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

[Father Paul]

Clearly the PL lawyers say yes, while our own say no.

So we simply don’t know.

I don’t think we’ve learned anything at all today.

That's the problem. This needs to be settled once and for all in the High Court. These Tribunals are a fucking joke. Held in private, costing millions and not arriving at anything definitive. There is something rotten at the core of the PL, and for me it is a lot more than an obvious antipathy towards our great club.

 

[blueste41]

The IC have said it's unfair and unlawful if shareholder loans aren't included in the calculations. That is still the case with this new rules. I have no idea what you're going on about tranfers for

You have misunderstood, they have said it's unfair if FMV interest rates aren't included in the PSR calculations. Your statement "unlawful if they aren't included" demonstrates this, you were claiming that shareholder loans were being used to prop up clubs to meet PSR this would mean they WERE included.
The transfer analogy was regarding you saying that they are unfair because other clubs don't have shareholder loans, nobody is stopping them from getting some so you can't blame other clubs if your owners aren't prepared to provide them!

 

[BerkshireBlue]

You have misunderstood, they have said it's unfair if FMV interest rates aren't included in the PSR calculations. Your statement "unlawful if they aren't included" demonstrates this, you were claiming that shareholder loans were being used to prop up clubs to meet PSR this would mean they WERE included.
The transfer analogy was regarding you saying that they are unfair because other clubs don't have shareholder loans, nobody is stopping them from getting some so you can't blame other clubs if your owners aren't prepared to provide them!

I have not misunderstood, what do you think the word "calculations" is in my sentence for. The IC have specifically said that APT rule are unlawful because the shareholder loans aren't included in the calculations. It's there in black and white if you actually read the judgement. Your analogy has no point whatsoever that I can see. The fact is shareholder loans are still not in the calculations before 21/11/24 including the rolling 3 year periods for PSR. It's that simple

 

[55yr old teenager]

And even more piss having done what they’ve done today rather than waiting for the tribunals decision!

Is there a possibility the PL have been give info from the IC on the qt that they would be OK to go ahead with the vote?

 

[blueste41]

I have not misunderstood, what do you think the word "calculations" is in my sentence for. The IC have specifically said that APT rule are unlawful because the shareholder loans aren't included in the calculations. It's there in black and white if you actually read the judgement. Your analogy has no point whatsoever that I can see. The fact is shareholder loans are still not in the calculations before 21/11/24 including the rolling 3 year periods for PSR. It's that simple

Calculations on the interest shareholder loans would attract if they were provided by a financial institution not the loan amount!!!!

 

[meltonblue]

Is there a possibility the PL have been give info from the IC on the qt that they would be OK to go ahead with the vote?

Id find that very highly doubtful. In fact id just say no!

 

[The Stockport Iniesta]

Is there a possibility the PL have been give info from the IC on the qt that they would be OK to go ahead with the vote?

I don't think they could give information to the PL and withhold it from City.

 

[Bluearmy]

Is that not what they already are doing?

Yes and we then take them to tribunal and possibly court over it…

 

[55yr old teenager]

Id find that very highly doubtful. In fact id just say no!

Why?

 

[BerkshireBlue]

Calculations on the interest shareholder loans would attract if they were provided by a financial institution not the loan amount!!!!

View attachment 138719

ffs it's still calculations. You are missing the entire point.