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

It’s not the value of the loan but the saving on interest that will be taken into account for FFP.

I seem to remember Liverpool writing off multiple years spending on their non-existent new stadium, all in one set of accounts to fudge FFP.

I'd suggest all the backdated years of unpaid interest, on their owner loans, should now be combined into one year.

In the meantime, City can probably spare a few asterisks for their honours*
 
The interesting bit now is I can’t see them getting enough support to implement what should be a lawful version of the rules…
 

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