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PIF and RB Sports & Media - Darren Eales to step down from CEO after being diagnosed with blood cancer.


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Guest reefatoon
1 minute ago, Thomson Mouse said:

 

Given was funny. Like a kid in a sweet shop asking questions fans would. :lol: 


[emoji38] Love it when he is on, he gets so excited and caught up in it all.

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4 minutes ago, GeordieDazzler said:


Was it the Leicester away game on Prime where they asked if he any questions for Eddie and he said he wanted to give him a hug :lol:

 

I think so, he was great interviewing Howe at the end. Vibes of ‘you’re my hero’ coming through 

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What next, a £10m player transfer fee cap for all clubs except pre-2010 Premier League Champions, exemptions for Spurs and Liverpool?

 

It was all just a bit of fun when they were buying football and selling behind the backs of everyone else.

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I can see the logic, were we still owned by Ashley I'd be yeah fuck City and these 'fake sponsorships'. I see the logic, and I don't think restriction of trade rules is a magic thing that will make all ffp stuff go away. 

 

Something needs to be done (and nothing will be done) to tackle rampant wage inflation and players costing ludicrous sums. Most clubs are priced out the market for players and it means we end up with ideas like the super league etc. 

 

I am not especially bothered though. We need to get our revenues up and there are plenty of ways to do that that aren't 'related party'. Obviously other clubs have a head start with just pumping money in, and Chelsea somehow are still fucking do this, but Howe is out there proving we can compete at the sharp end with sensible clever transfers and good coaching. I would much prefer us to compete there with sensible decision making than just spending and spending. Yes we are going to be shafted in a way Chelsea and Man U never are, but they are also clown shows. 

 

If none of tis existed and us and man city could spend unlimited the league would be worse than it already is, and there is a lot of denial about this in the media all invested in the premier league being 'the greatest league in the world'. There are a handful of clubs competing at the top, a small handful being run very well on a budget competing and a whole bunch sucking up the broadcast money and not really competing with those at the top. This is going to get worse but FFP should be there to help them compete and not let us and Man City disappear into the distance, cos sorry, I don't want us to win the league with no competition, I want to win the league with a good league. 

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Making a broad point here, but notwithstanding the fact that the PL clubs operate in a unique commercial environment, the idea that an industry / commercial entity in the UK would actively encourage less money coming into the UK via related parties for non-tax reasons is very odd to me. Certainly don't see HMRC or the government being comfortable with the direction of travel if this comes to pass.

 

UK and most advanced economies accept and implement OECD guidance on related party transactions needing to be 'arm's length', i.e. the transaction should be priced in line with what unrelated third parties would pay in comparable circumstances, industries, market conditions etc.

 

That's all good and well, except in an elite football context, there are no good comparable benchmarks for how a related party transaction should be priced as every club / most sponsors are fundamentally unique and own intangibles that I highly doubt can be reliably adjusted for. I would be curious to know by what metrics / benchmarks the Premier League judges whether a sponsorship meets the 'fair market value' criteria...

 

 

 

 

Edited by Bada Bing

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