andyhinch
Well-Known Member
Josey Wales.
On tonight at 11:40
Media Thread - 2021/22
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On tonight at 11:40
So more misinformation by a supposed journalist who believes the Etihad deal is a related party agreement. How difficult is it to get facts correct when it’s your job to report facts?And so it begins, City vote with Newcastle against the cartel, let battle commence.
Premier League clubs vote to block Newcastle sponsorship deals at emergency meeting
Premier League clubs voted through legislation designed to prevent the Saudi owners from striking lucrative sponsorship dealswww.theguardian.com
deano ou812
Well-Known Member
Why report facts when a lie repeated over and over soon becomes the truth..
LongsightM13
Well-Known Member
The Guardian sports desk getting it wildly and head shakingly all wrong again.
MillionMilesAway
Well-Known Member
It was okay for Mike Ashley's Sports Direct to sponsor Newcastle, but it's not okay for a company in Saudi Arabia to sponsor them?
I can't see why Newcastle (and reportedly City) think that's unlawful, but I guess it depends what it says.
The deals already have to be fair value if related, so I guess the aim is to stop unrelated Saudi companies being involved. It's almost certainly been drafted badly, and I wonder how long the temporary bit is.
Edit: as @Prestwich_Blue has posted this just now on the FFP thread: Temporary is 3 weeks.
I can't see why Newcastle (and reportedly City) think that's unlawful, but I guess it depends what it says.
The deals already have to be fair value if related, so I guess the aim is to stop unrelated Saudi companies being involved. It's almost certainly been drafted badly, and I wonder how long the temporary bit is.
Edit: as @Prestwich_Blue has posted this just now on the FFP thread: Temporary is 3 weeks.
So it’s OK to have a shirt sponsor, and to renew that shirt sponsorship deal, even though the shirt sponsor has been fined £100+mill in the UK for.....
The Financial Conduct Authority (FCA) has fined Standard Chartered Bank (Standard Chartered) £102,163,200 for Anti-Money Laundering (AML) breaches in two higher risk areas of its business. This is the second largest financial penalty for AML controls failings ever imposed by the FCA.
www.fca.org.uk
Standard Chartered has been ordered to pay $1.1bn (£842m) by US and UK authorities to settle allegations of poor money-laundering controls and breaching sanctions against countries including Iran.
The Financial Conduct Authority (FCA) has fined Standard Chartered Bank (Standard Chartered) £102,163,200 for Anti-Money Laundering (AML) breaches in two higher risk areas of its business. This is the second largest financial penalty for AML controls failings ever imposed by the FCA.
FCA fines Standard Chartered Bank £102.2 million for poor AML controls
The Financial Conduct Authority (FCA) has fined Standard Chartered Bank (Standard Chartered) £102,163,200 for Anti-Money Laundering (AML) breaches in two higher risk areas of its business. This is the second largest financial penalty for AML controls failings ever imposed by the FCA.
Standard Chartered has been ordered to pay $1.1bn (£842m) by US and UK authorities to settle allegations of poor money-laundering controls and breaching sanctions against countries including Iran.
Sadly, it isn't their job to write facts. Their job is now to bring in clicks and engagement with their articles. That's it.
So they write bollocks so that angry people share it and more people read it and talk about it.
bobbyowenquiff
Well-Known Member
It must be illegal under competition laws. You can't have a situation where commercial rivals band together to stop another rival from investing in their product. It's another example of the football authorities ( in this case the PL) losing their grip on reality. It will not stand a legal challenge just as everything UEFA has done has collapsed as soon as it is taken to court. The fair market value test is already accepted by the PL and UEFA and that should be enough.
M
M
mat
Guest
City officially recognise the cartel element of the PL.
Hopefully the new found diplomacy of UAE and Saudi Arabia will rat the cunts out for good.
Fair market value is the only term that should come into play.
If MBS wants his name on the Newcastle shirts, so what? It's his club and he should do as he pleases.
As said, as long as they receive fair value, there should be no issue.
If MBS wants his name on the Newcastle shirts, so what? It's his club and he should do as he pleases.
As said, as long as they receive fair value, there should be no issue.
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