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

johnny crossan said:
"The Premier League, its rulebook and executives are facing a firing squad but are now asking to inspect the guns to ensure they fit professional standards. What a shower they are."
Martin Samuel today
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They will be fine the firing squad will be composed of darwin nunez, joshua zirkzee, anthony and timo werner
 
Will Arsenal and Brighton and Everton vote for revised rules that hit them the hardest?
And the answer is...
 
gordondaviesmoustache said:
I think upon a little reflection the extent of City’s victory depends on the club’s objectives. If it was to destroy APT (which I highly doubt) then it’s correct to say it’s somewhat limited, although still material. If it was to recalibrate the rules (which I expect it was) then the success would have to be, at the very least, characterised as highly successful.

However, what cannot be open to debate is the extent of the PL’s defeat. A de facto public authority having a finding that its rules were unlawful, as was the way they were applied, is huge. As are the findings of procedural irregularity and unfairness.

To fail to understand this is to fail to appreciate the function of an authority such as this, the laws of natural justice and the burden and standard of proof required to establish such findings.

This following from the Leicester shambles further underlines this organisation is not even close to being fit to oversee a multi-billion pound industry that has attained huge strategic and commercial importance to the UK.

That should be the story, but instead all we have is mental gymnastics from the media about how neither side won - when one of them manifestly lost.
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Deserves a double like
 
mancboy said:
Is it tho, look i like slbsn he is obviously a very intelligent chap but it seems he hasnt learned to not talk before having all the relevant info, his summations have been a little off recently.
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What he is also failing to grasp, is that by converting to equity, they must produce more shares, that then devalue their existing shares! If converting to equity was the best way to do it then they wouldn't do loans in the first instance. Also loans are none commital, equity is effectively purchasing, and who the hell would want to right off millions of pounds of their money by taking a bigger % of a sinking ship?
 
ComfySeats said:
do we have an idea of who the unnamed person was who emailed the PL on behalf of his and 10 other clubs?

I may be being thick here but i don't understand why this person is given anonymity


View attachment 134287
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I was reading the reaction on a Newcastle forum and they were saying, based on the size of the redaction, it was someone with a short name - no more than 10 letters.

Coinicidentally, the Arsenal vice chair who didn't shake Khaldoon's hand is called Tim Lewis.

So my money is on him and Arsenal.
 
bridgeno1 said:
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.
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Sounds like the Arsenal Accountants might have to start pulling some fake hamstrings.

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