PL charge City for alleged breaches of financial rules

give it to gordon said:
It baffles me that football fans can not see the danger of American owners.
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They can’t see through the carefully constructed smoke screen of City being the enemies of English football and the threat that will bring down the whole edifice while the real culprits get on with…..bringing down the whole edifice for their own benefit.
 
Moss Side's Finest said:
And. Whilst all this City bashing has been going on and whilst all this 'the middle east is taking over and needs to be stopped' propaganda has been peddled. The Americans have quietly acquired their 10th club in the Premier League, meaning they now control HALF of the clubs in the league, which means they have at least 50% of the votes in any decisions about the future of the league. Add to this the fact that all UK TV coverage of the league is also American owned and you can see how nobody else stands a chance outside of Uncle Sam's own clubs.

I challenge you to go and find the sensationalist headlines and articles about the risk this poses for our great game.... I wouldn't even bother looking if I were you
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They have 25% share in city too.
 
give it to gordon said:
It baffles me that football fans can not see the danger of American owners.
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Well, this narrative that a 'red cartel'/'PL cabal' assembled in an under ground bunker, and created FFPR to stop Arab owners, could not be further from the truth. The Glazers, Gillet & Hicks, Kroenke & Lerner did not want anyone snooping around in their financials, especially after saddling those clubs with huge debts from LBO's and asset stripping for their own financial gain. And Arsenal had just spent 1 billion on a new stadium. Abramovic was definitely not in favour of financial regulation, either.

FFPR came from France and Germany. It was not created here. The only reason why it was adopted so wholeheartedly by the PL, was to stop their prized assets from being bought out by American businessmen and hedge funds trying to make a quick buck. They feared that if enough American owners could get a strangle hold over the league, then the possibility of a European Super league would be unstoppable. And it almost did happen. FFPR was the only thing that they could use to put them off. They also tried to get a law passed that LBO's had to be approved by the minister for sport.
 
Damocles said:
It's a classic political strategy mate, I mean Roman historians talking about the Second Triumvirate wrote about it.

It is about drawing lines. You have to draw the lines of moral acceptability so that you are inside of them but your opponents are outside of them, no matter how squiggly those lines are they will be justifiable with the right rhetoric. It's simple really, you investigate human rights abuses of owners but not minority owners. Or full owners but not sponsors. Or owners and major sponsors but not minority sponsors. It's a sort of moral gerrymandering and they all engage in it, arguably its the basis of all political science itself.
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Or Arabs & not Americans
 
Citi-leaks said:
Well, this narrative that a 'red cartel'/'PL cabal' assembled in an under ground bunker, and created FFPR to stop Arab owners, could not be further from the truth. The Glazers, Gillet & Hicks, Kroenke & Lerner did not want anyone snooping around in their financials, especially after saddling those clubs with huge debts from LBO's and asset stripping for their own financial gain. And Arsenal had just spent 1 billion on a new stadium. Abramovic was definitely not in favour of financial regulation, either.

FFPR came from France and Germany. It was not created here. The only reason why it was adopted so wholeheartedly by the PL, was to stop their prized assets from being bought out by American businessmen and hedge funds trying to make a quick buck. They feared that if enough American owners could get a strangle hold over the league, then the possibility of a European Super league would be unstoppable. And it almost did happen. FFPR was the only thing that they could use to put them off. They also tried to get a law passed that LBO's had to be approved by the minister for sport.
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The red cartel wrote to the premier league with suggested FFP changes.
 
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