PL charge City for alleged breaches of financial rules

[Colin Bells Boots]

Debt is permitted as a means of raising capital for investment in all sectors of the economy. It may run into difficulties if it were part of a series of regulations to guarantee sustainability, but "the cartel" would certainly vote against any restrictions on debt. That in turn may lead to action from clubs who would question why debt was allowed but owner investment was limited quite severely. So, difficulty passing the rules and legal wrangles if they did get passed. The problem is that nearly everyone sees the need for regulation but none can agree on those measures which are required.

Agreed but the cartel can't be the only ones allowed to control and influence, which is why this shit is happening currently.

 

[spinney]

This must seem eminent good sense to most City fans but unfortunately cost control measures will not be agreed on here but in the much less dispassionate atmosphere of PL meetings and votes. The sad fact is that not all PL clubs agree on what is important to sustainability or even on which club's sustainability is important. I believe several clubs don't even see why they can't simply re-enact the old rules! They are unlikely to vote to recognise low or no interest loans as ATP's. Then there is the PL which seems quite happy abusing its dominant position and has hardly been a shining example of an even handed governing body.

But the real nightmare scenario might grow out of your last sentence - "the top clubs have to meet UEFA FFP anyway". Let us suppose that rules which satisfy the requirements of the PL and our laws are introduced. We are then to assume that these meet the requirements of UEFA's FFP and that UEFA's FFP meets the requirements of EU competition law, which is identical to ours. This is at least open to doubt and the road could be open to years of legal wrangling, to the detriment of the game on a continental scale.

I agree with your sentiments, but "biting the bullet" doesn't seem tickle the taste buds of many clubs, the PL or UEFA.

The PL / FA come under UEFA jurisdiction some must comply with their competition rules

Otherwise masters and his gang could end up in court ....... oops !

 

[StillBluessinceHydeRoad]

That's why the PL needs a CEO that only puts up votes that are for the benefit of the game and why the IR should make sure that happens.

Let's face it, the current PSR and APT rules are unlawful and unenforceable and so there currently is no PSR and APT. A strong CEO could start fresh and achieve something really good, especially if there is a block of seven clubs controlling what the cartel is up to.

This may well be why governments of all persuasions are increasingly frustrated with the football authorities and are pushing for an IR but at the moment have no idea of precise regulations required and have recently said the PL must sort out the mess itself. Khaldoon would, I suspect, tell us starkly that the PL is still a prey to "the tyranny of the majority" and the future looks set to see much more legal action rather than the benign CEO needed. The greatest problem is that there is no one view of what is "for the benefit of the game" and no agreement on what, even vaguely" that benefit is! It's not so long ago that the CEO told us that the interests of the rags, scousers and gooners were the interests of the PL! Do we agree?

 

[wolviedinho]

What is it 7 weeks now and not a peep!

I know we can’t read into it as a few posters will be along to dampen the enthusiasm but I can’t help feeling like it’s all done already and now it’s about presenting the case in a way that leaves both parties happy and unhappy.

A big loss would have leaked. It’s just impossible in this day to hide a result that would have seismic consequences with so many interested parties involved. Some of the biggest clubs in England and spurs, media moguls, Abu Dhabi and its prominent ruling family.

We have won on the main fraudulent points but they have probably claimed some sort of victory on the lesser points and the framework that surrounds the “rules”. Similar to Apt.

We all believed/hoped that a fair panel would make decisions on fact and I believe that has happened already.

Shoot me down in flames but I just know we have won -:)

I’m all in to get the tattoo… only issue is where do I put the 115?

Oh yeah I know nothing and I am in no way pretending to have info. Thx

 

[CJH]

Thing about this is if the independent schools can afford Lord Pannick why are they bothered about the VAT rise ?. This suggests they are rich enough to not have to pass on to the parents ?

 

[mr t]

Thing about this is if the independent schools can afford Lord Pannick why are they bothered about the VAT rise ?. This suggests they are rich enough to not have to pass on to the parents ?

There’s no end to people’s greed.

 

[halfcenturyup]

This may well be why governments of all persuasions are increasingly frustrated with the football authorities and are pushing for an IR but at the moment have no idea of precise regulations required and have recently said the PL must sort out the mess itself. Khaldoon would, I suspect, tell us starkly that the PL is still a prey to "the tyranny of the majority" and the future looks set to see much more legal action rather than the benign CEO needed. The greatest problem is that there is no one view of what is "for the benefit of the game" and no agreement on what, even vaguely" that benefit is! It's not so long ago that the CEO told us that the interests of the rags, scousers and gooners were the interests of the PL! Do we agree?

I don't have a problem with the PL CEO saying it is good for the PL to have those three clubs competing up at the top. It makes business sense. But that doesn't mean they should be putting regulations in place to ensure it happens, and that it continues.

Of course the PL has to make its own rules, the IR isn't going to get involved in proposing and passing rules. But they should be able to interrogate the CEO in public on decision-making. That should be enough to keep the CEO straight.

As for the "tyranny of the majority", I am hoping beyond hope that there will be a block of seven votes to counter it. The PL wants new PSR/APT rules? They better make sure they are fair, appropriate and in the interest of the game as a whole.

If Carlsberg did corporate governance :)

 

[Colin Bells Boots]

What is it 7 weeks now and not a peep!

I know we can’t read into it as a few posters will be along to dampen the enthusiasm but I can’t help feeling like it’s all done already and now it’s about presenting the case in a way that leaves both parties happy and unhappy.

A big loss would have leaked. It’s just impossible in this day to hide a result that would have seismic consequences with so many interested parties involved. Some of the biggest clubs in England and spurs, media moguls, Abu Dhabi and its prominent ruling family.

We have won on the main fraudulent points but they have probably claimed some sort of victory on the lesser points and the framework that surrounds the “rules”. Similar to Apt.

We all believed/hoped that a fair panel would make decisions on fact and I believe that has happened already.

Shoot me down in flames but I just know we have won -:)

I’m all in to get the tattoo… only issue is where do I put the 115.

Oh yeah I know nothing and I am in no way pretending to have info. Thx

You better be quick, because the rags muppets will all want Amoron tattoos doing !

 

[dadnlad]

has anybody challanged UEFA rule to make sure they comply with european law ?

 

[SSL2]

interesting: