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

[give it to gordon]

They could still have passed UEFA’s FFP even with notional interest on loans deducted. Presumably they did. If the loans were declared

So two sets of books ! One for the pl and one for UEFA

 

[slbsn]

City say the rules are null and void. Why are they not?

s.2(4) of the Competition Act - the decision to bring in the rules was unlawful, therefore prohibited, therefore void.

Yes, City say that is their position. But the PL's position is clearly the opposite. My view is either the Tribunal will find a way to get to say everything pre 2024 are binding or the teams will easily pass a regime equivalent to the original APT at the first opportunity.

 

[slbsn]

The original APT rules have gone. They're unlawful too.

That is not decided. The Tribunal has not opined or gone that far.

 

[slbsn]

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

5-10 per cent I assume, yes.

 

[waspish]

No 2 separate points. 2024 amendments, will go. Shareholder loans going forward will be FMVed for market interest rates.

Will that be for loans now clubs have or they going to put in the rules that only loans from say November 1st are FMVed?

 

[slbsn]

Will that be for loans now clubs have or they going to put in the rules that only loans from say November 1st are FMVed?

Nobody knows - I suspect for the 25/26 calculation is most likely by way of some transitional allowance

 

[freshie]

No fan of Panja but that's a bit of a cheap shot bearing in mind @slbsn himself was saying the judgment was a score draw or a slight City win until recently.

Have to own up when you get something wrong. I do it all the time :)

You've completely missed the point - well done

 

[Bobby Taylor's Pub Team]

No fan of Panja but that's a bit of a cheap shot bearing in mind @slbsn himself was saying the judgment was a score draw or a slight City win until recently.

Have to own up when you get something wrong. I do it all the time :)

cheap shot : an act of deliberate roughness against a defenseless opponent

I had to double take there, you serious?

 

[The Stockport Iniesta]

Nobody knows - I suspect for the 25/26 calculation is most likely by way of some transitional allowance

Any idea on the timeliness about when we are going to hear about costs awarded? And about City's claim for compensation?

 

[Stoned Rose]

Don’t leave out @gordondaviesmoustache, he will be upset.

You disrespectful motherfuckers.