PL charge City for alleged breaches of financial rules

It's not looking good for us so don't build your hopes up.


All I'd say in response to this (and I'm saying this as an Arsenal fan) is that any commentary from a Twitter handle called 'Arteta's Red Army' should be treated with about ten million pinches of salt regarding the ongoing hearing.
 
I think this is one of the fundamental misunderstandings that's happening. Arsenal, Everton, Brighton etc haven't done anything wrong re shareholder loans as the current rules (that City voted for btw) state that shareholder loans don't bear interest.

City have subsequently challenged this (and had this challenge upheld) meaning that moving forward this rule is likely to be amended. At that points clubs will need to comply with it but that's only after an amendment is made. At the present moment it's perfectly legal - I suspect it won't be after the rules get amended (assuming 60% of PL clubs vote for it - they may also decide not to of course).
There is no shareholder loan rule in the handbook the premier league just decided it wasn't APT when it clearly is. This is the problem. Arsenal have been cheating for the last 3 plus years and that's clear as day now
 

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