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

[WRicko]

True.

But, Etihad are renewing the shirt sponsorship deal, as well as the Etihad stadium, and Etihad Campus. On that basis Etihad are getting huge worldwide exposure, especially via the PL, the CL, and the up and coming World Club Cup tournament in America.

Kit deals and shirt sponsorships are very different your paying for different things kit deals are not really sponsorship rather merchandise deals

 

[Gone for a Burton]

I wouldn't object if the PL said they wouldn't punish any club on this retrospective basis but I absolutely agree they should apply the interest retrospectively.

Not *punishment but definitely retrospective payment of interest at commercial rates.

The clubs have gained at least a commercial advantage if not a sporting one.

*The PL allowed their own members to have interest free, non repayable and or unsecured loans.

This fact alone could lead to professional negligence claims by clubs against the PL.

It could get Lionel !!

 

[WRicko]

I wouldn't object if the PL said they wouldn't punish any club on this retrospective basis but I absolutely agree they should apply the interest retrospectively.

What’s the point in applying it but not punishing I don’t see how that makes sense logically

 

[citizen_maine]

What’s the point in applying it but not punishing I don’t see how that makes sense logically

It ensures clubs need to account for it going forward, but don't get punished for it being outwith their control previously

 

[halfcenturyup]

A cause not helped by Richard Masters prioritising the objections of his masters over the legal advice of his lawyers….

Let's think about what City's position is now. I suppose we can assume the club's position is still that all the APT rules are currently null and void in their entirety.

The PL's document doesn't say, apparently, that the tribunal has clarified this issue. So where does that leave issues like the lawfulness of PSR, the restatement of PSR numbers for shareholder loans, the legality of sanctions issued under PSR and the rest?

Are we going to see further legal action from the club, as threatened before?

 

[cheekybids]

The 'advantage/benefit' has been available since the inception of the loan.

The accrued interest, penalties and sanctions must go back to the start of the loan.....at the very least

Brightons interest free share holder loans are a £100 million more than HH Sheikh Mansour paid for the entirety of City.

Retrospective interest should be set at the rate applicable at the time.

Brighton for example should be paying circa £24 million pa X the length of the loan. Everton could be paying substantially more.

However adva

The PL will try and fudge this with no retrospective interest payments because their own rules were UNLAWFUL.

However,commercial and sporting advantage has been gained and two wrongs never made a right.

These bastards signed up to the letter and wanted to destroy us.....fuck them long and hard City !!

futuis eos longa et dura urbe !

Would make a great motto…..

 

[halfcenturyup]

That was a revised times piece.

Lawton with time stamp


I had the 2 side by side and tweeted them at 2.17.

Sneaky Times not time-stamping their edits. Paper of record my arse.

Fair do's, though.

 

[halfcenturyup]

futuis eos longa et dura urbe !

Would make a great motto…..

Fuckius offus with your Latinus.

 

[cheekybids]

Fuckius offus with your Latinus.

I once claimed I knew Latin based on watching “A life of Brian.”

 

[WRicko]

It ensures clubs need to account for it going forward, but don't get punished for it being outwith their control previously

But what would it actually mean ? You apply it retrospectively and say to the club you would have failed but we don’t care ? We won’t do anything ? Why not just not apply it retrospectively ? What about existing loans going forward ? Are you saying don’t punish for that going forward as well