Tbh it’s becoming increasingly clear that man city’s about to reach the end of an era irrespective of the 115
Pep might be going end of the season
Txiki is gone
Star players like ederson and KDB flirted all summer with Saudi and in KDB’s case he’s not getting any younger
Frankly I think the above are imperative to the stability and continued dominance and they’re all at risk going into the summer
I don’t think most of their recent signings are quite as good as people make out. Peak Sterling, mahrez, Silva etc were better players than their current replacements. They’ve got quite a lot of explosive talents who don’t have the same reliable end product that their predecessors had. Doku and grealish can run through whole teams but he can’t match Sterling for end product etc. savio it’s early days. Haaland has been a great replacement for aguero and foden does the business for city, but I’m not actually sold on any of their other long term attacking players.
They’re still an amazing team but I don’t see them as on an upward trajectory at all. They’re treading water around the top but it feels to me like a matter of time (this summer) when there are wholesale changes in the makeup of the club and I would be very surprised if they come through those as strong as they have been in recent years. A great team, of course, but a 90-100points team under a new manager, sporting director, losing generational players etc, I don’t think so.
Then there are the 115…
But I would desperately love us to win the title before they (hopefully) get relegated. Otherwise they will always brag that we couldn’t topple then without help from the 115 punishments
There will be one major rule change — the integration of shareholder loans into existing APT laws.
Under competition rules, clubs will need to formally vote for this at the next Premier League meeting.
This will have the greatest effect on teams who have previously benefited from interest-free loans — clubs like Everton, Arsenal, Brighton and Chelsea. If this change in the rules is passed, they will subsequently have less PSR wiggle room than previously thought and will have to adjust their spending accordingly."
Interest rates at the time of refinancing were favourable for us thanks to broader economic factors, but also an amendment to include shareholder loans wouldn’t be retroactive anyway. We’re very much in the clear as far as past loans go and that would suggest we weren’t planning on or reliant on future low/zero interest loans for financial sustainability.
It appears like there is a widespread lack of understanding on the difference between an interest-free loan vs a typical loan with interest. Arsenal keeps getting grouped in with the interest-free loan crowd when that doesn’t appear to be the case. There is perhaps a risk of a small hit if the interest rate is deemed less than FMV, but how that will work does not seem clear yet.
🚨 EXCLUSIVE: Man City director of football Txiki Begiristain set to leave role at end of season. Long planned to step down aged 60 + club fully endorsed. #MCFC believed to have agreement for successor to start early 2025 with 6mnth handover @TheAthleticFC
This could definitely be seen as jumping ship, and is otherwise at minimum an amusement of coincidence.
One real possibility in terms of fallout is that the executives responsible for perpetrating this massive fraud are essentially barred from holding any such position in future, similar to what happened with Tottenham’s one-time director of football Fabio Paratici (lol).
You do realize that he's been at city since Oct 2012, right
Unless you think it was a job as abbot of a mostatery, he was always going to leave at some point
if anything, it shows that Pepe is going to leave at the end of his contract this season. Txiki Begiristain is the one that brought Pep to city, the story back then was they brought him to city mostly to lure Pep at all costs. He's the one who brought Pep to the Barcelona Atlètic and then to the senior team.
Forget Manchester City’s ‘triumph’ the losses outweigh the wins in landmark ruling
Club may frame it as a ‘victory’ but key rule stopping owners using inflated sponsorship deals to disguise equity as revenue survives
Manchester City have paraded their triumphs in the arbitration with the Premier League like they might be the Champions League trophy, although as one wades through the 175-pages of the judgment it feels more like a story of what they did not win rather than what they did...
________________________________________
Time to bookmark who's on City's payroll and who isn't.
As much as you’d prob enjoy that Diss.it ain’t happening me ol China as Le Groove & Jamie have kindly & correctly pointed out.Id suggest Diss sharpens his pencil or waits for Swiss Ramble to give us a fair appraisal of the ruling.
“Guess who’s had shareholder’s loans recently? Arsenal have more than £200million. That’s rank hypocrisy at its finest”
No, it isn’t. Arsenal followed the rules as they were written.
And City was challenging interest-free shareholder loans. KSE absorbed existing Arsenal debt and provided working capital ‘at more favourable rates’ than was the club was previously paying to banks when he took the club private. We’re fine.
“ No, it isn’t. Arsenal followed the rules as they were written”
Yea, that’s the point because the ruling stated that not factoring in those type of give away loans, the rules were set up discriminatory, meaning they have to be drawn up.
Should read…’rules as they were written…to discriminate”
If the playing field is to be truly level, those practices of giving below market rate loans and write offs ought to be outlawed.
‘Discriminate’ was a term used in City’s press release, not wording from the tribunal’s ruling.
And frankly, City did the other PL clubs a favour by challenging this very narrow point. Interest-free shareholder loans should not be allowed, imo. That is the essence of the majority of the case against City - fair market value financing.
Shareholder loans should be provided inline with current market rates. Much like the ones KSE provided to Arsenal. Not like the ones Abramovic provided to Chelsea.
The ruling definitely stated that " “we can see no difference in principle between that situation and limiting the ambit of the APT rules to exclude shareholder loans”. As a result, they stated that the exclusion was “unlawful” — and correspondingly, the Premier League’s laws will need to be changed.
In theory, this means that when interest-free shareholder loans are included within PSR, some of City’s rival clubs may have to rebalance their books in order to avoid a breach.
Or you could just admit you know a square root of fuck all of Arsenal finances, which is completely fine, and stop setting your hair on fire for no reason.
‘They’re coming for us next’ , ffs, you sound like a MAGA shit kicker frantically grasping his AR-15 on the news Harris wants to raise corporate taxes.
Ha ha ha.We’ll see who has the last laugh.Stocked up on that bog paper yet.You’ ll need it.Mid table mediocrity for you& normal service resumed soon hopefully.
Fucking hilarious that City have put out a statement attempting to gaslight the public into accepting an alternate reality where they are able to claim victory. Concerning to see the media communicating this version of events.
This is very much NOT true. The decision is publically available, please access yourself here:
- The challenge to the APT Rules and the Amended APT Rules
592. MCFC challenges the APT Rules and the Amended APT Rules as being restrictive of competition in several respects contrary to the Chapter I and II prohibitions of the 1998 Act. We hold that (i) the exclusion of shareholder loans from the APT Rules and Amended APT Rules and (ii) the pricing changes in Appendix 18 of the Amended APT Rules are unlawful as they infringe the Chapter I and II prohibitions but all other challenges fail.
593. MCFC also challenges the APT Rules and the Amended APT Rules as being procedurally unfair in several respects. We hold that MCFC’s inability to comment upon the comparable transaction data relied upon by the PL before the PL determines whether a transaction is at FMV is procedurally unfair but all other challenges fail.
- The challenge to the PL’s decision with regard to the EAG Transaction
594. MCFC challenges the PL’s decision that the EAG Transaction was evidently not at FMV alleging that the PL misdirected itself in its interpretation and application of the APT Rules. That challenge has failed.
595. MCFC also challenges that decision on the basis that, in several respects, it was reached in a procedurally unfair manner. That challenge has failed, save in two respects, namely, that the PL did not give MCFC an opportunity to respond to the Benchmarking Analysis prior to reaching its decision and MCFC was not provided with the underlying data in the Databank in relation to the excluded CAGR.
596. MCFC also challenges that decision on the basis that the PL’s decision was unreasonable in a number of respects. That challenge has failed.
597. Finally, MCFC alleges that there had been unreasonable delay and/or delay contrary to Rule E.64 by the PL in reaching its decision. That allegation has failed.
- The challenge to the PL’s decision with regard to the FAB Transaction
598. MCFC challenges the PL’s decision that the FAB Transaction was evidently not at FMV, alleging that the PL misdirected itself in its interpretation and application of the APT Rules. That challenge has failed.
599. MCFC also challenges that decision on the basis that it was reached in a procedurally unfair manner in that the PL did not provide MCFC, prior to its Final Determination, with the Databank transactions entered into by other clubs, which the Board referred to in its Final Determination. That challenge has been upheld.
600. MCFC also challenges that decision on the basis that the PL acted unreasonably in a number of respects. That challenge has failed.
601. Finally, MCFC alleges that there was an unreasonable delay of many months and/or delay contrary to Rule E.64 by the PL in reaching its decision. We have held that there was an unreasonable delay of about 3 months and thereby a breach of Rule E.64.
- The challenge to the time taken by the PL to reach a decision with regard to the EP Transaction
602. MCFC alleges that there was an unreasonable delay of many months and/or delay contrary to Rule E.64 by the PL in reaching its decision. We have held that there was an unreasonable delay of about 2 months and thereby a breach of Rule E.64.
Simon Leaf, partner and head of sport at law firm Mishcon de Reya, told BBC Sport: "Whilst the decision will be embarrassing for the Premier League, because in a couple of narrow areas their rules have been found to be unlawful, generally speaking the decision confirms that the vast majority of the APT rules are indeed lawful.
"Therefore whilst we can expect to see some changes to the rules going forwards, on the whole this isn’t a resounding victory for Manchester City by any stretch of the imagination."
"The Italian Football Federation (FIGC) handed down harsh penalties to Juventus in July 2006 as a result of their involvement in the Calciopoli scandal. The club was stripped of their 2005-2006 Serie A title, and they were relegated to Serie B, the second tier of Italian football.Dec 19, 2023"
Financial doping is match fixing, semantics aside.
Rich,
Salary cap works, NFL has it wired.
EPL could do it too.
There is no draft so scouting matters.
Forget this crap where teams break the rules and flaunt them in everybody's faces.
FA should just take their titles, demote them, put restrictions on player transfer for a few, and watch how teams react.
The NFL is not a good example of the cap working, not for football purposes at least. Franchise tags for example would be insanity. Contracts being non-guaranteed would be an issue as well. And without those kinds of unique circumstances the NFL cap wouldn’t work.
Good points and it can be improved upon, but yes it is, all teams basically have a chance, some teams are well run others not, but it is not due to 1 team out spending the other 19 teams put together.
I'm not surprised that city won a good chunk of their case against the league.
Some of the rules are a bit draconian, glad the court split the decision.
Always wondered who are we to judge when we have billionaire owners that can effectively write off loans or give low interest/zero interest loans to their clubs, like the Kroenke's did.
How is the low interest loans and write off the Kroenke's did for the stadium any different from city's so called inflated commercial deals?
Imagine United joining the case when they've been literally dousing money with petrol and setting it on fire. Maybe the league should ban the for such poor management.
Then there are the Spurs owners who are getting money from the NFL and go cart, who decided what the going rate should be?
If spurs make insane money from anti-market sale of concert tickets, who decides what the "proper"value should be?.
If they let the cabal of established big clubs control how business is done the power then you stifle innovation. Imagine of the Microsoft/Google/Meta were allowed to create/control the rules for tech.
In the case of Sp*rs, they and the NFL decided what the rate should be. Spurs won’t permit the wear and tear on the stadium if the fees are too low. The NFL won’t hold matches in London - at least at that specific stadium - if the price tag is too high and they have no hope of a return on investment. That’s economic behavior. Two parties, at arm’s length, negotiating a deal that is acceptable to each.
In City’s case, they have two separate legal entities (the club and the sponsor). These entities are ultimately held by the same ‘beneficial owner’ - regardless of how many layers of holding companies. Both City and the sponsoring companies are ultimately owned by UAE. It’s the national government transferring money to the club, so this is non-economic behavior. It’s not been in the spotlight, but UAE also loan and transfer players between clubs who all have the same beneficial owner - another unfair advantage. For example, City can loan a player to a “sister club” who will play them even if they are out of form - just to speed the player development. That’s speculative, but illustrates the conflict of interest.
You have a good point about the low-interest and interest-free loans; we need to know more about this but it sounds like it could also be unfair.
My view is that multimillionaires and billionaires are squabbling - the asset rich, cash poor owners - which is most of them - don't like the cash rich, asset poor owners who can spend unlimited amounts of £££. And it's hard to care either way really, there is no 'fair' result that going to satisfy everyone.
I forgot who wrote it now, but on my lunch break a couple of hours ago I read analysis that said ManCheaty are guilty on a bunch of charges, they know it and league is about to punish them harshly, but today's ruling is bad for chavs while everyone else is in compliance with existing laws.
Abramovich is one who used no interest loans to build up the chavs, the guy I read believes that ManC have taken the attitude if they about to be punished for sketchy accounting so should the chavs.
The loans that Chelsea did have from RA are no longer on the books so unless the rules are changed retrospectively I doubt that Chelsea, who sided with City at the hearing will be too worried about a sum being added back whereas owners like KSE, Bloom at Brighton and Foley at Bournemouth will be far more concerned going forward indeed unless loans are turned into equity or accounted for in some different way the likelihood is that a £60 million hole over a 3 year PSR period will have to be dealt with.
I can't find article I read, I personally have no idea about this topic but author was arguing all clubs are currently in compliance with APT rules, so some clubs might have to change strategy in future but they are fine now.
I dont remember details but he was arguing chavs could be in trouble with this ruling. Chavs might have sided with ManCheaty at the hearing but that doesn't mean they delighted with details of today ruling.
I am confident we can win the league this year. my biggest fear isn’t us failing or city winning 20 in a row - we can handle that.
my fear is refs. they are so unbelievable terrible and they tend to help northern teams as seen this week with pool (clear penalty for palace not given) and newcastle (again), nevermind not booking and sending off szoboslzai (no idea how to write his name) fornkicking the ball away etc. don’t wanna talk about ours …
we are barely at 20% of the season and they have already gifted points like santa to northerners and I fear this will continue. I guess we have to aim for 6-8 points plus compared to city because they will gift them theirs
Bukayo Saka’s speech at his belated birthday party on Saturday:
I am going to start with my team, I spend every day with you guys, sometimes too much time, but honestly, I love you all. This year, I really believe we’re going to win the league.
Fabrizio Romano
EXCLUSIVE: Sporting director of football Hugo Viana is Manchester City’s favorite candidate to replace Txiki Begiristain.
After excellent work at Sporting with several top signings including Gyokeres, Diomandé, Hjulmand and more, he’s top of #MCFC list as new director.
Tbh it’s becoming increasingly clear that man city’s about to reach the end of an era irrespective of the 115
Pep might be going end of the season
Txiki is gone
Star players like ederson and KDB flirted all summer with Saudi and in KDB’s case he’s not getting any younger
Frankly I think the above are imperative to the stability and continued dominance and they’re all at risk going into the summer
I don’t think most of their recent signings are quite as good as people make out. Peak Sterling, mahrez, Silva etc were better players than their current replacements. They’ve got quite a lot of explosive talents who don’t have the same reliable end product that their predecessors had. Doku and grealish can run through whole teams but he can’t match Sterling for end product etc. savio it’s early days. Haaland has been a great replacement for aguero and foden does the business for city, but I’m not actually sold on any of their other long term attacking players.
They’re still an amazing team but I don’t see them as on an upward trajectory at all. They’re treading water around the top but it feels to me like a matter of time (this summer) when there are wholesale changes in the makeup of the club and I would be very surprised if they come through those as strong as they have been in recent years. A great team, of course, but a 90-100points team under a new manager, sporting director, losing generational players etc, I don’t think so.
Then there are the 115…
But I would desperately love us to win the title before they (hopefully) get relegated. Otherwise they will always brag that we couldn’t topple then without help from the 115 punishments
Great reads on the ruling here:
https://www.independent.co.uk/sport/football/man-city-premier-league-verdict-ruling-statement-tribunal-b2625277.html
https://www.theguardian.com/football/2024/oct/07/manchester-city-premier-league-tribunal-victory-claim
The Athletic
"What happens next?
There will be one major rule change — the integration of shareholder loans into existing APT laws.
Under competition rules, clubs will need to formally vote for this at the next Premier League meeting.
This will have the greatest effect on teams who have previously benefited from interest-free loans — clubs like Everton, Arsenal, Brighton and Chelsea. If this change in the rules is passed, they will subsequently have less PSR wiggle room than previously thought and will have to adjust their spending accordingly."
https://www.nytimes.com/athletic/5825681/2024/10/07/premier-league-manchester-city-apt-explained/"
***That's what was meant by " They are coming for us next, when the rules are redrawn properly"
That's for rudimentary Tom
Essentially city didn't "win" but they will make some other clubs bleed when the shareholders loans are factored in.
Jamie has assured me that we pay market rates on our shareholder loans so no problem then.
Interest rates at the time of refinancing were favourable for us thanks to broader economic factors, but also an amendment to include shareholder loans wouldn’t be retroactive anyway. We’re very much in the clear as far as past loans go and that would suggest we weren’t planning on or reliant on future low/zero interest loans for financial sustainability.
It appears like there is a widespread lack of understanding on the difference between an interest-free loan vs a typical loan with interest. Arsenal keeps getting grouped in with the interest-free loan crowd when that doesn’t appear to be the case. There is perhaps a risk of a small hit if the interest rate is deemed less than FMV, but how that will work does not seem clear yet.
David Ornstein
🚨 EXCLUSIVE: Man City director of football Txiki Begiristain set to leave role at end of season. Long planned to step down aged 60 + club fully endorsed. #MCFC believed to have agreement for successor to start early 2025 with 6mnth handover @TheAthleticFC
______________________________________________________
"Long planned", yes.
This could definitely be seen as jumping ship, and is otherwise at minimum an amusement of coincidence.
One real possibility in terms of fallout is that the executives responsible for perpetrating this massive fraud are essentially barred from holding any such position in future, similar to what happened with Tottenham’s one-time director of football Fabio Paratici (lol).
You do realize that he's been at city since Oct 2012, right
Unless you think it was a job as abbot of a mostatery, he was always going to leave at some point
if anything, it shows that Pepe is going to leave at the end of his contract this season. Txiki Begiristain is the one that brought Pep to city, the story back then was they brought him to city mostly to lure Pep at all costs. He's the one who brought Pep to the Barcelona Atlètic and then to the senior team.
Let the domino begin
Don't want tuchel anywhere near manchester - either at citeh or united
Sam Wallace,
Telegraph Chief Football Writer
Forget Manchester City’s ‘triumph’ the losses outweigh the wins in landmark ruling
Club may frame it as a ‘victory’ but key rule stopping owners using inflated sponsorship deals to disguise equity as revenue survives
Manchester City have paraded their triumphs in the arbitration with the Premier League like they might be the Champions League trophy, although as one wades through the 175-pages of the judgment it feels more like a story of what they did not win rather than what they did...
________________________________________
Time to bookmark who's on City's payroll and who isn't.
The problem with tunnel vision mob attacks is sometimes you open the Pandora’s box that sometimes come back to bite you in the ass.
Part of the city arbitration panel ruling notes that rules were applied in a discriminatory manner because the excluded shareholder loans.
Guess who’s had shareholder’s loans recently? Arsenal have more than £200million. That’s rank hypocrisy at its finest
Like they say, people in glass houses shouldn’t throw stones.
They are coming for us next, when the rules are redrawn properly.
Shut your noise you cunt, you’re boring
💤
As much as you’d prob enjoy that Diss.it ain’t happening me ol China as Le Groove & Jamie have kindly & correctly pointed out.Id suggest Diss sharpens his pencil or waits for Swiss Ramble to give us a fair appraisal of the ruling.
Incorrect.
Arsenal pays interest on its loans at a fair rate according to the economic conditions at the time they were negotiated.
The APT rules decision relates to shareholder loans at low/zero interest and has no relevance to Arsenal’s current loans.
“Guess who’s had shareholder’s loans recently? Arsenal have more than £200million. That’s rank hypocrisy at its finest”
No, it isn’t. Arsenal followed the rules as they were written.
And City was challenging interest-free shareholder loans. KSE absorbed existing Arsenal debt and provided working capital ‘at more favourable rates’ than was the club was previously paying to banks when he took the club private. We’re fine.
“ No, it isn’t. Arsenal followed the rules as they were written”
Yea, that’s the point because the ruling stated that not factoring in those type of give away loans, the rules were set up discriminatory, meaning they have to be drawn up.
Should read…’rules as they were written…to discriminate”
If the playing field is to be truly level, those practices of giving below market rate loans and write offs ought to be outlawed.
Shut it you slut
‘Discriminate’ was a term used in City’s press release, not wording from the tribunal’s ruling.
And frankly, City did the other PL clubs a favour by challenging this very narrow point. Interest-free shareholder loans should not be allowed, imo. That is the essence of the majority of the case against City - fair market value financing.
Shareholder loans should be provided inline with current market rates. Much like the ones KSE provided to Arsenal. Not like the ones Abramovic provided to Chelsea.
Arsenal have borrowed as much as £259 million [as at March 2024] in shareholder loans from the Kroenkes
https://www.nytimes.com/athletic/5307717/2024/03/01/arsenal-finances-ffp-wages-debt/
The ruling definitely stated that " “we can see no difference in principle between that situation and limiting the ambit of the APT rules to exclude shareholder loans”. As a result, they stated that the exclusion was “unlawful” — and correspondingly, the Premier League’s laws will need to be changed.
In theory, this means that when interest-free shareholder loans are included within PSR, some of City’s rival clubs may have to rebalance their books in order to avoid a breach.
https://www.nytimes.com/athletic/5825681/2024/10/07/premier-league-manchester-city-apt-explained/
This is what I mean by ..they are coming after us
KSE loans were not and are not interest-free though. Don’t panic, Diss.
‘They are coming for us next’
Does this mean we’ll also get stripped of titles won during those shareholder loans in effect, you know, like City are?
Play stupid games…win stupid prizes
Ask stupid questions …expect stupid answers
Or you could just admit you know a square root of fuck all of Arsenal finances, which is completely fine, and stop setting your hair on fire for no reason.
‘They’re coming for us next’ , ffs, you sound like a MAGA shit kicker frantically grasping his AR-15 on the news Harris wants to raise corporate taxes.
Another trophyless season loading for gooners
Ha ha ha.We’ll see who has the last laugh.Stocked up on that bog paper yet.You’ ll need it.Mid table mediocrity for you& normal service resumed soon hopefully.
The oilers have outmuscled the English financially and outsmarted them with legal loopholes,
guess who now wants socialism for the rich?
Fucking hilarious that City have put out a statement attempting to gaslight the public into accepting an alternate reality where they are able to claim victory. Concerning to see the media communicating this version of events.
This is very much NOT true. The decision is publically available, please access yourself here:
https://resources.premierleague.com/premierleague/document/2024/10/07/898efab9-9f51-449b-a393-1a0c05b48824/Manchester-City-and-Premier-League-Partial-Final-Award-071024.pdf
They’re also trying to warn the prem from any amendments/ adjustments being made.
Just kick the ****ers out!
The ‘ cheating Arabs’ are a slippery bunch
VI OVERALL CONCLUSIONS
- The challenge to the APT Rules and the Amended APT Rules
592. MCFC challenges the APT Rules and the Amended APT Rules as being restrictive of competition in several respects contrary to the Chapter I and II prohibitions of the 1998 Act. We hold that (i) the exclusion of shareholder loans from the APT Rules and Amended APT Rules and (ii) the pricing changes in Appendix 18 of the Amended APT Rules are unlawful as they infringe the Chapter I and II prohibitions but all other challenges fail.
593. MCFC also challenges the APT Rules and the Amended APT Rules as being procedurally unfair in several respects. We hold that MCFC’s inability to comment upon the comparable transaction data relied upon by the PL before the PL determines whether a transaction is at FMV is procedurally unfair but all other challenges fail.
- The challenge to the PL’s decision with regard to the EAG Transaction
594. MCFC challenges the PL’s decision that the EAG Transaction was evidently not at FMV alleging that the PL misdirected itself in its interpretation and application of the APT Rules. That challenge has failed.
595. MCFC also challenges that decision on the basis that, in several respects, it was reached in a procedurally unfair manner. That challenge has failed, save in two respects, namely, that the PL did not give MCFC an opportunity to respond to the Benchmarking Analysis prior to reaching its decision and MCFC was not provided with the underlying data in the Databank in relation to the excluded CAGR.
596. MCFC also challenges that decision on the basis that the PL’s decision was unreasonable in a number of respects. That challenge has failed.
597. Finally, MCFC alleges that there had been unreasonable delay and/or delay contrary to Rule E.64 by the PL in reaching its decision. That allegation has failed.
- The challenge to the PL’s decision with regard to the FAB Transaction
598. MCFC challenges the PL’s decision that the FAB Transaction was evidently not at FMV, alleging that the PL misdirected itself in its interpretation and application of the APT Rules. That challenge has failed.
599. MCFC also challenges that decision on the basis that it was reached in a procedurally unfair manner in that the PL did not provide MCFC, prior to its Final Determination, with the Databank transactions entered into by other clubs, which the Board referred to in its Final Determination. That challenge has been upheld.
600. MCFC also challenges that decision on the basis that the PL acted unreasonably in a number of respects. That challenge has failed.
601. Finally, MCFC alleges that there was an unreasonable delay of many months and/or delay contrary to Rule E.64 by the PL in reaching its decision. We have held that there was an unreasonable delay of about 3 months and thereby a breach of Rule E.64.
- The challenge to the time taken by the PL to reach a decision with regard to the EP Transaction
602. MCFC alleges that there was an unreasonable delay of many months and/or delay contrary to Rule E.64 by the PL in reaching its decision. We have held that there was an unreasonable delay of about 2 months and thereby a breach of Rule E.64.
Simon Leaf, partner and head of sport at law firm Mishcon de Reya, told BBC Sport: "Whilst the decision will be embarrassing for the Premier League, because in a couple of narrow areas their rules have been found to be unlawful, generally speaking the decision confirms that the vast majority of the APT rules are indeed lawful.
"Therefore whilst we can expect to see some changes to the rules going forwards, on the whole this isn’t a resounding victory for Manchester City by any stretch of the imagination."
Knee cap those fks Juve style.
"The Italian Football Federation (FIGC) handed down harsh penalties to Juventus in July 2006 as a result of their involvement in the Calciopoli scandal. The club was stripped of their 2005-2006 Serie A title, and they were relegated to Serie B, the second tier of Italian football.Dec 19, 2023"
Financial doping is match fixing, semantics aside.
Rich,
Salary cap works, NFL has it wired.
EPL could do it too.
There is no draft so scouting matters.
Forget this crap where teams break the rules and flaunt them in everybody's faces.
FA should just take their titles, demote them, put restrictions on player transfer for a few, and watch how teams react.
Neither the PL or the government, has the right to cap anyone’s earning potential.
The government has run up public debt to £2.7 trillion +
We have a deficit of £120 billion p/a.. We paid £102 billion in debt interest last year.
At local level, they’ve ran up public debt to £122 billion.
But now we’re going to have these idiots cap the earning potential of individuals?…
The market will decide what people are worth, not politicians or moronic career bureaucrats.
The NFL is not a good example of the cap working, not for football purposes at least. Franchise tags for example would be insanity. Contracts being non-guaranteed would be an issue as well. And without those kinds of unique circumstances the NFL cap wouldn’t work.
Good points and it can be improved upon, but yes it is, all teams basically have a chance, some teams are well run others not, but it is not due to 1 team out spending the other 19 teams put together.
I'm not surprised that city won a good chunk of their case against the league.
Some of the rules are a bit draconian, glad the court split the decision.
Always wondered who are we to judge when we have billionaire owners that can effectively write off loans or give low interest/zero interest loans to their clubs, like the Kroenke's did.
How is the low interest loans and write off the Kroenke's did for the stadium any different from city's so called inflated commercial deals?
Imagine United joining the case when they've been literally dousing money with petrol and setting it on fire. Maybe the league should ban the for such poor management.
Then there are the Spurs owners who are getting money from the NFL and go cart, who decided what the going rate should be?
If spurs make insane money from anti-market sale of concert tickets, who decides what the "proper"value should be?.
If they let the cabal of established big clubs control how business is done the power then you stifle innovation. Imagine of the Microsoft/Google/Meta were allowed to create/control the rules for tech.
Yeoooooww.They most certainly DID NOT t.god.
In the case of Sp*rs, they and the NFL decided what the rate should be. Spurs won’t permit the wear and tear on the stadium if the fees are too low. The NFL won’t hold matches in London - at least at that specific stadium - if the price tag is too high and they have no hope of a return on investment. That’s economic behavior. Two parties, at arm’s length, negotiating a deal that is acceptable to each.
In City’s case, they have two separate legal entities (the club and the sponsor). These entities are ultimately held by the same ‘beneficial owner’ - regardless of how many layers of holding companies. Both City and the sponsoring companies are ultimately owned by UAE. It’s the national government transferring money to the club, so this is non-economic behavior. It’s not been in the spotlight, but UAE also loan and transfer players between clubs who all have the same beneficial owner - another unfair advantage. For example, City can loan a player to a “sister club” who will play them even if they are out of form - just to speed the player development. That’s speculative, but illustrates the conflict of interest.
You have a good point about the low-interest and interest-free loans; we need to know more about this but it sounds like it could also be unfair.
This was not a city win, they're gaslighting with their club statement.
My view is that multimillionaires and billionaires are squabbling - the asset rich, cash poor owners - which is most of them - don't like the cash rich, asset poor owners who can spend unlimited amounts of £££. And it's hard to care either way really, there is no 'fair' result that going to satisfy everyone.
I forgot who wrote it now, but on my lunch break a couple of hours ago I read analysis that said ManCheaty are guilty on a bunch of charges, they know it and league is about to punish them harshly, but today's ruling is bad for chavs while everyone else is in compliance with existing laws.
Abramovich is one who used no interest loans to build up the chavs, the guy I read believes that ManC have taken the attitude if they about to be punished for sketchy accounting so should the chavs.
Jwl
The loans that Chelsea did have from RA are no longer on the books so unless the rules are changed retrospectively I doubt that Chelsea, who sided with City at the hearing will be too worried about a sum being added back whereas owners like KSE, Bloom at Brighton and Foley at Bournemouth will be far more concerned going forward indeed unless loans are turned into equity or accounted for in some different way the likelihood is that a £60 million hole over a 3 year PSR period will have to be dealt with.
I can't find article I read, I personally have no idea about this topic but author was arguing all clubs are currently in compliance with APT rules, so some clubs might have to change strategy in future but they are fine now.
I dont remember details but he was arguing chavs could be in trouble with this ruling. Chavs might have sided with ManCheaty at the hearing but that doesn't mean they delighted with details of today ruling.
The oilers have outsmarted the English at their own game. FFP is a ruse.
Not true Sid. City media machine would have you believe so. Fortunately we can read the decision for ourselves. See my recent comment.
I am confident we can win the league this year. my biggest fear isn’t us failing or city winning 20 in a row - we can handle that.
my fear is refs. they are so unbelievable terrible and they tend to help northern teams as seen this week with pool (clear penalty for palace not given) and newcastle (again), nevermind not booking and sending off szoboslzai (no idea how to write his name) fornkicking the ball away etc. don’t wanna talk about ours …
we are barely at 20% of the season and they have already gifted points like santa to northerners and I fear this will continue. I guess we have to aim for 6-8 points plus compared to city because they will gift them theirs
My biggest concern is injuries.
We’re one of the two best teams, but the best team won’t necessarily come out on top.
It’ll be as much about who can hold their squads together across the entirety of a 9.5 month season, managing multiple competitions.
Particularly as we enter the business end from April 1st to May 25th.
Players are dropping like flies, at times this season our bench has been at bare bones already, and we’re nowhere near entering the real grind of it.
This season has got a weird feel to it, wouldn’t be surprised if a slightly lower points tally was needed.
Not massively different, but maybe lower to mid 80s.
Bukayo Saka’s speech at his belated birthday party on Saturday:
I am going to start with my team, I spend every day with you guys, sometimes too much time, but honestly, I love you all. This year, I really believe we’re going to win the league.
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Right on!
12 elements were in conclusion of the judgement and by count it seems the score was
Man City 5 - 7 Premier League
The big one was City challenging that APT is unlawful and while they won that, it wasn't quite for the reasons they were seeking.
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So City challenged PL rules and while they won some of the challenges, they still lost a few more than they won.
If you're reading mainstream media, you'll read it like they've already won the case. Lolz