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

[MCFC1993]

 

[StillBluessinceHydeRoad]

I am still rather confused. Part of the 115 charges brought against City appear to be that the club has tried to disguise owner investment as sponsorship . Now it appears that some owners of some clubs have made sizeable loans free of interest to their clubs. There seems to be no time limit on these loans and no deadline by which they must be repaid. The most notable beneficiaries of such loans were Chelsea which received £1.5 billion from their owner, never paid a penny in interest and were told in the end that their owner didn't want a penny back. I know no shares changed hands, but I'm perplexed as to whether this practice should be described as an APT at (much) less than FMV, disguised owner investment or as a classic example of that heinous practice, financial doping. Any suggestions, gooners, seeing as your club has real expertise in this area of football finance?

 

[Xhavenjoe]

I swear if (not tempting fate) we succeed in the 115 case I’m going to hire a skip full of popcorn, crack open a case of red and spend a week or so watching the bodies of our enemies float by.

I'd change it to a skip full of porn

 

[jrb]

Sly Sports News told to get the unity message out to the Red Shirt Cartel fans.

 

[MCFC1993]

Sly Sports News told to get the unity message out to the Red Shirt Cartel fans.

I'll bet you it's not as many as they're making out.

We know Liverpool and United essentially voted him in, so it's them 2, probably Arsenal because it suits them to be against us and then maybe a handful more. I reckon we're getting close to a big split in the league.

Regardless of how other clubs feel about City they can't honestly think Masters is doing a good job. I mean look at how Chelsea and Leicester got off of their potential charges, the rules drafted are a mess and they're clearly not fit to govern.

 

[BobKowalski]

Sly Sports News told to get the unity message out to the Red Shirt Cartel fans.

Strange. Anyone would think the PL lost the tribunal hearing. Perhaps they meant ‘hold a celebratory bash’ in his honour.

 

[cheekybids]

Assuming the quote isn’t completely made up.

Oh its definitely made up…. I know because it said ‘source’.

 

[Blueskyson]

Noel Gallagher calls for Richard Masters to QUIT the Premier League: Oasis star slams CEO as 'mouthpiece for the red cartel' as Man City fan signs petition amid civil war between champions and league

 

[Dannyblue52]

Confidence in Nielsen is surely tarnished, as we asked them for a FMV and the PL asked them for a FMV a few years later. The PL valuation using the same methodology was much lower than the valuation we paid them to give us.

So as another poster said earlier, Nielsen will deliver whatever result their client pays for.

Could we sue them for the loss of income if they made a lower valuation without good reason. The club could lose millions in sponsorship directly due to a spurious valuation.

 

[jrb]

I'll bet you it's not as many as they're making out.

We know Liverpool and United essentially voted him in, so it's them 2, probably Arsenal because it suits them to be against us and then maybe a handful more. I reckon we're getting close to a big split in the league.

Regardless of how other clubs feel about City they can't honestly think Masters is doing a good job. I mean look at how Chelsea and Leicester got off of their potential charges, the rules drafted are a mess and they're clearly not fit to govern.

Spurs, Brighton, West Ham, etc.