Stoned Rose
Well-Known Member
Needs a space between each one mate. Just makes it easier to read (for me and I know a few others have mentioned it on other people’s posts).
City launch legal action against the Premier League | City win APT case (pg901)
- Thread starter denislawsbackheel
- Start date
Needs a space between each one mate. Just makes it easier to read (for me and I know a few others have mentioned it on other people’s posts).
Someone should ask her about this.
Overview of Financial Losses
The London Stadium, home to West Ham United, continues to represent a significant financial challenge for the capital’s taxpayers, as revealed in the latest accounts from the London Legacy Development Corporation (LLDC). Despite efforts to mitigate losses by hosting concerts and other events, the stadium’s owner, E20 Stadium LLP, reported a staggering loss of £20.9 million in the financial year ending May 31, 2024. According to The Times.
Costs Versus Income: An Imbalance
The financial report highlights the disparity between the costs of maintaining the stadium and the income generated. Notably, West Ham United pays a relatively modest rent of £3.6 million per season, which covers none of the stadium’s upkeep costs such as heating, cleaning, or maintenance. This situation is compounded by the fact that West Ham retains all ticket revenues and a portion of the catering income, further skewing the financial equation in favour of the club.
Report: West Ham’s £20.9m London Stadium Loss Hits Taxpayers Hard
Financial Strain at the London Stadium: A Closer LookOverview of Financial LossesThe London Stadium, home to West Ham United, continues to represent a significant financial challenge for the capital��...sports.yahoo.com
On top of.
London Mayor Sadiq Khan has ordered an investigation into the cost of converting the Olympic Stadium into West Ham's new home. The move comes as it was revealed the conversion costs have jumped by another £51m to £323m from £272m. Balfour Beatty was in charge of converting the stadium under a £190m contract.
Can't stand K B but she did cracking deal for West Ham more fools the person or people who signed it of! Maybe she gave them something an envelope or an account in the Cayman islands! One thing that deal was unbelievable! Just think in another ten years it could cost the tax payer around 400/500m just think if someone from Saudi or Abu Dhabi owned West Ham and got that deal you'd never here the end of it
Colin Bell (genuine name)
Well-Known Member
There are 13 clubs in the premier league with shareholder loans. Everton £451m, Brighton £373m, Arsenal £259m, Chelsea, Liverpool, Leicester, Bournemouth, Wolves, Brentford, Crystal Palace, Nottingham Forest, Aston Villa and Fulham.
The APT rules were declared unlawful as they did not include shareholder loans, which we all now know was by design when drafting the rules.
If, going forward, APT are to be part of the Premier league rules then shareholder loans is the one and only ruling that MUST form part of the APT legislation otherwise they will once again be ruled unlawful.
To that end, how many of the aforementioned clubs will vote for APT to be part of the the Premier League rule book knowing that they will have to include interest payments on shareholder loans as part of their PSR calculations.
Associated Party Transactions as an entity is no longer an option for the Premier League given that 14 of the 20 members have to vote in favour and in my opinion the cartel clubs will have to come up with something a little more intelligent than the previous APT rules which have been shown to be targeted towards the Gulf owners.
I’m surprised the media were so quick to support the Premier League’s stance that City were successful in a couple of minor points and that the rules would be reinstated quickly with a couple of tweaks.
Actually after all the shit that the media have thrown at us over the past decade I am not surprised they are not willing to see what’s in front of their faces.
The likes of Panja, Delaney etc are going to struggle to resurrect their careers when the truth eventually comes out. Cunts!
The APT rules were declared unlawful as they did not include shareholder loans, which we all now know was by design when drafting the rules.
If, going forward, APT are to be part of the Premier league rules then shareholder loans is the one and only ruling that MUST form part of the APT legislation otherwise they will once again be ruled unlawful.
To that end, how many of the aforementioned clubs will vote for APT to be part of the the Premier League rule book knowing that they will have to include interest payments on shareholder loans as part of their PSR calculations.
Associated Party Transactions as an entity is no longer an option for the Premier League given that 14 of the 20 members have to vote in favour and in my opinion the cartel clubs will have to come up with something a little more intelligent than the previous APT rules which have been shown to be targeted towards the Gulf owners.
I’m surprised the media were so quick to support the Premier League’s stance that City were successful in a couple of minor points and that the rules would be reinstated quickly with a couple of tweaks.
Actually after all the shit that the media have thrown at us over the past decade I am not surprised they are not willing to see what’s in front of their faces.
The likes of Panja, Delaney etc are going to struggle to resurrect their careers when the truth eventually comes out. Cunts!
And this is exactly why club Execs shouldn't have a vote on PSR rules as it allows for a conflict of interest. The rules should be drafted by independent financial experts and take debt into consideration, instead of having the primary aim of 'unlawfully' restricting investment.
the blue panther
Well-Known Member
Fuckin' 'ell - I bet you're a scream at the literary luncheon.
gordondaviesmoustache
Well-Known Member
Fanny C was a malign ****.
wolviedinho
Well-Known Member
Everyone knew their place before city came along. City showed clubs that went below the radar and lost years competing due to bad ownership that one day you could rise again and achieve success. The league is all about the status quo.
1-4 Rags,Liverpool, arse, chavs/spurs
The rest make up mid table and relegation and sell their best players season after season. Now fans ask why do we have to sell? We want to compete and that means spending money they don’t want to spend.
We shook the foundations and as a result became the nemesis of any club who knew their place and didn’t need to worry about competing as long as the illusion of fair competition could be peddled to the mass football brain dead horde.
West ham know their place. As do Brighton, wolves, Brentford et al.
Mansour, Khaldoon, Txiki,Soriano and the main man Pep is what they were not prepared for. We gave the latter a blank canvas and his did the rest.
The Stockport Iniesta
Well-Known Member
- Joined
- 21 Aug 2008
- Messages
- 9,672
I think the Government are holding a big conference this week aimed at getting more foreign investment into the Country, because we as a Country need the investment.
Yet the PL are doing the absolute opposite in turning foreign investment into the Country down. All this at the behest of a few disingenuous cunts, with a twisted, self- serving view on how the PL should be run.
The Stockport Iniesta
Well-Known Member
- Joined
- 21 Aug 2008
- Messages
- 9,672
It doesn't sound like fair market value though, perhaps it needs looking into :)
Dribble
Well-Known Member
Surely fans of other clubs can see this?
The tribal nature of football astounds me. HOWEVER, yesterday I rewound to 2006 & City going nowhere fast under Pearce, & considered if what was happening to City now was happening to the Rags then, how would I have reacted?
I'd know FFP, PSR & APT were bollocks, but because it was hampering ManUre, I probably wouldn't give a shit & be all for it.
A few of us rounded on the Geordie who posted over the weekend, but if we were one of the mid-table - relegation fodder also rans, would we be so understanding of a successful club under sustained UEFA & PL attack?
Many of us wouldn't be if we're being honest...
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