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[Albion] Associated Party Transactions (APT) ruling



Dick Knights Mumm

Take me Home Falmer Road
Jul 5, 2003
19,736
Hither and Thither
Why though?

There is nothing fair about Financial Fair Play, there is no profitability or sustainability commitment in the Profitability and Sustainability rules.
They clearly don’t like the way the League is run. They are not interested in the League (or the game) beyond their own interests.

Difficult to see how this ends other than our game being run by nation states for their own, often malign, purposes. Lance the boil.
 




Uh_huh_him

Well-known member
Sep 28, 2011
12,138
They clearly don’t like the way the League is run. They are not interested in the League (or the game) beyond their own interests.

Difficult to see how this ends other than our game being run by nation states for their own, often malign, purposes. Lance the boil.
I think it's more likely that they flounce off and start a super league, when they get kicked out/relegated.

It will be interesting to see how this pans out.
 


















Kalimantan Gull

Well-known member
Aug 13, 2003
13,451
Central Borneo / the Lizard
That's good. Suprising that Chelsea voted for it. Now watch the City legal onslaught to challenge it all again.
Not sure it is surprising. The owners of the established traditional big 5 don't want to spend money keeping up with City, Newcastle, and other clubs with potential to spend big. They already have huge commercial revenue which lets them stay at the top, they already spent a lot buying the club, so restricting investment by other owners suits them and means they don't need to keep putting money in. City have got to the point where they should probably side with them in reality, but they seem to like being disruptors and are upset by the charges against them.

Interesting graph that demonstrates this..

WhatsApp-Image-2024-11-18-at-17.10.58_b3d3f8e7.jpg
 


schmunk

Why oh why oh why?
Jan 19, 2018
10,359
Mid mid mid Sussex
That's good. Suprising that Chelsea voted for it. Now watch the City legal onslaught to challenge it all again.
"Sources have told BBC Sport that representatives from Chelsea and Manchester United both spoke at the meeting before the vote, urging clubs to vote through the changes.

Manchester City's representative declined to speak."

 


Uh_huh_him

Well-known member
Sep 28, 2011
12,138
Not sure it is surprising. The owners of the established traditional big 5 don't want to spend money keeping up with City, Newcastle, and other clubs with potential to spend big. They already have huge commercial revenue which lets them stay at the top, so restricting investment by other owners suits them. City should probably side with them in reality, but they seem to like being disruptors and are upset by the charges against them.
I suspect that the strategy was to undermine Fair Market Value, and get 80 or so charges dismissed alongside it.
 




Silverhatch

Well-known member
Feb 23, 2009
4,696
Preston Park
I suspect that the strategy was to undermine Fair Market Value, and get 80 or so charges dismissed alongside it.
The FMV point should not be an issue. It is perfectly possible to value a sponsorship using a number of metrics. The sponsorship/ad industry has been doing this for years led by companies such as IMG and Alan Pascoe/CSM.
 


Uh_huh_him

Well-known member
Sep 28, 2011
12,138
The FMV point should not be an issue. It is perfectly possible to value a sponsorship using a number of metrics. The sponsorship/ad industry has been doing this for years led by companies such as IMG and Alan Pascoe/CSM.
You think that the FMV charges will fail?
 


Silverhatch

Well-known member
Feb 23, 2009
4,696
Preston Park
City want access to the PL database that provides parameters for FMV. Just saying that the discipline of media/sponsorship valuation and audit is robust. Therefore if someone tries to inflate value it can be challenged.
 








warmleyseagull

Well-known member
Apr 17, 2011
4,389
Beaminster, Dorset
City have no sense of responsibility to the sport. Can't believe they even claimed that the imputed interest on shareholders' loans should be backdated. You just simply never do that.

Assume TB will now convert to share capital and/or take another loan repayment from what I assume will be a profitable 23/24 set of accounts given that Caicedo sale will be included.
 






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