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

Prestwich_Blue said:
In Everton, Brighton, Arsenal and Liverpool's cases, the providers of funding ARE the shareholders.

I have a loan I took out to buy some expensive camera equipment. I'm paying the capital and a commercial rate of interest (although it's a very decent one) on that loan. The provider had to be sure I could finance that, so I had to give details of income and expenditure, which it accepted.

The thing about interest-free loans is that clubs are paying back neither the interest nor the capital. That allows them to spend that money on transfers and wages. If clubs were required to pay back shareholder loans over a maximum set period, or were required to disallow what they would have paid on repayment of capital and interest from their accounts, then that would be fairer.
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Yes to all that. I wasn't thinking from a PSR viewpoint, or from an APT viewpoint.

I am asking how it can be legal for the PL to tell a company not subject to PL rules that it has to change the terms of a perfectly valid loan agreement because it can't finance a subsidiary with soft loans even if it is beneficial for it to do so, or has to change the terms of a perfectly valid sponsorship agreement because the PL considers it not at fmv.

Especially as the directors of those companies have no responsibility to the PL at all, but they do have a responsibility to their shareholders which I would imagine must take precedent.
 
The perfect fumble said:
And that is the point.

The new rules that Masters was spluttering about last week, could well be painstakingly re-constructed over a sufficient period of time, and they could, though it's unlikely, produce a robust masterpiece of meticulous exactitude, compliant with UK commercial law in every aspect, or maybe not, but even if they pull off this masterpiece of in-house corporate legislation, it'd still be a crock of shit.

Because it's not the slap dash, make it up on the hoof, nature of these rules that's the real problem, though that was one of the reasons we scored such a significant victory, it's their purpose.

And their purpose cannot be addressed without stating what it is, as opposed to what is spun, and the biggest clue to what it is, is to ask who is best served by these rules? And to get there you follow the money, in this case "old" money, and when you do that you'll find where the real power lies in the Premier League, and what really motivates these powers behind the throne.

Everyone in here knows who the real power brokers in the Premier League are, what drives them and so on, and that Masters is simply their puppet. It is no coincidence that City were happy to take our UEFA case to CAS, happy to take this APT nonsense to arbitration and likewise the 115, because each time we do we're taking these trumped up charges away from the festering shit pits of self interest that spawned them, away from the power brokers and their puppets, and into the light of arbitration, governed by law and facts and reality.

That's why we're confident we'll smash the 115, because we know that nothing these self interested fuckers cook up can stand scrutiny when exposed to impartial legal professionals.
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What a fucking great post that is!!!
 
Screenshot_20241013_204138_Chrome.jpg

Premier League rivals West Ham and Manchester City have enjoyed a close bond for nearly four decades but now it’s in jeopardy.

Karen Brady: “Manchester City versus the Premier League feels like a boxing match, where at the end of the final round both fighters put their hands up claiming the victory,” Brady said.

“If the judges of this heavyweight bout were the public, then City would be clear winners. They not only have the world’s best team on the pitch but also have the best off it too

“The Prem needs a financial system to ensure that football is, remains and will always be competitive. The undiminished competitiveness of the Premier League is the envy of every other foreign league and club and the reason why our top-flight is the best in the world.

“No one wants it to become a competition between too few clubs, usually by the rich ones who can afford multiple multi-million transfer fees and top wages.

“So next week clubs have to agree to make the necessary changes to the APT rules to address the Tribunal’s concerns.

“This requires 14 votes — at least 14 clubs have to agree — or the whole system is thrown into chaos…

“It needs to be so that the system can continue to be effective.

“We must stop clubs spending whatever they like to get an unbeatable team and create an uncompetitive league.”

It’s fair to say Hammers vice-chair Karren Brady is not the most popular individual among the club’s fans.

One look at social media shows many West Ham fans making it clear to their Man City counterparts that Brady doesn’t speak for them.

Opinion: What the actual fuck!

"The Prem needs a financial system to ensure that football is, remains and will always be competitive."

Has Brady looked at the PL net spend league over the last 10 years? With braindead executives like this in boardrooms up & down the UK, is it any wonder the PL finds itself up to the neck in dudu?

https://www.hammers.news/columnist/...-friendships-in-football-with-man-city-blast/
 
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Dribble said:
View attachment 134862

Premier League rivals West Ham and Manchester City have enjoyed a close bond for nearly four decades but now it’s in jeopardy.

Karen Brady: “Manchester City versus the Premier League feels like a boxing match, where at the end of the final round both fighters put their hands up claiming the victory,” Brady said.

“If the judges of this heavyweight bout were the public, then City would be clear winners. They not only have the world’s best team on the pitch but also have the best off it too

“The Prem needs a financial system to ensure that football is, remains and will always be competitive. The undiminished competitiveness of the Premier League is the envy of every other foreign league and club and the reason why our top-flight is the best in the world.

“No one wants it to become a competition between too few clubs, usually by the rich ones who can afford multiple multi-million transfer fees and top wages.

“So next week clubs have to agree to make the necessary changes to the APT rules to address the Tribunal’s concerns.

“This requires 14 votes — at least 14 clubs have to agree — or the whole system is thrown into chaos…

“It needs to be so that the system can continue to be effective.

“We must stop clubs spending whatever they like to get an unbeatable team and create an uncompetitive league.”

It’s fair to say Hammers vice-chair Karren Brady is not the most popular individual among the club’s fans.

One look at social media shows many West Ham fans making it clear to their Man City counterparts that Brady doesn’t speak for them.

Opinion: What the actual fuck!

"The Prem needs a financial system to ensure that football is, remains and will always be competitive."

Has Brady looked at the PL net spend league over the last 10 years? With braindead executives like this in boardrooms up & down the UK, is it any wonder the PL finds itself up to the neck in dudu?

https://www.hammers.news/columnist/...-friendships-in-football-with-man-city-blast/
Click to expand...
Not sure it really hits out at us
 
Dribble said:
View attachment 134862

Premier League rivals West Ham and Manchester City have enjoyed a close bond for nearly four decades but now it’s in jeopardy.

Karen Brady: “Manchester City versus the Premier League feels like a boxing match, where at the end of the final round both fighters put their hands up claiming the victory,” Brady said.

“If the judges of this heavyweight bout were the public, then City would be clear winners. They not only have the world’s best team on the pitch but also have the best off it too

“The Prem needs a financial system to ensure that football is, remains and will always be competitive. The undiminished competitiveness of the Premier League is the envy of every other foreign league and club and the reason why our top-flight is the best in the world.

“No one wants it to become a competition between too few clubs, usually by the rich ones who can afford multiple multi-million transfer fees and top wages.

“So next week clubs have to agree to make the necessary changes to the APT rules to address the Tribunal’s concerns.

“This requires 14 votes — at least 14 clubs have to agree — or the whole system is thrown into chaos…

“It needs to be so that the system can continue to be effective.

“We must stop clubs spending whatever they like to get an unbeatable team and create an uncompetitive league.”

It’s fair to say Hammers vice-chair Karren Brady is not the most popular individual among the club’s fans.

One look at social media shows many West Ham fans making it clear to their Man City counterparts that Brady doesn’t speak for them.

Opinion: What the actual fuck!

"The Prem needs a financial system to ensure that football is, remains and will always be competitive."

Has Brady looked at the PL net spend league over the last 10 years? With braindead executives like this in boardrooms up & down the UK, is it any wonder the PL finds itself up to the neck in dudu?

https://www.hammers.news/columnist/...-friendships-in-football-with-man-city-blast/
Click to expand...
Where’s the anti-City jibe?
 
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