PL charge City for alleged breaches of financial rules

[give it to gordon]

That’s good enough for me…..

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Is this written in Scottish ? Nor guilty

 

[Fred_Quimby]

Replies are hilarious

IF this is the case then the only place these leaked emails can come from is the PL.

 

[JASR]

Just thinking if City were guilty it wouldn't look good on the government for getting billions of investment into the country from a bent country lol

If City were found to have broken the rules, there would be complete and utter silence about ‘wouldn’t look good… bent country’ as it would be drowned out by the tsunami of self righteousness bollox wallowing in the demise of City.

Now, if City won, it would be their entire focus, to insinuate that City only won because of political interference. Oh and large stuffed brown Envelopes.

Edit:
Same happened with CAS, City win by a landslide, and the media come out with ‘time barred’ & ‘technicalities’ - and that bollox is still uttered by dumbasses to this day

 

[uwe rosler 28]

IF this is the case then the only place these leaked emails can come from is the PL.

All this is old news from months ago. And you wonder why it's being dragged out again? Also the rumours that the case won't go the full 10 weeks? It seems the media are getting there excuses in early as they know the way its going and its not what they or their paymasters want.

 

[St Helens Blue (Exiled)]

Morning all.

Ziegler in classic.damage limitation tweet.
I have never been more confident in my club.

Get the popcorn out because there are going to be some very very angry people!

Personally waiting for Harris and his tin hat account to blow up.

 

[SilverFox2]

It’s an old story. You would expect this to happen as a matter of routine. Khaldoon runs one of the Abu Dhabi Sovereign Wealth Funds which invests hundreds of millions in the UK. The Embassy will always be working on trade deals and the 115 case could damage relations. Of course the Embassy would be interested. This is what Embassies do. It is a desperate story by Ziegler. I wonder who prompted this story and what was their motive.

As you say, that's what Embassies do or at least should do to be aware of facts. I'm sure they read the media view of news but facts come from untampered documents.

 

[BerkshireBlue]

Loans for Infrastructure are no different to a mortgage imo. You get one based on income & credit worthiness, adjustable by deposit size.

Imagine Ipswich Town applying for a £1.5bn commercial loan to build a 150000 capacity Super stadium, with a retractable roof & rotating pitch. Any sane lender would tell them to go fuck themselves!

HOWEVER, if their owner rocked up with £1.4bn of his own money & gave a personal guarantee by way of a charge against his personal assets of £50m & borrowed the £50m balance on a 25 year deal against the club, most lenders would probably snatch the owner's hand off.

If the owner went belly up, Ipswich Town would only be liable for £50m over 25 years to build this preposterous white elephant, which is easily achievable if they remain the the English Football League & the Premier League.

This way, clubs can dream as big as they like without putting their existences in peril. BUT the total annual servicable debt repayments levied against any club can never exceed ⅓ of their annual turnover. I can see no issues with a football governance proposal along these lines.

Or we could just let them do what they want and if they go belly up then so be it.

 

[Dribble]

Or we could just let them do what they want and if they go belly up then so be it.

It's a regulations vs rules argument. We may operate in a dog eat dog free market capitalist system, but football clubs are representative of their communities & it's understandable that many would want to see clubs protected from going belly up.

However, FFP, PSR & APT contribute very little toward stopping another Portsmouth, but they do stifle responsible investment from ambitious owners, which in effect protects those clubs already at the top from fair competition.

If ambitious owners were limited by how much debt they could load onto a club, but allowed to personally spend what they liked, this would end the 15 year farce of FFP & all its subsequent iterations.

It would resolve everyone's "concerns", & also out the legacy clubs who fear competition from the chasing pack.

Football clubs would be protected, & owners would be personally allowed to invest as they see fit. I'd love to see the cartel squirming as they come up with reasons why this isn't a lawful, commonsense solution to sustainability & good governance in football...

 

[Centurions]

IF this is the case then the only place these leaked emails can come from is the PL.

They're not leaked emails, they were obtained from a freedom of information (FOI) request to the home office(?). The PL isn't involved.

 

[Asa's left peg]

They're not leaked emails, they were obtained from a freedom of information (FOI) request to the home office(?). The PL isn't involved.

You're absolutely correct of course, but who told the applicant of the FOI, to request those particular correspondence?

Why not Israeli - Foreign office or USA - foreign office, surely more news worthy atm. Who told them to apply and why?

(I love a good conspiracy theory )