Scoot Posted November 25, 2021 Share Posted November 25, 2021 I'll find it hilarious if they bring in rules which stop ANY sponsorship from owners other business's so we just end up getting sponsored by some Saudi state company. Considering the flap the Premier league have made about having legally binding arguments that the PIF are separate from the Saudi state. Link to post Share on other sites More sharing options...
FloydianMag Posted November 25, 2021 Share Posted November 25, 2021 4 minutes ago, Scoot said: I'll find it hilarious if they bring in rules which stop ANY sponsorship from owners other business's so we just end up getting sponsored by some Saudi state company. Considering the flap the Premier league have made about having legally binding arguments that the PIF are separate from the Saudi state. Or other wealthy gulf states step in with sponsorship. Link to post Share on other sites More sharing options...
Jackie Broon Posted November 25, 2021 Share Posted November 25, 2021 40 minutes ago, Stifler said: They can put a deal forward to the Premier League but apparently they have to agree that it is of the correct market value. I think Staveley was alluding to how she thought the Premier League may drag their heels in their assessment of it being fair market value to beyond a point where the league has voted in tougher sponsorship rules. I don't think that's how it works. The rules allow the PL to adjust the FFP calculation to reduce what is taken into account from related party transactions to fair market value. The club only has to submit accounts for FFP once per season. The current situation is that the PL have temporarily banned all new related party transactions until 30th November. Link to post Share on other sites More sharing options...
andyc35i Posted November 25, 2021 Share Posted November 25, 2021 Are we thinking after 30 November that sponsorship deals will be announced then with a full assessment undertaken when we submit the FFP accounting? Link to post Share on other sites More sharing options...
Jackie Broon Posted November 25, 2021 Share Posted November 25, 2021 1 hour ago, andyc35i said: Are we thinking after 30 November that sponsorship deals will be announced then with a full assessment undertaken when we submit the FFP accounting? I think that's probably likely, unless the clubs meet before then to change the rules. The current rules are: E.46 The Board shall determine whether consideration included in the Club’s Earnings Before Tax arising from a Related Party Transaction is recorded in the Club’s Annual Accounts at a Fair Market Value. If it is not, the Board shall restate it to Fair Market Value. E.47. The Board shall not exercise its power set out in Rule E.46 without first having given the Club reasonable opportunity to make submissions as to: E.47.1. whether the said consideration should be restated; and/or E.47.2. what constitutes its Fair Market Value. Link to post Share on other sites More sharing options...
madras Posted November 26, 2021 Share Posted November 26, 2021 10 hours ago, Jackie Broon said: I think that's probably likely, unless the clubs meet before then to change the rules. The current rules are: E.46 The Board shall determine whether consideration included in the Club’s Earnings Before Tax arising from a Related Party Transaction is recorded in the Club’s Annual Accounts at a Fair Market Value. If it is not, the Board shall restate it to Fair Market Value. E.47. The Board shall not exercise its power set out in Rule E.46 without first having given the Club reasonable opportunity to make submissions as to: E.47.1. whether the said consideration should be restated; and/or E.47.2. what constitutes its Fair Market Value. And that opens the door to more legal proceedings. Link to post Share on other sites More sharing options...
HaydnNUFC Posted November 26, 2021 Share Posted November 26, 2021 5 minutes ago, ManDoon said: Are we not doing the rainbow laces? Seems the every other clubs is, but nothing on our Twitter. Garbage if we aren’t taking part. Aye. Especially that Man City have tweeted about it despite their ownership. Link to post Share on other sites More sharing options...
Kid Icarus Posted November 26, 2021 Share Posted November 26, 2021 I definitely saw it on the official twitter about an hour ago like Link to post Share on other sites More sharing options...
RodneyCisse Posted November 26, 2021 Share Posted November 26, 2021 You’d assume we are but given the amount of tweets that would fly in off the back of it maybe they’re thinking better than to announce it? Link to post Share on other sites More sharing options...
Kid Icarus Posted November 26, 2021 Share Posted November 26, 2021 (edited) Ah yeah that's what it was. Makes no difference to me personally, the club's owned by homophobic cunts whether its PR message contradicts that or not. I get why it might mean something to other people though. Edited November 26, 2021 by kisearch Link to post Share on other sites More sharing options...
Whitley mag Posted November 26, 2021 Share Posted November 26, 2021 (edited) Masters on takeover, particularly like his last answer re independent body not coming to a different conclusion. https://www.bbc.co.uk/sport/football/59436977 Edited November 26, 2021 by Whitley mag Link to post Share on other sites More sharing options...
Teasy Posted November 26, 2021 Share Posted November 26, 2021 Are people really getting upset about rainbow laces? Link to post Share on other sites More sharing options...
Bompeter Posted November 26, 2021 Share Posted November 26, 2021 7 minutes ago, Teasy said: Are people really getting upset about rainbow laces? It would be extremely embarrassing if we were the only club in the division who didn't take part - do you not realise that? Link to post Share on other sites More sharing options...
Jinky Jim Posted November 26, 2021 Share Posted November 26, 2021 17 minutes ago, Whitley mag said: Masters on takeover, particularly like his last answer re independent body not coming to a different conclusion. https://www.bbc.co.uk/sport/football/59436977 "PIF are an investor in many other companies in this country and maybe football is being targeted and talked about in a different way. I can't choose who is chairing a football club. The owners test doesn't let us take a view on that."……..Bizarre that it took the PL 18 months to work that out…..Reading between the lines, my guess is that Hoffman was the important person in this delay…….Done Now, but this should have happened last May and we wouldn’t have been in this relegation scrap.🤔 Link to post Share on other sites More sharing options...
Jackie Broon Posted November 26, 2021 Share Posted November 26, 2021 Well this guy is probably in charge of our PR now... Link to post Share on other sites More sharing options...
HaydnNUFC Posted November 26, 2021 Share Posted November 26, 2021 Link to post Share on other sites More sharing options...
Numbers Posted November 26, 2021 Share Posted November 26, 2021 2 minutes ago, HaydnNUFC said: Not sure how that would work like, they can't just remove them as they own the club. Link to post Share on other sites More sharing options...
Jackie Broon Posted November 26, 2021 Share Posted November 26, 2021 2 minutes ago, Numbers said: Not sure how that would work like, they can't just remove them as they own the club. It depends what's in the legal agreement they made. Just based on PL rules they can't remove them as owners of the club but they could suspend the club from the league if they didn't sell it in that circumstance. Realistically though, it's unlikely they would ever be able to actually prove state control of the club. Link to post Share on other sites More sharing options...
Gaztoon Posted November 26, 2021 Share Posted November 26, 2021 They would need to actually see the prince hand staveley a brown envelope 😆 Link to post Share on other sites More sharing options...
PauloGeordio Posted November 26, 2021 Share Posted November 26, 2021 7 minutes ago, Gaztoon said: They would need to actually see the prince hand staveley a brown envelope 😆 Gold ingot Link to post Share on other sites More sharing options...
Mikky Posted November 26, 2021 Share Posted November 26, 2021 25 minutes ago, Numbers said: Not sure how that would work like, they can't just remove them as they own the club. They ain’t going to do shit Link to post Share on other sites More sharing options...
midds Posted November 26, 2021 Share Posted November 26, 2021 2 minutes ago, Mikky said: They ain’t going to do shit They aren't going to get caught doing anything. Link to post Share on other sites More sharing options...
Guest HTT II Posted November 26, 2021 Share Posted November 26, 2021 37 minutes ago, HaydnNUFC said: RTG/Mackems This gives PIF a way out now they have realised their mistake… Link to post Share on other sites More sharing options...
Jackie Broon Posted November 26, 2021 Share Posted November 26, 2021 8 minutes ago, midds said: They aren't going to get caught doing anything. That's what Man City thought... until their emails got hacked. Hopefully our owners will be more careful than that. Link to post Share on other sites More sharing options...
Miggys First Goal Posted November 26, 2021 Share Posted November 26, 2021 7 minutes ago, Jackie Broon said: That's what Man City thought... until their emails got hacked. Hopefully our owners will be more careful than that. We use carrier pigeons up here. Link to post Share on other sites More sharing options...
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