Premier League 2024/25

[FOX Franks]

Are we going there a week early to start the hassling, FF?

Gotta get inside their heads as soon as possible.

Or I forgot about the int'l break, obviously

 

[pork pie fox]

http://archive.today/2024.10.07-133000/https://www.thetimes.com/sport/football/article/man-city-victory-as-premier-leagues-sponsorship-rules-declared-unlawful-0mp6kb7m0

Manchester City have inflicted a potentially damaging defeat on the Premier League after the rules governing commercial deals between clubs and related companies were declared unlawful.
In a landmark decision that could have huge ramifications for England’s top flight, it was ruled that City were unfairly blocked from agreeing two huge sponsorship deals earlier this year.

It opens the door for the English champions, majority-owned by Abu Dhabi, to strike significantly higher sponsorship agreements with associated parties than previously allowed — including with Etihad, their stadium and shirt sponsor — and to pursue compensation and costs from the Premier League for abusing its position. Other clubs could also now seek damages should they believe they have been impacted.

 

[pork pie fox]

http://archive.today/2024.10.07-133000/https://www.thetimes.com/sport/football/article/man-city-victory-as-premier-leagues-sponsorship-rules-declared-unlawful-0mp6kb7m0

Manchester City have inflicted a potentially damaging defeat on the Premier League after the rules governing commercial deals between clubs and related companies were declared unlawful.
In a landmark decision that could have huge ramifications for England’s top flight, it was ruled that City were unfairly blocked from agreeing two huge sponsorship deals earlier this year.

It opens the door for the English champions, majority-owned by Abu Dhabi, to strike significantly higher sponsorship agreements with associated parties than previously allowed — including with Etihad, their stadium and shirt sponsor — and to pursue compensation and costs from the Premier League for abusing its position. Other clubs could also now seek damages should they believe they have been impacted.

The panel states that, of the £4billion in total borrowing across the Premier League, £1.5billion is in loans from club owners and shareholders. If the rules are altered and commercial loan rates are now applied to these interest-free loans and have to be included in a club’s profitability and sustainability calculation, many clubs could find they are in breach of Profitability and Sustainability Rules (PSR).
City had argued that such payments were unfair and not at market value because they were interest-free and, in some cases, did not have to be repaid at all. For a club such as Arsenal, with borrowing of more than £200million made up entirely of shareholder loans, that is a potentially seismic development.

Premier League clubs' debt to their owners​

This table shows shareholder loans as at the end of the 2022-23 season. The vast majority of these can be described as 'soft loans' from a club's own shareholders with a flexible repayment date and are interest-free

Everton £451m
Brighton £373m
Arsenal £259m
Chelsea £146m
Leicester £132m
Bournemouth £115m
Liverpool £71m
Wolves £65m
Brentford £61m
Crystal Palace £38m
Leeds £28m
Nott'm Forest £23m
Aston Villa £10m
Fulham £1m
Southampton £0
Man City £0
Man Utd £0
Newcastle £0
Tottenham £0
West Ham £0

 

[pork pie fox]

From the opposite side…….

Premier League statement

www.premierleague.com

The Premier League welcomes the Tribunal’s findings, which endorsed the overall objectives, framework and decision-making of the APT system. The Tribunal upheld the need for the APT system as a whole and rejected the majority of Manchester City’s challenges. Moreover, the Tribunal found that the Rules are necessary in order for the League’s financial controls to be effective.

The decision represents an important and detailed assessment of the APT Rules, which ensure clubs are not able to benefit from commercial deals or reductions in costs that are not at Fair Market Value (FMV) by virtue of relationships with Associated Parties. These Rules were introduced to provide a robust mechanism to safeguard the financial stability, integrity and competitive balance of the League.

The Tribunal did, however, identify a small number of discrete elements of the Rules which do not, in their current form, comply with competition and public law requirements (more information below). These elements can quickly and effectively be remedied by the League and clubs.

 

[City Fan]

The Premier League are a laughing stock. They need to cut their losses and just ditch these ridiculous rules that have a **** tonne of loopholes in.