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

[GOULDYBOBS]

It most likely was after UEFA fined us. Though I saw it as a warning that he nor City would accept any rules that were obviously set up to hamper the progress he and the owner had mapped out for City, from a near bankrupt club, to now one of the highest earners, debt free and profitable clubs in world football. The cartel chose to ignore the warning as they think they have the power to ruin any club. The gloves are now off and there can only be one winner, whoever that is, there will be no draw.

Gave me shivers that. Rising from the ashes, that shit bird we had on the old badge

 

[ShakesSpeare]

Answer

FMV is clearly whatever the less successful clubs decide it should be.

I disagree. I happen to think that some of the "big" or "successful" (as you say) clubs exert great, great control over what the Premier League decides Fair Market Value is and how it should be changed. Some "successful" PL clubs do that to help themselves and ruin their rivals.

 

[SSBlue]

I think most fans don't understand all these financial rules. Seems us Citizens are becoming experts lol.

Talking to a Brighton fan the other day I asked if he was worried about Brighton having to pay interest on the clubs loads ?
He replied no we won't have to pay an interest on them as they are loads from the owner !

I'm pretty sure no one is forcing Brighton to pay interest.

The rule change is that Brighton's PSR calculation needs to deduct interest that would normally be paid on the loan value, at market-rate %

 

[give it to gordon]

I disagree. I happen to think that some of the "big" or "successful" (as you say) clubs exert great, great control over what the Premier League decides Fair Market Value is and how it should be changed. Some "successful" PL clubs do that to help themselves and ruin their rivals.

I don't understand why FMV is needed, if person A wants to invest in person B to help both become successful. Why has your rivals got a right to say how much person A can invest. That to me in a free market place seems bonkers

 

[give it to gordon]

I'm pretty sure no one is forcing Brighton to pay interest.

The rule change is that Brighton's PSR calculation needs to deduct interest that would be due on the loan value, at market-rate %

That's what I said I think lol

 

[Xhavenjoe]

You might be surprised how much talking goes on up there! 8-16 hrs, no movies, and only so much you can eat!! ;-)

Is that Mile High club only a myth?

 

[meltonblue]

I don't understand why FMV is needed, if person A wants to invest in person B to help both become successful. Why has your rivals got a right to say how much person A can invest. That to me in a free market place seems bonkers

Ultimately as soon as they allowed Newcastle to be owned as they are, it was either bring in FMV assessments or just do away with any financial restrictions altogether.

 

[cleavers]

Are you new here? :)

More like new born perhaps.

 

[cleavers]

You might be surprised how much talking goes on up there! 8-16 hrs, no movies, and only so much you can eat!! ;-)

Photo's or we don't believe you ;-)

 

[Prestwich_Blue]

Is that Mile High club only a myth?

Yes. They usually only start sniffing glue in the cockpit once they've got above 30,000ft