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

Tim Lewis at Arsenal is going to be pulling his hair out now.

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I didn't know Art Garfunkel was a Tarquin
 
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.
Ah did you work that out all by yourself? If FFP/PSR is a tool to level the playing field then any cash invested has to be included in the calculation even if it owners gift.
Hopefully whether in the future or please God retrospectively it will provide you with a taste of your own medicine given your club has been behind FFP since day 1 with the dippers & the rags and let’s be clear some of that has been found unlawful
Just like when you bought your way up to division 1 without winning division 2
Same old Arsenal eh!
 

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