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

Think the biggest issue will be loan interest and will result in the rules entangling a whole bunch of clubs who will have to make some serious decisions on financing or rule changes. That is where I think this will have huge implications and more so if the rules as they are fall. Spurs have around a £billion in loans although I suspect they are all commercial , Everton were close on £500m of shareholder loans , Brighton £300 million , Arsenal you say £200m , Liverpool had £100m , Bournemouth £60m so should be interesting.

“Financial doping” I believe is the term.

There’s nothing like giving some **** a taste of their own medicine.
 
For sure you don't apply penalties to rules that weren't in place at the time.
But your accounts didn't show the interest that should have accrued on those interest free loans.
The PL, Arsenal, Brighton et al, can't just ignore the ruling, the PSR submissions will have to be amended. If that puts some clubs in historical breach of PSR then they should be sanctioned.
If not, then Forest and their lawyers will be rubbing their hands with glee!
 
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