bobbydazzla

Also not a good idea to look at America when seeking solutions for association football, their biggest team sports aren’t played at an equivalent level in any other country They exist in an environment that’s very close to a vacuum

Think you might be right.....

in layman’s terms as I’m not a bean counter…. shares mean your money is tied up in the club, only accessible via paying dividends (incurs tax) or selling some / all of your shares to a 3rd party and therefore diluting / relinquishing control of the club a loan is just money that has been given to the club, it can be recalled and interest can be paid on it. It doesn’t affect ownership if you extract all or some of the loan money from the club

I don’t want us acting like City when they were taken over But I want us to be able to spend enough to bring a dilapidated squad up to a level where we can compete We were a zombie club, scraping the bottom of the barrel for players, a joke of a corporate structure and a commercial strategy that was based on giving millions of quid of free advertising to Sports Direct. The very definition of a dodgy APT that absolutely wasn’t FMV. We now have owners who can right those wrongs, but they’re not allowed to by rules that are geared to benefit clubs that are already successful Other clubs weren’t held back by a parastic owner for 14 years and were able to cement their place at the upper end of the table during a period of insane financial growth. And now they don’t like the thought of any new competition pushing their noses out of the trough so have conspired with the PL to stop it happening

Yep, it's the double standards and snidey way the PL are willing to be influenced by cartel clubs that is a disgrace. NUFC had been run into the ground by Ashley in both a financial and sporting context. A joke on and off the pitch. Someone buys us who has the potential to turn that situation around with an injection of money and within days the PL whore and their cartel pimps put rules in place to stop NUFC from becoming more competitive. BEFORE we'd even had time to spend a penny or propose a financial deal. Think about that aspect of it. They were determined to stop us being competitive from day one. But more than happy to watch us become an anti-competitive yo-yo club under Ashley. They never put APT rules in place to protect NUFC from receiving fuck all money whilst associated party Sports Direct got fuckloads of free advertising and our commercial income sank from world leading to fuck all. They're all a bunch of cunts and this Man City case has blown their scam right open for the world to see just how bent the PL and these cartel clubs are.

It was around a week from the jurisdiction hearing (prelims) taking place, to the takeover being approved A takeover that had been held up by the PL refusing to approve it since April 2020. 18 months of stalling. At the prelim hearing the PL could see they were about to be exposed for looking after the interests of a cartel of clubs who didn’t want a wealthy NUFC, so the piracy deal got sorted in a couple of days, after 18 months of the PL dicking PIF about and hoping they’d walk away

I’m on about the CAT hearing that was streamed live and tens of thousands of people tuned in to watch it unfold It was a car crash for the PL lawyers, I was blown away at how easily their scam was exposed Few days later the takeover was approved

It’s telling that this was a court case between MCFC and PL, but NUFC is constantly referenced in the document The snide anti-competitive behaviour towards us by the PL and a cartel of clubs was clearly the catalyst for the PL getting themselves exposed as being snide If the PL and cartel had been more discrete and played a subtle, longer game in how they’d tried to restrict NUFC then they might well have gotten away with it But the knee jerk reaction to stick the financial brakes on a relegation bound NUFC a mere 2 days after our takeover shows them up for the cheats they are

Basically the same as what the PL did when PIF were trying to buy us until they got battered by our lawyers in the CAT hearing and then shit themselves about their snide behaviour being revealed so approved the takeover

Only thing worse than being talked about, is not being talked about. Amirite ?

The APT rules were rolled out as soon as our takeover went through, with one aim in mind NUFC were 2nd bottom of the league, winless, with a bare bones staff, bare bones facilities, huge commercial revenue decline and a fraud in the dug out. Likely to be relegated for the 3rd time in 14 years of Ashley ownership. So the PL and a majority of PL clubs immediately cut off a potential source of finance that could potentially be used to make NUFC competitive again. They cut it off because they were scared we MIGHT use it It doesn't get more anti-competitive than that. The entire PL plan was designed to stifle competition and maintain the status quo.

All of this rigmarole and PL dirty laundry being aired in public because a small number of clubs at the top conspire with the PL to keep themselves at the top, whilst the rest are happy to just nod along and be on the gravy train As others have said, it does make you start to question what other shady deals have gone on behind the scenes to ensure equilibrium is maintained. I'm looking at you VAR....

Aye, but then his money is still tied up in his own Brighton shares I'm on about how he gets his £300m investment out of the club, if he wanted to reduce the £300m that is currently a loan that can be recalled but under new rules might have to be equity To release his equity he needs to either sell shares to a 3rd party, or pay himself in cash via a dividend and take a tax hit

If he issues new shares and sells them to a 3rd party then he's still diluting the ownership and he's no longer in full control of Brighton. I think that's how it works innit

I'm no Gordon Gekko so there's a decent chance this isn't right..... But if Bloom switches from loan to equity, doesn't that mean he has to sell a stake / all of the club to ever release that equity Whereas, if it's a loan he can recall it and his ownership of all the shares in Brighton isn't affected

According to the PL and a majority of PL clubs, the prospect of NUFC becoming competitive under PIF was actually anti-competitive and had to be blocked instantly An Ashley owned NUFC whose stated aim was to not be competitive, that’s not anti-competitive in the PL’s eyes It’s 1984 doublespeak or Animal Farm’s “all animals are equal but some are more equal than others”. An established elite keeping the proles in their place. Samuel’s article sums it up perfectly: City’s owners are not the first to throw money at a project and, it is to be hoped, they won’t be the last. Yet PSR behaves as if investment is bad, as if that drive to squeeze every last drop to achieve is actually the problem. Every financial constraint further cements an established elite — and even that wasn’t enough. So new rules were drafted to ward off, and warn off, interlopers

what a shellfish attitude, TBG was shrimply floating a new idea and you’ve krilled the vibe

So 11 x PL clubs propose a new rule that says any club that wears black n white stripes must give a 5 goal head start in every PL game they play, and the PL put it to vote and it passes by majority Therefore NUFC just have to accept that new rule, because it’s the PL’s competition and they and their members decide the rules of the competition?

That’s the clubs who backed the PL over City in their case We’re on about the 11 x clubs who 2 days after NUFC takeover were emailing the PL asking for an urgent meeting where they subsequently agreed to change the financial rules to restrict NUFC

We had Charnley, an overpromoted lickspittle paid a pittance (compared to his industry peers) doing the combined jobs of at least 5-10 Director level employees

Also, we were a club that had been hollowed out to its bare bones, declining massively on and off the pitch for 14 years This wasn't a rich club getting richer, it was a club that had been fucked over by a parasitic owner getting the chance to rebuild and compete again. And 11 x PL teams and the PL itself schemed away to stop it happening

Staveley talked openly about Spurs and Liverpool being the two biggest anti-NUFC protagonists Beyond that it's just educated guess work on the rest