FloydianMag

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

OGS incoming?

He already failed at a CAT, the FCB is determined, I guess it’s the High Court this time.

😬😬🤷‍♂️

This might explain it better. https://www.theguardian.com/football/2024/apr/29/majority-of-premier-league-clubs-vote-in-favour-of-exploring-spending-cap-plans

Mentioned a lot back end of last year…….what you spend is linked to spending of clubs at the bottom of the league…….will have to have a good read of the proposals re anchoring.

https://www.sportindustry.biz/news-categories/news/premier-league-clubs-financial-rules-psr-scr-tba-regulations/#:~:text=Through this%2C a new anchoring,overview of clubs' financial sustainability.