Rory Bluelow
Well-Known Member
- Joined
- 4 May 2014
- Messages
- 2,017
The very idea that a benchmarking process can look accurately into the value proposition of sponsorships to global corporations (whose evolving business models & future plans they cannot understand) is simply laughable imo. It’s like nailing smoke to a wall. Overlay Regional/Geopolitical realities onto the global growth of the EPL and many corporations will want to associate themselves with the dynamic and mega-rich Gulf States. The “evidently” approach would at least mitigate against some of the crudeness inherent in benchmarking. How can Masters and his merry band at PL HQ manage the complexity of these issues - at least Government through Regulation may have a chance of doing so. The bigger picture is there may be a few hiccups along the road but no way are City going to lose here, nor in the ongoing 115/129/130 charges. Buckle up blues.Amongst other things, including the switch on burden of proof and the removal of wording that substantially weakened the margin for error in the PL's calculations. Points that were accepted by the panel and were one of the reasons the new rules were declared unlawful. Big "win" imho.