flight legal team when a bunch of ambulance chasers who advertise on talkshit would do the job on an already ‘won’ case?

 

[cheekybids]

How many steps ahead of these blundering fools do you think City are. They probably had that email composed before the hearing.

 

[brazilians hurt]

Stefan has just thrown us under a bus - judgement 'not significant' and it's left to Lord Jaw Jaw to point out the obvious. Really disappointed with this lad.

He’s a lawyer & they never put their arse into the wind. Everything and anything is possible in law that’s how it works for them

 

[TinFoilHat]

Listening to Talkshite and as much as I respect Stefan's opinions I think his sit on the fence opinion today isn't useful.

He doing his best to be balanced so they don't throw back at him he's a blue.

Unlike their southern rag chief football correspondent and the blonde Scottish woman spitting feathers this morning.

 

[halfcenturyup]

from the BBC

'Concerns that clubs could be hit with additional costs'​

BBC News sports editor Dan Roan
Both sides are claiming victory, and in truth the judgement contains something for both City and the Premier League.
League sources are emphasising the fact that most of City's challenges to the APT rules failed, and that the wider system was endorsed by the panel.
They also seem confident that the rules will be swiftly amended by the clubs within two weeks in order to make them lawful.
But the panel's ruling that the exclusion from the rules of interest-free loans from owners to their clubs (shareholder loans) was unlawful, has led to concerns that clubs could now be hit with additional costs that they were not anticipating.
This could mean some are in danger of breaching PSR regulations. The suggestion is that such loans will now be subject to commercial market rates of interest.
That could have major ramifications for those clubs that owe tens (or even hundreds) of millions of pounds to their owners.
The Premier League seems relatively relaxed about that issue, along with speculation that City and other clubs could seek compensation for any losses suffered by the rules.
On shareholder loans, league officials believe a fair market value analysis of such borrowings would be placed on the cost of the loan (i.e. the interest rate), not the value of the loan itself, and that the impact on clubs, therefore, would be minimal.
They also feel that such loans will only come into the scope of APT once the rules are amended, and will not be applied retrospectively, so only future loans will be affected.
However, BBC Sport has learned that City’s lawyers believe that not subjecting previous shareholder loans to a Fair Market Value assessment (while continuing to apply it to previous sponsorship deals) would be unfair, and that they may seek an injunction to prevent the Premier League from doing so.
But there will be fears from some in the game that any weakening of APT rules designed to preserve fairness and competitive balance could lead to certain clubs being able to sign more lucrative commercial deals.
There is also the question over whether this could have an impact on the 100-plus charges the league has brought against City for alleged financial rule breaches. City deny wrongdoing, and a hearing into the case continues.
Whatever the consequences, what is clear is that this dispute has reinforced the sense of division among the clubs over the financial regulations they are subject to.

Well, fuck me. An injunction to stop the PL making interest free shareholder loans only interest bearing pro-actively? The club isn't planning to mess around.

 

[HarrytheBlue]

The substantive points of the decision were won by City, I don't know what Stefan's smoking.

Yep, won the case on the main substantive points.

 

[Blue warrior]

Jordan saying more of a City win than Stefan

Stefan always plays us down

 

[OrigamiNinja]

Listening to Talkshite and as much as I respect Stefan's opinions I think his sit on the fence opinion today isn't useful.

Rightly or wrongly, Stefan has been getting splinters in his arse more and more in recent months.

 

[ancoats]

Good Morning to all the other premier league clubs just waking up

Breaking News.....

Manchester City have agreed to a new 20-year sponsorship deal with The Flintstones, But the Premier League don't understand it, But in Abu Dhabi they dooooooooo