Is that right Stefan? I assumed we could do a deal at any value but the PL rules could make us put through an accounting adjustment purely for FFP purposes!Etihad obviously wouldn’t have to increase unless that was the agreement with City. The PL has no power of the third party. But it has power over City and requires the club to take all necessary steps to vary the agreement to the lower approved FMV or end the transaction.
If this is not the case it makes it even more ridiculous that shareholder loans below market value interest were not addressed in ATP rules originally.