What's the fcking point?

[Zippity]

https://www.bbc.co.uk/sport/football...s/c0rwy2z7d2eo

So the PL are perfectly ok with Chelsea selling hotels to a sister compant owned by...their owner.

What a fucking joke. How are we-or any other non-cartel club-meant to compete?

[ex_pat_magpie]

https://www.bbc.co.uk/sport/football...s/c0rwy2z7d2eo

So the PL are perfectly ok with Chelsea selling hotels to a sister compant owned by...their owner.

What a fucking joke. How are we-or any other non-cartel club-meant to compete?

It's a total con from top to bottom.

[Scott Kirkland]

The PIF needs to start building things, they could then sell back to companies set up for the club

[Ragatino]

The PIF needs to start building things, they could then sell back to companies set up for the club

The Premier League's rules require any club, its players, manager or any 'senior official' to run dealings with 'associated parties' past them. 'Associated parties'' are companies or people who have a significant interest in the relevant club, financially or otherwise

This looks like a pre-emptive move.

It lends weight to the City case against APT rules. The ruling on Associate party transactions is due any day now. So the Prem might well know the rule is illegal which means Chelsea's sale of assets to an 'Associated Party' is lawful and they can't be sanctioned for that transaction.

Bouley has just been very American about things and bullishly aggressive in his business dealings.

We've been more conservative, discreet about things which aligns with us the 'most vilified' club and starting from a long way back financially.

However, this bodes well for a positive verdict for city v Prem on APT.

It will allow PiF companies, Aramco etc to invest in NUFC without restriction.

[toptoon]

It appears that the PSR rules themselves have been poorly written in legal terms meaning that good lawyers are finding loopholes. That’s how Leicester escaped and, probably, how Chelsea managed this. These clubs are setting their lawyers to work to find the loopholes. Our club is not.
It surprises me that we aren’t and also that we aren’t challenging PSR for being anti-competitive. As far as I know the club hasn’t even criticized PSR publicly.
I can only think that we’re keeping our heads down to avoid any more negativity on top of the Saudi human rights issues.

[Nufcian]

https://www.bbc.co.uk/sport/football...s/c0rwy2z7d2eo

So the PL are perfectly ok with Chelsea selling hotels to a sister compant owned by...their owner.

What a fucking joke. How are we-or any other non-cartel club-meant to compete?

It’s easier to determine fair market value for property than a player… so we can sell to PIF clubs, it’s just a market value question over any sale.

It does mean that this is a short term boost for Chelsea though, and their regular revenue will be down by the amount the hotels made year in/year out… and they have few youth products left to sell to prop it up.

They’ll have to stop spending sooner than later I would imagine.

[ex_pat_magpie]

I can see Chelski having huge financial problems in the short years to come by the way they have to fiddle this and that in order to continue to carry out their responsibilities in a normal manner.

The signs are just not right.

[Jammy89]

It appears that the PSR rules themselves have been poorly written in legal terms meaning that good lawyers are finding loopholes. That’s how Leicester escaped and, probably, how Chelsea managed this. These clubs are setting their lawyers to work to find the loopholes. Our club is not.
It surprises me that we aren’t and also that we aren’t challenging PSR for being anti-competitive. As far as I know the club hasn’t even criticized PSR publicly.
I can only think that we’re keeping our heads down to avoid any more negativity on top of the Saudi human rights issues.

To be fair.

We don't know what the club are doing internally - they are very good at being utterly schtum these days.

We could well have a team of lawyers on it, based on what we know of how PIF operate, I would be surprised if they didn't.

[Ragatino]

It appears that the PSR rules themselves have been poorly written in legal terms meaning that good lawyers are finding loopholes. That’s how Leicester escaped and, probably, how Chelsea managed this. These clubs are setting their lawyers to work to find the loopholes. Our club is not.
It surprises me that we aren’t and also that we aren’t challenging PSR for being anti-competitive. As far as I know the club hasn’t even criticized PSR publicly.
I can only think that we’re keeping our heads down to avoid any more negativity on top of the Saudi human rights issues.

As our owners are new to the party so to speak it's interesting to how they are progressing. Rather than being aggressive and potentially incurring further rath from the 'other 14' in fits of jealousy & more back door whining & manipulation from the Fraud 6 they have chosen to work quietly.

With City taking the lead on the 'anti-competitive' law suit, the arbitration case currently awaiting verdict, there is no necessity at this point for NUFC's owners to also bring legal action against the league / other clubs / rules.

We have to remember that currently, NUFC have a clean set of books and zero sanctions against us. We've played by every rule put in place by the teams and league.

So, in all of this NUFC are 'the victim' at worst, completely innocent at best.

We shouldn't conflate financial regulations with any other issues around PR issues. Human rights or otherwise.

From a Saudi perspective. They country's laws are not a of matter of discussion in any forum outside of their courts and legal system.

The Guardian and that clown Miguel Delany can whine on and on as much as they like. Their little people and irrelevant organisations.

https://www.theguardian.com/world/20...russia-chelsea

Let's remember that the Guardian hero worshipped the 'orphan to Billionaire' story.

When it comes to Geopolitics, football is irrelevant. Should the Saudis be sanctioned by the US/UK the markets will lost 15-20% it's value overnight such is the vast amount of investment & assets under the control of Saudi PiF & other Saudi backed entities.

[Ragatino]

From what I can see, the club is playing nice and seeing how things play out with the City case.

Saudi strategy is always long term. They aren't in the business of 'get rich quick'. They're already rich AF.

I've heard so many media muppets from Gorilla Mitts to SSN drones spouting all this nonsense like "It looks like the Saudi's have lost interest'.

Spoke like a true know nothing bunch of losers. They are hoping and wishing the Saudis lose interest to ensure their hasbeen favourites, the red filth etc, maintain their corrupt grip on the levers of power at the top of the league.

in 5 yrs we'll have a different set of issues to complain about, finances and all this nonsense won't be one of them.