Too true! Naught for our comfort in that lot of hot air. Echoes Stefan's pivotal dispute with City's legal team discussed so much in the thread - having the new Etihad & AD Bank deal reassessed under the pre Feb APT rules may well still result in them staying blocked - can't see any other win so why is it a good day for us on his take ?
I don’t think my content is for you - why watch at all especially as I’ve taken the time to explain my position to you personally in reply. The wins for City are clear but perhaps not enough for you unless they take the whole system down. City rowed back the Feb 2024 rules, established limits going forward for the PL, caused a few ripples re shareholder loans and got another bite at the Etihad transaction. But the fact that these points are limited was always my point when I explained why I thought it was only a narrow win at best.
BTW for the millionth time, City’s Etihad deal was never assessed under the Feb 24 rules. It was only ever assessed under the original ones. Presumably, if they still can’t get approval, any subsequent assessment is now under current rules so that is one reason City will be pleased the Feb 24 rules are gone.