feedmpenzaandhewillscore
Well-Known Member
By applied retrospectively, that presumably means that any existing interest-free loans should start to be given a value from the implementation of new rules. The alternative would be that that value could have accumulated since the loans were made - but surely better to say that would be unfair (just like rules designed to apply retrospectively to City).
Well if you look at the theory of 115 charges, if one year of what they are accusing Cify of is wrong that means that every year after is wrong. Apply that to the psr rules which were deemed to be illegal. Every club has operated in an illegal manner, back date that over various years. It doesn’t make comfortable viewing.