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Financial Fair Play / Profit & Sustainability


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2 minutes ago, wyn davies said:

The PSR/APT rules should be relaxed for those promoted from the Championship otherwise they have no chance of remaining in the PL leaving the option of why bother trying for promotion from the championship 

Now you understand the motivation for the other clubs voting for these rules. 

 

To be clear nobody wants to actual compete because competition is expensive. 

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54 minutes ago, SUPERTOON said:

 

 

I haven't read this in detail, but the existence of this kind of thing is genuinely mental. A sporting league creating a body to judge against its own members and keep money away from its own product.

 

It just shouldn't be allowed and makes zero sense except from the most cynical level for a few individual owners who want into the league for cheap or who want to protect their position. 

 

The whole league really needs to be reorganised and governed as a company with a single strategy, instead of a member's club for the owners of the current clubs. 

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1 minute ago, AyeDubbleYoo said:

 

I haven't read this in detail, but the existence of this kind of thing is genuinely mental. A sporting league creating a body to judge against its own members and keep money away from its own product.

 

It just shouldn't be allowed and makes zero sense except from the most cynical level for a few individual owners who want into the league for cheap or who want to protect their position. 

 

The whole league really needs to be reorganised and governed as a company with a single strategy, instead of a member's club for the owners of the current clubs. 

Ian, you don't think your final paragraph is what is going on now? The Premier league is a company and each club holds a share. It's this structure which allows them to get away with such actions. 

 

As I've been saying for a long time now, don't expect the rules to change to make our lives easier by choice, ultimately the current rules benefit for the majority of shareholders as limiting competition is the name of the game. 

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1 minute ago, r0cafella said:

Ian, you don't think your final paragraph is what is going on now? The Premier league is a company and each club holds a share. It's this structure which allows them to get away with such actions. 

 

As I've been saying for a long time now, don't expect the rules to change to make our lives easier by choice, ultimately the current rules benefit for the majority of shareholders as limiting competition is the name of the game. 

 

 

Yes. And the only way PIF was allowed to buy in was to agree to the rules, however medieval they now seem.

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1 hour ago, Choppy Chop Chop said:

I'm totally lost (every time i look at this thread)

 

The cliff notes are that the Sela sponsorship took 165 days to be approved by the PL.

 

The Tweet also claims, based on submissions, we may have a claim for losses as the amount that was originally put forward for the Sela sponsorship was reduced by circa £5 million per annum.

 

 

Edited by The Prophet

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Just now, The Prophet said:

 

The cliff notes are that the Sela sponsorship took 165 days to be approved by the PL.

 

The Tweet also claims, based on submissions, we may have a claim for losses as the amount that was originally put forward for the Sela sponsorship was reduced by at least £5 million per annum.

The fact market value can be judged by the league and be brought down is ridiculous. Basically the Premier league will decide the rate at which you can close the gap. 

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16 minutes ago, r0cafella said:

Ian, you don't think your final paragraph is what is going on now? The Premier league is a company and each club holds a share. It's this structure which allows them to get away with such actions. 

 

As I've been saying for a long time now, don't expect the rules to change to make our lives easier by choice, ultimately the current rules benefit for the majority of shareholders as limiting competition is the name of the game. 

 

Yeah, but what I mean is... an alternative way to imagine the PL would be like a company that runs a league, the members of which are basically temporary. The clubs wouldn't be so influential, although they would be stakeholders for the time they're in. 

 

The PL itself would have managers, a CEO and all the things that a private company has. It would be their job to maximise the quality, competitiveness and the appeal of that league.

 

If that was the case then I would imagine they would do what it takes to be the richest and most exciting league in the world. The fact that people like Mbappe don't play here would be considered a failure. 

 

That structure might have its own problems that would affect football in their own way (money going crazy) but at least it would be coherent in making the league the richest and 'best' it can be. 

 

 

Edited by AyeDubbleYoo

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2 minutes ago, The Prophet said:

 

The cliff notes are that the Sela sponsorship took 165 days to be approved by the PL.

 

The Tweet also claims, based on submissions, we may have a claim for losses as the amount that was originally put forward for the Sela sponsorship was reduced by circa £5 million per annum.

 

 

 

 

 

The Beautiful Game. :love:

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None of this a surprise. Was fairly common knowledge we had two big deals log-jammed by the EPL.
 

Would love it to lead to us proving it was the difference to cover the PSR difference that ultimately lead us to having to sell Mintah and Anderson.

 

What a chain of events that would cause :lol:

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5 minutes ago, The Prophet said:

 

The cliff notes are that the Sela sponsorship took 165 days to be approved by the PL.

 

The Tweet also claims, based on submissions, we may have a claim for losses as the amount that was originally put forward for the Sela sponsorship was reduced by circa £5 million per annum.

 

 

 

I wonder if we could claim damages/ loss of earnings in either not being able to strengthen resulting in us not finishing in a European place or being forced to lose Anderson/Minteh on the cheap/against our wishes?

 

Apologies if it sounds stupid, I didn't tread the whole thread. 

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Yeah, sounds like we could have a case.

 

It also states that we had two sponsors lined up, but they pulled out after the PL put a temporary stop on them, presumably while they did FVM checks.

 

 

Edited by The Prophet

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Just now, The Prophet said:

Yeah.

 

It also states that we had two sponsors lined up, but they pulled out after the PL put a temporary stop on them, presumably while they did FVM checks.

FFS

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I wonder what the chances are that clubs undergoing sponsorship checks for us suddenly find themselves being privately questioned by 'independent actors' over whether they really want to be seen to be supporting an oil club with such controversial owners, and do they really want that kind of media coverage for their brand...

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1 hour ago, The Prophet said:

 

The cliff notes are that the Sela sponsorship took 165 days to be approved by the PL.

 

The Tweet also claims, based on submissions, we may have a claim for losses as the amount that was originally put forward for the Sela sponsorship was reduced by circa £5 million per annum.

 

 

 

Thanks 

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7 hours ago, The Prophet said:

I'm totally pro-City these days, I hope they burn the lot down.

Nah, I want them to get APT overturned but still want them to get done for the dodgy accounting.

 

I do think some set of rules need to be in place to stop someone else doing a Chelsea/Man City while also aiding competitiveness 

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5 minutes ago, madras said:

Nah, I want them to get APT overturned but still want them to get done for the dodgy accounting.

 

I do think some set of rules need to be in place to stop someone else doing a Chelsea/Man City while also aiding competitiveness 

You can do that with anchoring and other things. 

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