Assna fans already coming into this sub to downvote this lmaoooo
Rare-Ad-2777 on
I know I know you’ll never sing that etc etc. But as I understand it part of the ruling from the city vs PL Court case is that these interest free loans from owners to clubs are unlawful. And tbh rightly so, as much as i dislike city it seems mad you can claim sponsorship deals are unfair yet completely write off £100m interest free loans to your own owners.
The upshot looks like they will have to be included in PSR accounting which would massively affect clubs spending and/or even result in points penalties. Luckily good old Danny Boy doesn’t go in for that sort of thing.
A moments silence for Everton who look to be absolutely screwed yet again
AntysocialButterfly on
Well one club only went and royally shot themselves in the foot with their constant whinging…
006AlecTrevelyan on
Leeds are in the prem?
Raphael_scm7 on
How Brighton are in debt? Did the owners built a new stadium or something?
Bigwhtdckn8 on
Anyone else annoyed by not being able to read the numbers?
coys501 on
What’s fucked is the fact city don’t have any shareholder loans due to being able to inject money directly through their own companies. It’s smart but it’s such an entitled move for them to now bring this up when they’d have had to do this if the sponsorships were rejected initially.
iqjump123 on
Does this mean anything to MCI and their 116 (sorry if not exact number) charges?
8 Comments
Assna fans already coming into this sub to downvote this lmaoooo
I know I know you’ll never sing that etc etc. But as I understand it part of the ruling from the city vs PL Court case is that these interest free loans from owners to clubs are unlawful. And tbh rightly so, as much as i dislike city it seems mad you can claim sponsorship deals are unfair yet completely write off £100m interest free loans to your own owners.
The upshot looks like they will have to be included in PSR accounting which would massively affect clubs spending and/or even result in points penalties. Luckily good old Danny Boy doesn’t go in for that sort of thing.
A moments silence for Everton who look to be absolutely screwed yet again
Well one club only went and royally shot themselves in the foot with their constant whinging…
Leeds are in the prem?
How Brighton are in debt? Did the owners built a new stadium or something?
Anyone else annoyed by not being able to read the numbers?
What’s fucked is the fact city don’t have any shareholder loans due to being able to inject money directly through their own companies. It’s smart but it’s such an entitled move for them to now bring this up when they’d have had to do this if the sponsorships were rejected initially.
Does this mean anything to MCI and their 116 (sorry if not exact number) charges?