New PL Commercial rule passed (pg4) | City rumoured to be questioning the legality

Prestwich_Blue said:
It's CFG who have the stake and I believe it's a joint venture with OVG, so close to 50%, with Harry Styles as a minority partner. So CFG will take any financial benefit, not City. The income from the hotel and other developments will be fully City's though.

CFG joins Oak View Group as Joint Venture Partner in Co-op Live

Oak View Group (OVG) today confirmed City Football Group (CFG), the global operator of football and sports-related business, has become OVG’s equal joint venture partner and investor in Co-op Live, alongside Harry Styles, who has taken a minority stake in the pioneering venue.Together, OVG and...
www.cityfootballgroup.com www.cityfootballgroup.com
Click to expand...
Thanks. Now I know, at last.
 
cheekybids said:
They certainly do….. Narco & Terrorist laundering is a global business.
Click to expand...
I had a dick of a scouser denying this about their sponsors. They used the "do your research before spreading such lies around" crap. But the fool didn't realise it was common knowledge and they has been convicted of it. And they had the good ol' 115 mantra as a reply as well.
 
The PL seems determined to control, limit and prevent money coming into the game from certain fairly obvious sources. To do this it appears to be creating new accounting standards which elevate a sporting body with no statutory basis into a judge with power to control the commercial relations between football clubs and other, often global, enterprises. And this at a time when major enterprises are accused by the PL of acting as a cover for a well respected businessman - of world renown - who is involved - the PL claims - in the perfectly legal - according to all law but PL and UEFA regulations - of investing money in his own club. How can anyone possibly mount a legal challenge to such rational regulations, especially at a time when the PL is at war with half the clubs in the PL? Quite clearly Mr Masters et al understand far better than anyone else what is going on and why? And I think we do.
 
halfcenturyup said:
The business about "associated" party transactions being at fair value is already in the rule book isn't it? Last time, was it not about having to have two other bids to support the value given to the "associated" party transaction? Liverpool's "what was the losing bid" question?

Who knows, though? The PL is so bloody secretive, it makes you wonder what they are up to and why at every turn. What harm would it do to announce the rule changes that have been agreed in the meeting, who voted for, who against and who abstained? All we get is leaked information from Martyn bloody Ziegler every time.
Click to expand...
So what do you think the new rule is ? Your confusing related party and associated party. Related party is already in the rule book. Associates party will be the same but wider coverage I.e covering more companies with less close links to owners etc
 
Pablo ZZZ Peroni said:
Yes the new " Associated Party Transactions" rules and "Fair Market Value Assessment" are well established and were added to the PL rule book during the 21/22 season. Now takes over about 8-10 pages in the 23/24 book.

There were different votes reported yesterday one of which was introducing more stringent APT rules than already there. We'll find out what the changes are soon enough because the PL Rule book will change in the next few days.
Click to expand...
Related party is the rule book associated party isn’t but they are essentially the same thing but associated will cover more companies less close connections
 
cheekybids said:
Years ago I remember the CEO saying he wanted to sponsor a company & asking our thoughts. The Marketing Director was pissed off as in his words it’s his budget & if it fails it’s his results yet it happens wherever he works, the top man has cognac & cigars & in a game of cock conkers with another CEO throws money on sponsorship.

Many have said these deals are made at the top. Omar Berradi doesn’t bring you deals like Etihad.
Click to expand...

Correct. Getting sponsorships for City must be the easiest job in the world. Companies, whether related, associated or completely third party will be falling over themselves to sponsor the club. He may find it a little harder at United. And there he is supposed to be running the whole show. Different kettle of fish. Good luck to him. He will need it.
 
WRicko said:
So what do you think the new rule is ? Your confusing related party and associated party. Related party is already in the rule book. Associates party will be the same but wider coverage I.e covering more companies with less close links to owners etc
Click to expand...

Read the handbook ......
 
You must log in or register to reply here.
Unread Posts

Don't have an account? Register now and see fewer ads!

SIGN UP
Back
Top
✖
  AdBlock Detected
Bluemoon relies on advertising to pay our hosting fees. Please support the site by disabling your ad blocking software to help keep the forum sustainable. Thanks.