Generic small time football blather thread FOREVER

[Dazzler 16216]

25 minutes ago, wykikitoon said:

 

Can someone put this into mong language for me?

[Gemmill 63312]

38 minutes ago, LondonBlue said:

the full wording - https://www.premierleague.com/news/4172030

 

At a Premier League Shareholders’ meeting today, clubs approved changes to the League’s Associated Party Transaction (APT) rules

At a Premier League Shareholders’ meeting today, clubs approved changes to the League’s Associated Party Transaction (APT) rules. 

The amendments to the rules address the findings of an Arbitration Tribunal following a legal challenge by Manchester City to the APT system earlier this year.    

The Premier League has conducted a detailed consultation with clubs - informed by multiple opinions from expert, independent Leading Counsel - to draft rule changes that address amendments required to the system.  

This relates to integrating the assessment of Shareholder loans, the removal of some of the amendments made to APT rules earlier this year, and changes to the process by which relevant information from the League’s "databank" is shared with a club’s advisors.  

The purpose of the APT rules is to 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.   

 

Shareholder Loans 
- The new rules seek to ensure that there is appropriate parity between the treatment of shareholder loans and other APTs going forward, with transitional rules clarifying the treatment of existing shareholder loans within that framework. 
- Shareholder loans entered into after 22 November 2024 will be required to be submitted as an APT and subject to an FMV assessment. If the Premier League Board determines the loan to evidently not be at FMV, the club in question shall be required to terminate or vary the loan to reflect FMV and pay any identified shortfall in interest.
- Any Shareholder loan that was entered into before 22 November 2024 and which is replaced with other forms of financing (e.g. by way of conversion to equity or repayment) within 50 days (i.e. by 11 January 2025) will not be required to be submitted as an APT or assessed for FMV. 
- Any Shareholder loan that was entered into after 14 December 2021 but before 22 November 2024 and remaining in effect on 11 January 2025 must be submitted as an APT. If the Premier League Board determines the loan is evidently not at FMV,  the club is permitted to retain the Shareholder loan on its existing terms, though adjustments must be made to its Annual Accounts for 2024/25 onwards as if, from 22 November 2024, the loan was at FMV.
- Any Shareholder loan that was entered into prior to 14 December 2021 and remaining in effect on 11 January 2025 must be submitted as an APT and be subject to an FMV Assessment upon any drawdown taking place after the 22 November 2024. If the Premier League Board determines the loan is evidently not at FMV,  the club is permitted to retain the Shareholder loan on its existing terms, though adjustments must be made to its Annual Accounts for 2024/25 onwards as if any drawdowns made after 22 November 2024 were at FMV.

 

I still don't see how Everton refinances its loans by 11 Jan 2025.

 

But everyone else is very clearly gonna get out of this without a single penny of interest being applied to their PSR calcs. You know this because they just voted for these very specific dates and timescales to fix it all in their favour. 

 

Some of them would have failed historical PSR tests, whilst we're selling players to meet our requirements. It stinks. 

[ewerk 39291]

 

Tony Bloom will probably write off his debt but I can’t see Arsenal’s (or Bournemouth’s) owners doing the same.

 

Assuming a 6% interest rate then that’s another £7.5m on Everton’s PSR calculations. Why the fuck would they vote for that?

[Dazzler 16216]

10 minutes ago, Gemmill said:

 

I still don't see how Everton refinances its loans by 11 Jan 2025.

 

But everyone else is very clearly gonna get out of this without a single penny of interest being applied to their PSR calcs. You know this because they just voted for these very specific dates and timescales to fix it all in their favour. 

 

Some of them would have failed historical PSR tests, whilst we're selling players to meet our requirements. It stinks. 

Brighton are probably going to struggle too, they owe £300m+ in shareholder loans. This is the one that fucks me off. They got to "do us a favour" by taking a promising youngster off our hands and help us beat a points deduction and were only able to do that because their owner has funded them interest free. Brighton wouldn't even be in this league had the loans been fairly treated from day dot.

[Gemmill 63312]

2 minutes ago, Dazzler said:

Brighton are probably going to struggle too, they owe £300m+ in shareholder loans. This is the one that fucks me off. They got to "do us a favour" by taking a promising youngster off our hands and help us beat a points deduction and were only able to do that because their owner has funded them interest free. Brighton wouldn't even be in this league had the loans been fairly treated from day dot.

 

Exactly. Where's our free pass?.

 

At the very least, in recognition of the PSR credit these other teams have been handed, there should be a one time adjustment applied to the upcoming PSR calc of all the clubs who aren't benefiting this free pass on shareholder loans.

 

Make it the average of the interest avoided for the last three years or something. 

[Dazzler 16216]

9 minutes ago, ewerk said:

 

Tony Bloom will probably write off his debt but I can’t see Arsenal’s (or Bournemouth’s) owners doing the same.

 

Assuming a 6% interest rate then that’s another £7.5m on Everton’s PSR calculations. Why the fuck would they vote for that?

Because they desperately need the rule to not be applied retrospectively. Which this vote kind of sorted (albeit temporarily - and could easily be reversed by the tribunal anyway).

[Gemmill 63312]

They also served as a witness FOR Man City at the tribunal, where City were pushing for shareholder loans to be included in APTs. 

 

They're all over the shop. 

[Dazzler 16216]

1 minute ago, Gemmill said:

 

Exactly. Where's our free pass?.

 

At the very least, in recognition of the PSR credit these other teams have been handed, there should be a one time adjustment applied to the upcoming PSR calc of all the clubs who aren't benefiting this free pass on shareholder loans.

 

Make it the average of the interest avoided for the last three years or something. 

That would be fair, in the truest sense of the word - which is exactly why it would never be afforded to us.

 

This whole thing is about stopping the gate crashers not enabling them.

 

How dare Nottingham Forest and Villa (both objectively and historically bigger clubs than Spurs) show a shred of ambition - and don't get me started on those state owned bastards in the north east.

[Kid Dynamite 9342]

Another hat-trick for Kane tonight. Just the 80 goals for club and country since he moved to Bayern 18 months ago. Mental that people reckon he shouldn't be starting for England 

[RobinRobin 14520]

4 hours ago, Kid Dynamite said:

Another hat-trick for Kane tonight. Just the 80 goals for club and country since he moved to Bayern 18 months ago. Mental that people reckon he shouldn't be starting for England 

Does he have a manager who tells him not to go wandering off into his own half and to stay closer to goal? 

[wykikitoon 28572]

10 hours ago, Kid Dynamite said:

Another hat-trick for Kane tonight. Just the 80 goals for club and country since he moved to Bayern 18 months ago. Mental that people reckon he shouldn't be starting for England 

 

He was clearly injured in a major tournament and not playing to his strengths with options on the bench that had been scoring all season. So you think it's right he was still given a fuck tonne of game time because he scored a hat trick v Bochum or some other shite? 

[Dr Gloom 26383]

He’s still a great goal scorer and has lots to offer the England squad. I don’t think he should remain England captain. He’s a lot like Shearer was at the end of his career. Not the most mobile and should be rotated and rested against certain opposition depending on how England set up. 

[Dr Gloom 26383]

Southgate was in awe of him, afraid to drop or sub him during the euros when he wasn’t performing. That was a massive problem. But it wasn’t the only reason Southgate got it wrong - the midfield balance and left back issue plagued him all tournament too. Plus he was far too cautious and reactive when he has players available to play a front foot game. 

[Kid Dynamite 9342]

He's one of the most prolific strikers in world football. Should he fuck be getting dropped for Watkins or Solanke.

 

The Summer was all Southgate's doing. Persisting with a pedestrian midfield, shoehorning Foden onto the left wing, Trippier incapable of putting a ball into the box, starting TAA and Gallagher in midfield but giving Palmer and Southgate zero game time. 
 

Nailed on that Tuchel actually plays to our strengths and Kane gets back to smashing them in for England 
 

 

Edited November 23, 2024 by Kid Dynamite

[Kid Dynamite 9342]

He did this last night btw

 

https://x.com/Klip11com/status/1860078357540667811

 

 

[wykikitoon 28572]

47 minutes ago, Kid Dynamite said:

He's one of the most prolific strikers in world football. Should he fuck be getting dropped for Watkins or Solanke.

 

The Summer was all Southgate's doing. Persisting with a pedestrian midfield, shoehorning Foden onto the left wing, Trippier incapable of putting a ball into the box, starting TAA and Gallagher in midfield but giving Palmer and Southgate zero game time. 
 

Nailed on that Tuchel actually plays to our strengths and Kane gets back to smashing them in for England 
 

 

 

So you're saying if he's having absolutely zero impact on the game and playing like Stephen Hawking with a dead wheel chair battery, we still keep him on the pitch?

[Kid Dynamite 9342]

9 minutes ago, wykikitoon said:

 

So you're saying if he's having absolutely zero impact on the game and playing like Stephen Hawking with a dead wheel chair battery, we still keep him on the pitch?

[Toonpack 15614]

What about if he’s running like Gemmill with a head torch.

[Dr Gloom 26383]

3 hours ago, Kid Dynamite said:

He did this last night btw

 

https://x.com/Klip11com/status/1860078357540667811

 

 

I’m not sure who you’re arguing with. He’s clearly still a great goal scorer. I don’t think anyone disputes that. He is just a footballer however and if he isn’t performing he should be rested or rotated - just like any other player  

[ohhh_yeah 3656]

11 hours ago, Kid Dynamite said:

 

The Summer was all Southgate's doing. Persisting with a pedestrian midfield, shoehorning Foden onto the left wing, Trippier incapable of putting a ball into the box, starting TAA and Gallagher in midfield but giving Palmer and Southgate zero game time. 
 

 

His last cap was vs Sweden on 31st March 2004 at the age of 33.

 

You wanted him to give him another one?   

 

[Howmanheyman 43973]

I'm absolutely not watching sky later on when they've got Liverpool on at two and Man U on at half four where I'm sure they'll be as understated as they usually are regarding Liverpool's chances for the title and the start of a new era at old Trafford.

[NJS 5305]

Surely they'll be minor distractions in the build up to the game that really matters tomorrow night? 

[Howmanheyman 43973]

18 minutes ago, NJS said:

Surely they'll be minor distractions in the build up to the game that really matters tomorrow night? 

 

Do they not just talk about Man U or Liverpool on the build up to a Monday night game even though the games on a Monday night usually involves clubs who aren't Man U or Liverpool? 

[wykikitoon 28572]

6 minutes ago, Howmanheyman said:

 

Do they not just talk about Man U or Liverpool on the build up to a Monday night game even though the games on a Monday night usually involves clubs who aren't Man U or Liverpool? 

 

MNF will be 100% on how Liverpool have won the league and how it's all down to Klopp being amazing and leaving such an amazing legacy albeit a bald Slot did ok too. 

[Gemmill 63312]

Man United are their first love. I think they'll find it very hard to find time for Liverpool today, when the latest GENIUS manager has just landed at Old Trafford.