Football club finances / FFP
- Thread starter moomba
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- Dec 22, 2009
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Bradesmaen
TheBrownDog
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moomba
TheBrownDog
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- #3,958
Worth mentioning that the tribunal decision last month was a partial ruling. They haven't looked at costs or compensation and they wanted the two parties to get together to find a resolution on this and changes to the rules.
If the two parties couldn't find that resolution the tribunal would decide for them.
Seems like the league wasn't prepared to participate in that process.
If the two parties couldn't find that resolution the tribunal would decide for them.
Seems like the league wasn't prepared to participate in that process.
- Dec 22, 2009
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The tyranny of the majority at work again
- Dec 22, 2009
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16-4 vote pretty comprehensive.
And in the funniest twist of all guess who voted against shareholder loan rule changes
And in the funniest twist of all guess who voted against shareholder loan rule changes
moomba
TheBrownDog
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- #3,961
It was comprehensive, but as we saw when the rules were first introduced, that doesn't make a new rule lawful.
We did vote to exclude shareholder loans, and they were one of the reasons why the rules were found to be unlawful. So it's not surprising that we've changed our position.
Maybe including them in the rules but exempting clubs makes the rules lawful, I guess we'll find out in due course.
- Dec 22, 2009
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moomba
TheBrownDog
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Kieran Maguire (@priceoffootball.bsky.social)
The APT vote yesterday creates more questions than answers. 1: If an amnesty is given for loan conversions to equity until January does that also apply for commercial deals (to be consistent)?
bsky.app
- Dec 22, 2009
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We're in the wrong industry.
10k / hour for sports law seems well over the odds. The finest KCS here in OZ don't get anywhere near that!!
- Dec 22, 2009
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- Dec 22, 2009
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I'm happy to be a scummy parasite at 10k per hour.
Art Vandelay_
TheBrownDog
- Oct 28, 2012
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Bradesmaen
TheBrownDog
They'll just say some sheikh owns it by himself like the Qatari bid for Manchester United
Good riddance to cheating parasites.
SM
Bigfooty Legend
Yes that's a core tenant of the regulator isn't it? To be able to deregister owners?
moomba
TheBrownDog
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- #3,972
If that was the case, the independent regulator (I think it's still the one premier league club that isn't opposed to an independent regulator) should only need only demonstrate that a football club owner was bad for the club, sport or fans.
Otherwise Lord Bassam of Brighton would be proposing amendments stopping the likes of what has happened at Bury, Portsmouth, Coventry and Reading as well as City and Newcastle.
SM
Bigfooty Legend
Isn't that the point?
- Dec 22, 2009
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That doesn't fly. That Sheikh is part of the ruling monarchy in Qatar. The proposal is for state controlled ownership to be banned. Qatar was always going to run the show at Utd if the bid was accepted.
- Dec 22, 2009
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What about a proposal to ban owners who torture & dismember political dissidents at their own embassy because they speak out against them?
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