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

[BeerIsTheBest]

They knew that excluding shareholder loans was unlawful but chose to ignore it after a club owner who has lent his club a substantial amount of money, interest free, asked them to exclude it. So they did.

Never mind Masters resigning, the NEDs who constitute the rest of the board should also resign over that as they're supposed to provide oversight.

PB. Enjoying your posts. Memory going a bit. The Feb 24 ammends included (I recall) club owners/ shareholders personal immunity from prosecution should rules be challenged.

If my memory is functioning would this have been a signal that this group were always wary that the tightened rules were questionable?

 

[lancs blue]

As I said highly unlikely but the panel , as I said in an earlier post, hasn’t save points around how fair value is processed or the impact of owners loans actually said that APT isn’t valid they have left matters hanging there

There is a second part of the panel's award to be published.

 

[Man_City_Loyal]

Man_City_Loyal
Yes. Thanks.
Put richard masters in search and it came up with select committee straight away.

thanks

 

[Mr Ed (The Stables)]

There is a second part of the panel's award to be published.

Will City and the Premier League know whats in the 2nd part of the panels award, or will they be waiting like everyone else for it to be given?

 

[Protein Junkie]

The red cartel clubs and their mouthpiece masters are on thin ground here and it’s clear we are starting to get the message out that maybe city is not the evil club we have been portrayed.

We are only deemed evil for two reasons.
* Having a vastly superior business model I.e. not American
* Being hugely successful as a result

 

[Man_City_Loyal]

This is another issue with the 115. We know interest free loans were left out of the APT regs at the insistence of at least one PL chairman.

How many of the other regs were introduced as a result of pressure, have been broken by other clubs (but not us!) but were not intended to apply to them?

which chairman??

 

[StillBluessinceHydeRoad]

Better. Break it up into four & it'd be perfect! :-)

Thanks. I'm not like Masters and the PL - I always take good advice.

 

[StillBluessinceHydeRoad]

which chairman??

Redacted?

 

[cheekybids]

They knew that excluding shareholder loans was unlawful but chose to ignore it after a club owner who has lent his club a substantial amount of money, interest free, asked them to exclude it. So they did.

Never mind Masters resigning, the NEDs who constitute the rest of the board should also resign over that as they're supposed to provide oversight.

When you joked about applying for the premier league financial regulator but you’d need a pay cut is actually feedback the league needs. The position will be filled but they won’t have the competence to do it. They want a yes man but it will take them back into the courts.

 

[Man_City_Loyal]

Redacted?

ahh ok, was wondering if the name had perhaps been mentioned