City launch legal action against the Premier League | Club & PL reach settlement | Proceedings dropped (p1147)

deano ou812 said:
Indeed,I read that bit,makes the 115 an absolute farce but we know what it’s really all about..edit surely City should be questioning this and using it if the unthinkable we are found on some charges which may be interpreted as loopholes..
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The PL (and UEFA) run both the sporting side of their competitions and the regulatory side. That's how you get self-interest triumphing over integrity and accountability. Both organisations need effective and independent regulation.

The proposed Football Independent Regulator sadly doesn't appear to meet the 'effective' part of that.
 
Prestwich_Blue said:
The PL (and UEFA) run both the sporting side of their competitions and the regulatory side. That's how you get self-interest triumphing over integrity and accountability. Both organisations need effective and independent regulation.

The proposed Football Independent Regulator sadly doesn't appear to meet the 'effective' part of that.
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In other words everything will just continue as it is,with certain teams getting preferential treatment to circumvent the rules,while City are continually accused/investigated for supposedly breaking or circumventing said rules..
 
deano ou812 said:
In other words everything will just continue as it is,with certain teams getting preferential treatment to circumvent the rules,while City are continually accused/investigated for supposedly breaking or circumventing said rules..
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Probably, yes. The Independent Regulator should be allowed to set the financial framework without any input from the clubs or PL. Anything other than that is a fudge.
 
Chelsea pulling every trick in the book player wages going sky high which is what sustainability aimed itself at. The fukin prem are a joke Masters is a joke and The Cartell jog on .... have they dropped the City charges as a way of keeping the peace I wonder? Just as well we haven't sold our ladies team to ourselves yet or the odd hotel so we can splurge whenever we need to in the future....Directors loans...don't get me started it makes a circle look straight.
 
jrb said:
Chelsea could reportedly lose around £300m and remain compliant with Premier League regulations.

This follows the sale of their women's team to parent company BlueCo for £198.7m, with the change of ownership confirmed just two days before the deadline to register finances for the 2023-24 season.

The Premier League's 20 clubs opted not to close a loophole allowing teams to generate income by selling assets to sister companies, with the Blues already registering the sale of two hotels to an affiliate company for £76.5m.

www.dailymail.co.uk

Revealed: How Chelsea are funding their latest transfer splurge

Fans many have queried another large spend from the club, amid an increased focus on profit and sustainability rules (PSR) and the £1.3billion forked out on transfers since 2022.
www.dailymail.co.uk www.dailymail.co.uk
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A thoroughly deserved Club World Cup winner.
 
city2 said:
We need all clubs to leave the premier league and start afresh with rules that are black and white and for clubs and fans with no room for ways of getting around the rules and all clubs being transparent in their financial records.
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and once you've done that you can show the audience how to become a gynaecologist, learn how to play the flute, how to split an atom, how to construct a box girder bridge, how to irrigate the Sahara Desert and make vast new areas of land cultivatable.

plus how to rid the world of all known diseases: become a doctor, get really famous, tell the other doctors what to do so there'll be no more disease.

and finally show how black and white people can live together in peace and harmony, and how to reconcile the Russians and the Chinese.
 
city2 said:
We need all clubs to leave the premier league and start afresh with rules that are black and white and for clubs and fans with no room for ways of getting around the rules and all clubs being transparent in their financial records.
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What a great idea, unfortunately it would mean we would dominate even more.
 
Keeganagainstunited said:
Chelsea pulling every trick in the book player wages going sky high which is what sustainability aimed itself at. The fukin prem are a joke Masters is a joke and The Cartell jog on .... have they dropped the City charges as a way of keeping the peace I wonder? Just as well we haven't sold our ladies team to ourselves yet or the odd hotel so we can splurge whenever we need to in the future....Directors loans...don't get me started it makes a circle look straight.
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Selling any hotel in London top area you get probably 8/10 times more so why isn’t that fair value if this got voted on to keep these rules where you can sell any assets to yourself! Surprised they haven’t sold there youth And training pitches to themselves for 500m
 
city2 said:
We need all clubs to leave the premier league and start afresh with rules that are black and white and for clubs and fans with no room for ways of getting around the rules and all clubs being transparent in their financial records.
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Where there are financial rules there will always be creative people to find loopholes.

Best way round it is to bin off the rules.
 
waspish said:
Selling any hotel in London top area you get probably 8/10 times more so why isn’t that fair value if this got voted on to keep these rules where you can sell any assets to yourself! Surprised they haven’t sold there youth And training pitches to themselves for 500m
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It's a good point, they should take a national average for 'fair' value.
 
waspish said:
Selling any hotel in London top area you get probably 8/10 times more so why isn’t that fair value if this got voted on to keep these rules where you can sell any assets to yourself! Surprised they haven’t sold there youth And training pitches to themselves for 500m
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I like the different approach Chelsea have to City to sponsorship. Where as City stand accused of inflating their shirt deal and spending money, Chelsea simply don’t have one and spend money. How does that work?
 
feedmpenzaandhewillscore said:
I like the different approach Chelsea have to City to sponsorship. Where as City stand accused of inflating their shirt deal and spending money, Chelsea simply don’t have one and spend money. How does that work?
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One they don’t worry about it two they probably got a cunning plan to sell something to themselves three worse comes to the worse they’ll take the premier to court with top lawyers to find any tiny loop hole that will get them off! That’s how Americans work think! Our owner does everything differently because how that part of the world work the long long game..
 
Lost track of this matter. Has the full result been issued yet? Other than owner loans having to incur interest what are we waiting to hear about?
 
CC1 said:
Lost track of this matter. Has the full result been issued yet? Other than owner loans having to incur interest what are we waiting to hear about?
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Think the next legal dust up is scheduled for October in this, City have asked the PL to provide evidence of now deemed illegal interest free owner loans for Arsenal, Brighton and Everton.
 
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