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

[waspish]

The mention of hedge funds etc just made me think - if some American owners are basically funded by hedge funds, then surely the PL should need to know what those hedge funds are investing in?

I know very little about this, so if it's basically nonsense I apologise.

But if a hedge fund invested into a company such as... Team Viewer, for example. And then that company goes on to sponsor a club, surely that would break some kind of rule?

Is this possible? And are there checks?

People who invest into a hedge fund I think have anonymity so if that the case we don't know what's going on with them! Think it's one of the reasons hedge funds purchases of sporting clubs are not allowed in America..

 

[Gone for a Burton]

It does, and whilst it’s very safe and I’ve never once felt threatened or intimidated living here, there’s a certain degree of censorship when it comes to reported crime, so I’d take it with a pinch of salt.

Shuuuusssshhhh !!

 

[waspish]

So if City win this case, can say Newcastle sponsor themselves for 200 million a year?

No there still fair value assessment like uefa have

 

[mattcity5]

People who invest into a hedge fund I think have anonymity so if that the case we don't know what's going on with them! Think it's one of the reasons hedge funds purchases of sporting clubs are not allowed in America..

Does that mean that there's no way of telling what's a related party transaction for clubs owned by hedge funds?

 

[Invisible Man's Bandage]

Could just say very wealthy owners.
It's like when people mention the ethnicity or sexuailty of a person without any need to.
It's probably subliminal and unintentional, but discriminatory nonetheless.

There is clearly a huge difference between 'oil money' and any other sort of money......

 

[gordondaviesmoustache]

Has anyone heard about these unconfirmed reports that City have secured "potentially significant victory"?

 

[M18CTID]

Guessing United, Liverpool and Arsenal after a meal somewhere.

I’ve absolutely no idea what you’re referring to ;)

 

[M18CTID]

Has anyone heard about these unconfirmed reports that City have secured "potentially significant victory"?

No, but I’ve just found out that Dave Whelan broke his leg in the 1960 FA Cup Final

 

[Nascent Blues]

Has anyone heard about these unconfirmed reports that City have secured "potentially significant victory"?

Are you able to confirm that you can confirm they are unconfirmed?

 

[bluenova]

Could just say very wealthy owners.
It's like when people mention the ethnicity or sexuailty of a person without any need to.
It's probably subliminal and unintentional, but discriminatory nonetheless.

I understand that point, but I don't think this is the same, because my argument is that it's relevant. It's not just very wealthy owners, it's owners with the resources of a nation state (which our owners indirectly have, even if we're not state owned).