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

Let’s face it we won’t win any friends about this, except maybe those who will benefit (but they won’t thank us either). But the case against the PL has shown they have acted illegally and that must damage any residual reputation they had left, but the American lawyers will be rubbing their hands now, trying to destroy all clubs with links to the Middle East.
They will need to invest money & it’s not their preferred methodology. Spurs owners are already negotiating an equity sale to Amanda Staveley, Glasers already part sold to scruffy Jim. Bin dippers FSG lot tried to sell & couldn’t. Maybe the others will cash out or limit their investment
Recent history suggests the Yanks know when they are beaten or at least reached an unsustainable stalemate
 
From an Arsenal perspective this isn't great for us. The main ruling I see from this that impacts us is the fact that club owners can't give the club loans without having fair market value interest charged.

At present the Kroenkes loan the club £250m and as football is a risky business I'd say fair market value interest rates are around 8% so that's an extra £20m that needs to be factored into FFP moving forward.
Oh no.

Oh dear how sad.
 
I’d long become immune to any progress being made on this.

I was ideally surfing the internet and thought I’ll see what is happening in the world and went onto the BBC website.

Reading it (and I know nothing aboit the ins and out of case) I thought oh dear we’ve not done well here !
 
Just been trying to work out how the PL and BBC can claim that it mostly went in the PL’s favour. These are the previous two pages in the document that list where our challenges failed. The PL are using it as a fig leaf to cover their embarrassment at finding that their rules are unlawful.

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