TheBrownBottle

Tbf, that tweet is saying the same thing as being reported everywhere else - APT ruled as legal, PL rules around burden of proof and shareholder loans not legal.

Which wouldn’t leave us any better off, as football escalation doesn’t follow the wider economy. You’d need to produce football-related indices to do that I suspect - not sure how feasible that would be

It is significant. It just isn’t for us.

It does, which would require them comparing them to other clubs - and I can’t see us being compared to Man City or Chelsea. We’re pretty much back to where we were in January (though clubs with owner-related loans definitely aren’t). Unless something else is coming down the pipeline, then we’re not about to get a load of PIF-related sponsors which would put us on steroids. Ashley left a lot of debt - happily, that was cleared in the takeover.

They haven’t, though. We’d just get massive points deductions.

Simon Jordan thought we could spend £800m in Jan 2022 and managed to bankrupt himself with his running of Palace. He’s a whopper alright, but I’m happy to take what he says with a massive dose of salt.

It definitely hits those clubs, and possibly hard. Which is a massive change. But in terms of NUFC, little has changed.

Yes, the PL implements them from this season - though this year at a reduced % before full compliance next season

Raising the headroom isn’t feasible as clubs are now complying with UEFA rules re outgoings as a % of turnover, and this includes reduced acceptable losses (totalling €90m max over three years)

Agreed, but the UEFA rules snooker that

The mechanics are back to how they were after the takeover and before Feb this year, along with the shareholder loan issue thrown in (which would make it potentially harder for us to sell players). I don’t remember the rules particularly benefitting us as they previously existed.

We’ll find out quickly enough as the PL rules will have to be adjusted ASAP. We’ll also now get a quick resolution to whether or not the club has been waiting to announce loads of sponsors because they were waiting on the Man City case, or whether they have simply been very slow in getting deals in. I know where my money is on that front.

Which is fair enough, and it has significance, because the PL can’t simply push the burden of proof across to the clubs, which would have been a nightmare for some clubs. But FMV and APT is still in place.

Agreed, though this is what was in place until February of this year - so for anyone wondering what the consequences are, simply think back to January and before that.

You know, that’s easy to throw about, but only at those you disagree with …

@r0cafella this is the result that I was referring to

He always does, the man has a pretty open agenda. As ever, let’s wait and see. I’m struggling to see how this makes any real difference to us going forwards.

Yes, I do. It’s been ruled on. Interest free loans benefit NUFC, too.

Yep, that’s how it looks to me. Wishful (and understandable) thinking. From what I can see, that was the big challenge to FMV and it failed on all but a couple of details. I don’t see any other club likely to mount a serious challenge to it now.

It’s not uncommon for arbitration or adjudication to make rulings like this in business - it doesn’t tend to make much of a difference. Man City aimed at the PL’s head and blew off its little toe.

It isn’t likely to change anything based on the ruling - the rules brought in immediately after the takeover remain in place. The PL can still rule that a sponsorship deal isn’t FMV. I’m not seeing how this helps beyond the new rules from the start of the year being thrown out (which would have made things even more difficult)

Because they still need to amend the rules in the narrow areas where the PL rules were ruled illegal?

Yep. I’m not seeing the victory for Man City here, beyond some narrow interpretation of FMV. The burden of proof is back with the PL, and shareholder loans not being taken into account. And that’s it.

The ruling is about the new rules from February and shareholder loans. We’re as we were at the beginning of the year - ie with the rules that were brought in when the takeover went through. For us, the status quo remains. So if the club wants to grow, its finger-pulling-out time.

It didn’t at all 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." https://www.bbc.com/sport/football/articles/cq5eyvl7nggo.amp