That’s actually a good outcome for us. I think the fact that we voted against the changes and they are actually in our favour is hilarious. I think Man City have won against the PL in the 115 charges. The day after it’s been wrapped up they come out and ease the related party transaction rules. We are about to get the major commercial improvements we need to be able to compete.
Like Magdad previously said, I expect it's a mixed bag with so many different charges. But hopefully the general gist is that the PL have acted wrongly and need to make changes, to relax irrelevant rules. Hopefully in our favour. No doubt Ratcliffe and co are already trying to think of the next made up rules designed purely to slow us down and hurt Man City.
He can go and do one. Manu have had their time before City. Now it’s time it’s someone else. And I really hope we continue to grow commercially to be at the same levels if not higher. PIF have so much power. We as a fan base have suffered for far too long. It’s time we won something.
Magdad "can go and do one"? That's a bit harsh. But fair, I suppose. In fact, totally justified. You know what, I'm with GG here. Hamish out!!
They’ve reverted to a previous iteration that’s still restrictive, which is what we and City are against, where we feel that any money that isn’t debt to the club can come from wherever and whoever. However we’re still a lot freer now than we were.
Now that our owners have secured the World Cup, they might make more effort to challenge the heavy restrictions.
From Simon Jordan today: “While I was an advocate for Profit and Sustainability rules, foolishly believing it was a mechanism to control cost, reduce hyperinflation in wages and transfer fees and make the industry more sustainable, what it is actually is an unsophisticated blunt instrument that does nothing but pull the drawbridge up for the elite and effectively says 'no, thank you' to any new real challengers. "The irony of PSR is that - like it or not, and I have my reservation - what is more sustainable than a nation state sovereign wealth fund of £800billion bankrolling an English football club and also paying hundreds of millions into the sport and the British Exchequer?"
I can understand concerns even with the PIF. Simple way to address it is to have the money guaranteed in an escrow account and then even if PIF sold up and shipped out the money is already there. Bottom line is, as we’ve al discussed before, the Rules have nothing to do with profit and sustainability and everything to do with maintaining the status quo.
Don't EVER doubt the Saudi commitment lads. Their approach is one way, and loaded with money... they simply don't do reverse... or second best. Couple of things off the top of my head... 1- We can name the training ground, the 'mini' stadium and the lasses area 'The Saudia x , y , z' so there's revenues there. £20m p.a. + Check out what Arsenal did: https://www.bbc.co.uk/news/uk-england-beds-bucks-herts-68181119 And remember we will have the best in the world. So can command a premium. It will also be built with one eye on secondary uses. This is where the Rubens come into their own on the property side. 2- There may be the opportunities for the mini stadium to host gigs/events etc..... so a corporate opportunity in the city centre... so more revenue there. £5m+ in commercial revenue.
