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

[stirlingblue]

I think you have also misunderstood the current APT rules. Contracts have to be re-written to fmv, it's not just a question of adjusting the PL impact for PSR:

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Which, again, is my question. What legal right does the PL have to impose that on a company not subject to the PL rules or, for that matter, even a company that is subject to the PL rules.

The short answer to your original question is it is definitely NOT illegal to provide a soft loan. The question of whether it should be adjusted - for PSR calculations only to comply with PL rules - has I believe been answered by the decree of the tribunal as it relates to each clubs 'membership' of the PL. The stuff about re-writing contracts is outside my pay grade and I'm definitely not qualified to comment with any authority whatsoever.

 

[Keeper!]

How did these rules get signed of by the pl legal team ?

Their advice was ignored.

 

[halfcenturyup]

The right is that if a club wants to play in the PL it must abide by the PL rules.

What right do I have to tell you to take your shoes off? None whatsoever

unless you want to come in my house.

Oh. Fair enough, then. It's that simple?

Nothing about "abuse of a dominant position requiring directors to foresake their Companies Acts responsibility to perform their duties for the benefit of their shareholders", or some such?

A little disappointing, but I can understand the principle, at least :)

A contract has two sides, though. What about the third party? What right does the PL have to insist that a third party, who doesn't even want to come into your house, also has to take his shoes off?

 

[cheekybids]

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.

It’s never independent, there will always be someone lobbying the rule makers.

 

[Inca Roads Bert]

It'd be ace if Bobby was called and did the hand talking gesture to the panel.

 

[blue b4 the moon]

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That's the one.

 

[applecentral]

I'll second that.....

I haven’t got time for all this.

 

[Stoned Rose]

Fuckin' 'ell - I bet you're a scream at the literary luncheon.

I’m a scream full stop love.

 

[KS55]

You spelt it wrong!

I leave the correct spelling to those who wish to be thought of as BM’s very own thesaurus, dictionary, lexicon, encyclopaedia, reference, word store. My spell checker does not recognise the word. Does it really exist?

 

[halfcenturyup]

I leave the correct spelling to those who wish to be thought of as BM’s very own thesaurus, dictionary, lexicon, encyclopaedia, reference, word store.

You wrang?