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

[KS55]

I said this would likely happen at the time and questioned (and still do) if clubs such as Everton would be able to obtain a loan at all in the open market given their credit score.

Some bank in AbuDhabi will lend to them at 20% pa.

 

[citizen_maine]

The PA news agency understands some clubs have questioned the charging of variable rates - arguing it hands an advantage to clubs with the deepest pockets.
However, the league is understood to have advised clubs who pushed back that the rate could not be the same across all clubs for legal reasons.

I wonder why that is? UEFA doesn't have that issue does it?

 

[bluestevei]

so does any1 know if we are getting the deal with Etihad and the Abu Dhabi tourism, city did say we lost out of these deals, but now can we not get them as another meeting of the premier league is coming up and im sure the red cartel would vote for new rules, so we need to do these deals now

 

[TheGhost]

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I’m not surprised but there’s not a single mention of sustainability, fair play (hahaha) or the protection it offers the clubs to incentivise owners to turn their loans into equity.

If the lender, of say, Everton’s soft loans said they wanted them fully repaid tomorrow wouldn’t it effectively bankrupt the club?

 

[TheGhost]

I wonder why that is? UEFA doesn't have that issue does it?

Why not Bank of England rates? (I’ll be honest I’m over my head with most of the discussions on this one)

 

[citizen_maine]

I’m not surprised but there’s not a single mention of sustainability, fair play (hahaha) or the protection it offers the clubs to incentivise owners to turn their loans into equity.

If the lender, of say, Everton’s soft loans said they wanted them fully repaid tomorrow wouldn’t it effectively bankrupt the club?

and if the interest rate applied to their loans needs to be based on their credit rating, their payments could be crippling

 

[Bluewonder]

and if the interest rate applied to their loans needs to be based on their credit rating, their payments could be crippling

Indeed. Everton's credit rating is likely to be junk, so they'd be paying over 10% interest on a commercial loan

 

[hello]

Its doublethink. We lost the APT case, yet we are now responsible for fucking football finances up because of our APT case win!

The media have screwed themselves into this totally illogical picture of what is going on. I mean the public now have to believe both things are true even though they conflict. Wtf.

The sad and I mean really sad fucking thing is the majority of the thick cunts that believe the shite spouted by msm will actually believe both things and its just typical city cheating to keep their club from its rightful place.

 

[cheekybids]

The sad and I mean really sad fucking thing is the majority of the thick cunts that believe the shite spouted by msm will actually believe both things and its just typical city cheating to keep their club from its rightful place.

Even the thick cunts that don’t believe anything the MSM say believe everything;)

 

[Blue_Lightsaber]

Oh, and one more on diet (which is the name of the Japanese parliament strangely enough). Our watch bracelets kept failing in Japan, but nowhere else, at least not noticably so. It was finally found out it was due to the amount of fish the Japanese ate, which resulted in acidic sweat corrupting the metal.

Anyway, enough. What about APT? Pffff ....

Wait.. what??? I never knew that sweat can corrode watch bracelets.

No wonder they use pins and collars vs screws.

Always wondered why since it's always a pain to resize, never a pleasure with a simple screwdriver.