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

bridgeno1 said:
Yeah but it isn't retrospectively applied. So they'll have to factor in an extra £20m for the loans or so however in reality what you'll see is a massive Walmart sponsorship deal at whatever value the Kroenkes can get away with so I don't think it affects Arsenal in reality as that will just replace the shareholder loans. It's the same money basically.

Smaller clubs without super wealthy owners who own other massive companies may feel it more though.
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Its more than that though as if you take Brighton as an example they may choose to vote against a new set of rules that essentially whacks c£90m onto each PSR cycle of new costs and there will be others in same boat. In addition why would Kroenkes wife's family stick money into Arsenal ? And is that not exactly what APT was meant to stop. There is no way they cough up £200m in sponsorship to cover the loans although Kroenke himself may try to cover the interest in some form of sponsorship (doubt it as he would be losing £40m a year , the £20m he forego's in earning power and £20m to cover the PSR shortfall). Its a big blow to the Arse.
 
HelloCity said:
Tim Lewis at Arsenal is going to be pulling his hair out now.

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I think he’s started
 
Interesting thought for the day...

Will City be paying themselves 1/20th of the lost income penalty charge?
 
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