Stoned Rose
Well-Known Member
What do people think of this paragraph from the APT tribunal award?
View attachment 134890
It's clearly talking about the 115 case and it's relevance to the introduction of the APT rules. Whatever Herbert said convinced the arbitrators that a move from ex-post to ex-ante was justified so it couldn't have been the funding aspects of the sponsorships, because that wouldn't have been picked up by any review of fmv, whenever it was carried out.
Which leads me to think that the PL has re-opened the questions of the fmv of the AD sponsorships and the related party nature of the sponsors going back to 2009/10. They may well be re-litigating the funding issues dismissed at CAS and may even have extended their time frame if they have additional evidence. But it seems to me now that they are also pressing on the related party nature of the sponsors, the fact that they weren't disclosed as such in the accounts and the fact that required details of the RPTs were not provided and on the fmv of the transactions.
This would explain the reference to related parties in the list of allegations referred to the disciplinary procedure in 2023 and their inclusion in the APT jusgment as a relevant factor.
I thought that was unlikely previously (especially as UEFA has never formally alleged that the AD sponsors were related parties or were anything other than fmv) but it seems almost certain to me that the PL has opened those issues up again.
Cunts.