Financial Fair Play / Profit & Sustainability - New APT Rules Approved by Premier League

[andycap]

If Leicester had to renew the stadium sponsorship do you think the Premier league would let them if it was king power again?

[TK-421]

12 minutes ago, andycap said:

If Leicester had to renew the stadium sponsorship do you think the Premier league would let them if it was king power again?

Probably, as its not APT as such is it, its 'fair market value', which Leicester would justify based on the previous sponsorships.

 

 

Edited 10 hours ago by TK-421

[Heron]

6 hours ago, TRon said:

 

It was just a reflection on how we had dreams of conquering the world following the takeover, then were brought back down to earth by the allied forces of the PL and cartel clubs to stop us dead in our tracks. The suicide emoji was probably a bit OTT.

Ah okay - I thought you were directing something at me personally about my reaction(s)

 

Yeah - mind - the fact our takeover went through in the end also suggested foul play or some degree of jnfluence/corruption too.

 

I'm unsure if my moral compass is now broken tbh. English football has been and continues to be, pulled apart by dementors.

[Heron]

6 hours ago, Sima said:

Imagine voting to be humped 3/4-0 most times against the cartel clubs just so you can play them every season.

 

Freaks.

This is pretty much as simple as it can be said (to my understanding) and you're absolutely right. What a peculiar outlook on sport these clubs are taking...

 

Imagine in the film Gladiator when Maximus Decimus is stabbed before his fight with the caesar and he just comes out and says "You will not be entertained" and lies on the floor praying for a chance to be in the next battle. Howay man.

[AyeDubbleYoo]

While I agree, sport isn’t meant to be about who has the richest owner either. Albeit it’s more entertaining. 

 

 

Edited 8 hours ago by AyeDubbleYoo

[nufc123]

3 minutes ago, AyeDubbleYoo said:

sport isn’t meant to be about who has the richest owner either. 

Or some clubs running the league

[Heron]

3 minutes ago, AyeDubbleYoo said:

While I agree, sport isn’t meant to be about who has the richest owner either. Albeit it’s more entertaining. 

 

 

 

It isn't I agree.

 

But even with existing rules in place it is about "the rich" remaining "the rich" without the ability to be challenged, albeit in spending power not money in the bank.

 

A free for all is better than a closed shop, so to speak.

[Wolfcastle]

Spent 14years getting shafted by an owner with no ambition only to get shafted by ten other owners also with no ambition and the perfect excuse to show none.

 

 

[Heron]

5 minutes ago, Wolfcastle said:

Spent 14years getting shafted by an owner with no ambition only to get shafted by ten other owners also with no ambition and the perfect excuse to show none.

 

 

[Wolfcastle]

5 hours ago, The College Dropout said:

This is not entirely true. Most clubs have to invest vast sums to get onto the gravy train.  When they get on it they want to be able to stay on it or rejoin quickly. 
 

 

Yes, an Ashley style ran club would be less than it really is, we could flirt with relegation doing the bare minimum, get caught out a few times and come back - much smaller clubs ran the Ashley way would be certain of relegation. Their ambition is more to stagnate, Ashley's was more how little could we invest and drop without getting relegated.

[Heron]

Mike Ashley was a massive spatula. Sorry. Just had to get that off my chest when he was being discussed.

 

 

Edited 8 hours ago by Heron

[andycap]

Should ban American ownership full stop. They've ruined the league and have too much sway. 

[SAK]

No point in being downbeat on this news, from what City have said beforehand they’ll pursue this further. This will rumble on.

[TheBrownBottle]

There is always going to be financial rules in place in the PL.  The PL was told which rules ran contrary to commercial law, and they’ve tried to fix them.  Independent regulation rather than the courts is the more likely route to this being stopped at this point - there is no magic bullet.  I don’t see a return to the Wild West days though.  

[The Butcher]

1 hour ago, andycap said:

Should ban American ownership full stop. They've ruined the league and have too much sway. 

Aye, they should stick to their own stupid fucking sports.

[Erikse]

2 hours ago, Heron said:

Ah okay - I thought you were directing something at me personally about my reaction(s)

 

Yeah - mind - the fact our takeover went through in the end also suggested foul play or some degree of jnfluence/corruption too.

 

I'm unsure if my moral compass is now broken tbh. English football has been and continues to be, pulled apart by dementors.

 

Didn't Ashley and the Saudis push for PL to release e-mails and/or documents related to the whole "fit and proper" saga right before they gave in and approved it? I remember something really shady like this. Since it got approved, they weren't pressured into releasing the mail/documents anymore. Maybe my memory is bad here, but I remember thinking at the time that we made the takeover happen by trying to force them to reveal something that they absolutely didn't want to, so they would rather let it happen at that point.

 

 

Edited 7 hours ago by Erikse

[TK-421]

Maybe, but think the BeoutQ piracy thing being resolved the day or so before was also a huge factor (if not the main factor) in the approval suddenly happening. 

[Stifler]

1 hour ago, Erikse said:

Didn't Ashley and the Saudis push for PL to release e-mails and/or documents related to the whole "fit and proper" saga right before they gave in and approved it? I remember something really shady like this. Since it got approved, they weren't pressured into releasing the mail/documents anymore. Maybe my memory is bad here, but I remember thinking at the time that we made the takeover happen by trying to force them to reveal something that they absolutely didn't want to, so they would rather let it happen at that point.

The Premier League asked for certain evidence not to be used, because if it was, it would be shown to the public.

it is widely accepted that this related to communication between the Premier League, and the cartel clubs saying they didn’t want the takeover to be approved, but also that the Premier League were way more involved in the project big picture, and the ESL talks than they made out to be.

[Erikse]

3 minutes ago, Stifler said:

The Premier League asked for certain evidence not to be used, because if it was, it would be shown to the public.

it is widely accepted that this related to communication between the Premier League, and the cartel clubs saying they didn’t want the takeover to be approved, but also that the Premier League were way more involved in the project big picture, and the ESL talks than they made out to be.

 

And if they hadn't resolved issues and accepted the takeover at the time, they would've risked being forced to show these things to the public? Or am I wrong?

 

 

Edited 5 hours ago by Erikse

[Stifler]

24 minutes ago, TK-421 said:

Maybe, but think the BeoutQ piracy thing being resolved the day or so before was also a huge factor (if not the main factor) in the approval suddenly happening. 

I refuse to believe this. The Premier League lost the challenge on having evidence that they did not want used or publicised from being shown the Friday before. This also meant that they were likely to lose the CAT case regardless of the BeinQ piracy case, and that the takeover would have to be approved.

They fast tracked the approval so that the evidence was not shown in court, and therefor not released to the public, then made a big song and dance about everything else that it was supposedly about. 

[Stifler]

1 minute ago, Erikse said:

And if they hadn't resolved issues and accepted the takeover at the time, they would've risked being forced to show these things to the public? Or am I wrong?

Yeah.

[Erikse]

34 minutes ago, Stifler said:

I refuse to believe this. The Premier League lost the challenge on having evidence that they did not want used or publicised from being shown the Friday before. This also meant that they were likely to lose the CAT case regardless of the BeinQ piracy case, and that the takeover would have to be approved.

They fast tracked the approval so that the evidence was not shown in court, and therefor not released to the public, then made a big song and dance about everything else that it was supposedly about. 

 

Which makes narratives such as the banner Palace fans was showing so much more ridiculous, as if Premier League was welcoming Saudi and their money to the Premier League with open arms. Obviously the Premier League hated the takeover even before it happened, but they were forced to accept it in the end.

 

 

Edited 5 hours ago by Erikse

[TheBrownBottle]

1 hour ago, Erikse said:

 

And if they hadn't resolved issues and accepted the takeover at the time, they would've risked being forced to show these things to the public? Or am I wrong?

 

 

 

 

1 hour ago, Stifler said:

I refuse to believe this. The Premier League lost the challenge on having evidence that they did not want used or publicised from being shown the Friday before. This also meant that they were likely to lose the CAT case regardless of the BeinQ piracy case, and that the takeover would have to be approved.

They fast tracked the approval so that the evidence was not shown in court, and therefor not released to the public, then made a big song and dance about everything else that it was supposedly about. 

Has the PL been ‘embarrassed’ into any decision in the past?  And what would’ve been the outcome of the loss of the CAT case?  It wouldn’t have meant that the takeover ‘had’ to be approved.  They wanted to put the KSA state up as the owners (ultimately MBS) because they knew that piracy would then rule the takeover out.  Remember you don’t need to be convicted of a crime to fail the FPPT - and even pressure from the UK govt (understanding that a PL ruling that the effectively head of state of an allied country) didn’t make the PL wilt man. 

 

It was patently obvious that BeIN dropped its issue the moment that they were paid $1bn by KSA in damages - the takeover went through the day after.  And it wasn’t unreasonable for the PL to block the takeover on piracy grounds - they were having their product stolen.

 

That daft cunt on Twitter claiming victory through the CAT case remains as laughable now as it was then.  

[Colos Short and Curlies]

2 hours ago, TK-421 said:

Maybe, but think the BeoutQ piracy thing being resolved the day or so before was also a huge factor (if not the main factor) in the approval suddenly happening. 

I see it in the complete opposite, the piracy issue was resolved because they got the nod that the takeover was about to be pushed through and this was a ‘gesture’ that the pl needed

[TheBrownBottle]

Just now, Colos Short and Curlies said:

I see it in the complete opposite, the piracy issue was resolved because they got the nod that the takeover was about to be pushed through and this was a ‘gesture’ that the pl needed

$1bn is a hell of a gesture