FloydianMag

Interesting given the recent amendments put forward by the HoL and the independent football regulator to ban state ownership of football clubs!

Also the French who have a huge armament industry. This pie chart gives you an idea of Saudi/Gulf region spending in arms and what it could mean for the UK.

I’m sure in any decisions the government consider for the new IR they’ll always factor in the massive Saudi and Gulf region investment and spending in the UK whether people like it or not.

Peter Silverstone went to Saudi with the squad yesterday, I doubt he’s went for the warm weather training.

Times article https://archive.ph/phU2f

Potential new CEO https://x.com/craighope_dm/status/1857107876751323349?s=61&t=Yt8DTJJ-7Jh_ndgpdGSFKQ

Possibly but you have to factor in that what they did then wasn’t illegal. Hence the meeting on 22/11 will be fractious if not hostile to changes being applied retrospectively.

The players they’ve sold recently I doubt it was money from Bloom’s personal wealth that funded the Minteh purchase.

Interesting read although from October it sums up the problems the PL are facing on 22/11 when they meet. https://www.nytimes.com/athletic/5839766/2024/10/14/premier-league-shareholder-loans/

I guess there’s a fair chance those clubs will likely vote against the new ‘amendments’ PL have got themselves in a bit of a mess.

Been reading that there’s been some pushback by some clubs on shareholder loans and interest. Apparently the interest rate for individual clubs who have such loans will depend on the credit worthiness of the clubs. Not sure if there’s anything in this but EFC’s credit rating must be junk level. Came across this on Bluemoon if anyone’s interested. Edit: found this https://www.irishnews.com/sport/soccer/concerns-raised-that-proposed-new-shareholder-loan-rules-will-aid-richest-clubs-H5EXH5NBZFMNLLHRYB67Z6W6YU/

Especially if you wanted to appeal against their decision of FMV you didn’t have access to how they arrived at that decision, making it difficult to appeal. Corrupt as fuck.

https://x.com/msidouglas/status/1854201770861334869?s=61&t=Yt8DTJJ-7Jh_ndgpdGSFKQ

Not much different to how it is now🤷🏼‍♂️

Agreed……..good to see FFP/PSR being called out for what it is….anti competitive