Blue Llama
Well-Known Member
- Joined
- 26 May 2009
- Messages
- 5,414
No, it wasn't ruled illegal to not include loans without interest just discriminatoryDo they have a choice, by law they now have to be included going forward surely?
No, it wasn't ruled illegal to not include loans without interest just discriminatoryDo they have a choice, by law they now have to be included going forward surely?
Fucking hell you have seven bread snappersTell me about it. I have sons aged 32, 30 and 28 and another daughter 26. Busy, busy.
Not if all APT rules are scrapped. The decision was it was not lawful to exclude them while including other associated transactions. Logically, if all APT rules are scrapped there is no problem.Do they have a choice, by law they now have to be included going forward surely?
That's not right. Excluding shareholder loans from the scope was one of the reasons it was ruled unlawful.No, it wasn't ruled illegal to not include loans without interest just discriminatory
Randy sod : - )Fucking hell you have seven bread snappers
Whatever they propose - they have still got to deal with the current irregularities. So they HAVE to pass changes to the rules that affected the “gulf” states. If the clubs with loans don’t have to pay interest then APTs are null & void. If they are not backdated, then all APTs prior to the new rules will be revoked & as we were badly affected, compensation will be sought (if it’s not already). Either way, the PL have got a huge mess to sort out.But can we get 7 votes? 1 City 2 Newcastle 3 Chelsea 4 Everton 5 Forest. Can't think of any others tbh.
If it’s a no vote situation then we still win because the APTs are illegal & we are due compensationThen they will have to put forward a vote that does get a majority, like shall we scrap APTs? Only takes a block of seven clubs standing firm.
As I said though, they will be lobbying for votes and won't put a motion forward until they have them, I imagine. They are already saying no vote next week, aren't they?
OK, so what I meant was that they will have to include loans but apply interest.No, it wasn't ruled illegal to not include loans without interest just discriminatory
In that case, the rules remain illegal I think!!Yup. I can imagine Arsenal and Brighton voting against rules which include shareholder loans as APTs. They might only support a complete scrapping of APT rules and some other mechanism to stop excessive spending. What fun.