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

"We must stop team's spending what they like to get an unbeatable team and create an uncompetitive league"

In the context, it's obviously aimed at City and curbing our spending power
Agreed! We can start with rags , exhibit no 1.

Btw is there a debt ceiling in pl or is it free hit till you get bailed out by these unlawful rules?
 
No 2 separate points. 2024 amendments, will go. Shareholder loans going forward will be FMVed for market interest rates.

I assume the interest payments on directors loans (circa 10 per cent) will be applied to PSR calculations going forward and not retrospectively ?
 

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