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English Saudi League

With the Saudi’s stepping in to rescue Everton, what do the fans feel about the possibility of the Saudi State buying up more clubs in the PL?
Surely a sign of things to come with more and more PL clubs being running on a heavy debt model means they to will also at some point soon need a bail out or face ruin.

And each time it happens you’ll have Saudi trillionaires waiting to snap up a club in need.

Is there a dark side to this? Or are we about to see a much more competitive PL with many more clubs owned by people who can invest as much is needed to turn things around? In turn getting more money pumped into the PL(good for all clubs) and even better players wanting to play where they pay the biggest wages??

posted 6 days, 13 hours ago

Melts

Two issues for me

It gives state owned clubs an unfair advantage over clubs that don't have comparative financial backing and are constrained by profit, loss, shareholders etc. Not all clubs have that source of revenue to tap.

Villa or Chelsea for example owned by hedge funds who have no loyalty to the club. They can accrue losses, kick the can down the road until the bottom falls out then bail. Unrestricted Associated party deals could be used to delay the inevitable (losses year after year) until its beneficial for the owner to bail leaving the club with debts.

We've seen plenty of examples of overeaching owners overspending leading to clubs dropping down the divisions and possibly ceasing to exist.

posted 6 days, 13 hours ago

comment by FieldsofAnfieldRd (U18971)
posted 4 seconds ago
Melts

Two issues for me

It gives state owned clubs an unfair advantage over clubs that don't have comparative financial backing and are constrained by profit, loss, shareholders etc. Not all clubs have that source of revenue to tap.

Villa or Chelsea for example owned by hedge funds who have no loyalty to the club. They can accrue losses, kick the can down the road until the bottom falls out then bail. Unrestricted Associated party deals could be used to delay the inevitable (losses year after year) until its beneficial for the owner to bail leaving the club with debts.

We've seen plenty of examples of overeaching owners overspending leading to clubs dropping down the divisions and possibly ceasing to exist.
----------------------------------------------------------------------

I agree, like I said I thought it was inevitable as soon as they allowed the Saudi deal, that and the restricting of owner equity coupled together meant they were always going to have to implement something.

If what they’ve implemented is lawful, then fine. If it’s not, then they’ll rightly change the rules to ones that are lawful. It’s not going to go away all together.

posted 6 days, 13 hours ago

comment by FieldsofAnfieldRd (U18971)
posted 22 minutes ago
comment by Boris 'Inky’ Gibson (U5901)
posted 5 minutes ago
What interests does HRH have in Etihad?
----------------------------------------------------------------------
What interest does Deputy PM of Abu Dhabi, Mansour have in state owned airline Etihad?
----------------------------------------------------------------------
Well, yes.

Is he a director, does he have a direct role in the way the airline operates?

posted 6 days, 12 hours ago

If the IPO goes through, Etihad will be a Flag Bearet rather than a state owned airline much like BA

posted 6 days, 12 hours ago

*bearer

posted 6 days, 12 hours ago

comment by meltonblue (U10617)
posted 7 minutes ago
comment by FieldsofAnfieldRd (U18971)
posted 4 seconds ago
Melts

Two issues for me

It gives state owned clubs an unfair advantage over clubs that don't have comparative financial backing and are constrained by profit, loss, shareholders etc. Not all clubs have that source of revenue to tap.

Villa or Chelsea for example owned by hedge funds who have no loyalty to the club. They can accrue losses, kick the can down the road until the bottom falls out then bail. Unrestricted Associated party deals could be used to delay the inevitable (losses year after year) until its beneficial for the owner to bail leaving the club with debts.

We've seen plenty of examples of overeaching owners overspending leading to clubs dropping down the divisions and possibly ceasing to exist.
----------------------------------------------------------------------

I agree, like I said I thought it was inevitable as soon as they allowed the Saudi deal, that and the restricting of owner equity coupled together meant they were always going to have to implement something.

If what they’ve implemented is lawful, then fine. If it’s not, then they’ll rightly change the rules to ones that are lawful. It’s not going to go away all together.

----------------------------------------------------------------------
Lawful according to what though? Comparing the PL to other UK businesses and UK competition laws seems daft.

There's the big 6 of supermarkets all competing for market share. Where in UK business law does of say the supermarket ranked bottom of a league table will be excluded from.competing the following year?

What if the bottom ranked supermarket could sign a deal with another company it owns to avoid that exclusion?

Would that be fair to the other 5 supermarkets who competed fairly in accordance to the rules? Rules democratically agreed by all 6.

Other things like transfer windows, how easily contracts are broken, failing managers leaving the job being paid off millions etc aren't tecnically in accordance with UK business law.

posted 6 days, 12 hours ago

comment by Boris 'Inky’ Gibson (U5901)
posted 12 minutes ago
comment by FieldsofAnfieldRd (U18971)
posted 22 minutes ago
comment by Boris 'Inky’ Gibson (U5901)
posted 5 minutes ago
What interests does HRH have in Etihad?
----------------------------------------------------------------------
What interest does Deputy PM of Abu Dhabi, Mansour have in state owned airline Etihad?
----------------------------------------------------------------------
Well, yes.

Is he a director, does he have a direct role in the way the airline operates?
----------------------------------------------------------------------
Does he negotiate the deal with the CEO of Etihad or tell him how much and order it in his capacity as deputy PM of the country?

posted 6 days, 12 hours ago

comment by FieldsofAnfieldRd (U18971)
posted 20 minutes ago
comment by Boris 'Inky’ Gibson (U5901)
posted 12 minutes ago
comment by FieldsofAnfieldRd (U18971)
posted 22 minutes ago
comment by Boris 'Inky’ Gibson (U5901)
posted 5 minutes ago
What interests does HRH have in Etihad?
----------------------------------------------------------------------
What interest does Deputy PM of Abu Dhabi, Mansour have in state owned airline Etihad?
----------------------------------------------------------------------
Well, yes.

Is he a director, does he have a direct role in the way the airline operates?
----------------------------------------------------------------------
Does he negotiate the deal with the CEO of Etihad or tell him how much and order it in his capacity as deputy PM of the country?
----------------------------------------------------------------------
I doubt it, £20m a year for both shirt and stadium sponsorship sounds like he undersold it.

He should be criticised for charging mates rates

posted 6 days, 12 hours ago

comment by FieldsofAnfieldRd (U18971)
posted 35 minutes ago
comment by meltonblue (U10617)
posted 7 minutes ago
comment by FieldsofAnfieldRd (U18971)
posted 4 seconds ago
Melts

Two issues for me

It gives state owned clubs an unfair advantage over clubs that don't have comparative financial backing and are constrained by profit, loss, shareholders etc. Not all clubs have that source of revenue to tap.

Villa or Chelsea for example owned by hedge funds who have no loyalty to the club. They can accrue losses, kick the can down the road until the bottom falls out then bail. Unrestricted Associated party deals could be used to delay the inevitable (losses year after year) until its beneficial for the owner to bail leaving the club with debts.

We've seen plenty of examples of overeaching owners overspending leading to clubs dropping down the divisions and possibly ceasing to exist.
----------------------------------------------------------------------

I agree, like I said I thought it was inevitable as soon as they allowed the Saudi deal, that and the restricting of owner equity coupled together meant they were always going to have to implement something.

If what they’ve implemented is lawful, then fine. If it’s not, then they’ll rightly change the rules to ones that are lawful. It’s not going to go away all together.

----------------------------------------------------------------------
Lawful according to what though? Comparing the PL to other UK businesses and UK competition laws seems daft.

There's the big 6 of supermarkets all competing for market share. Where in UK business law does of say the supermarket ranked bottom of a league table will be excluded from.competing the following year?

What if the bottom ranked supermarket could sign a deal with another company it owns to avoid that exclusion?

Would that be fair to the other 5 supermarkets who competed fairly in accordance to the rules? Rules democratically agreed by all 6.

Other things like transfer windows, how easily contracts are broken, failing managers leaving the job being paid off millions etc aren't tecnically in accordance with UK business law.
----------------------------------------------------------------------

Lawful according to the arbitrators hearing the case, ultimately. All the clubs are still separate entities remember, they’re not subsidiaries of the PL. They can’t just implement any rule they want to, even if most clubs want them to.

posted 6 days, 12 hours ago

comment by FieldsofAnfieldRd (U18971)
posted 41 minutes ago
comment by meltonblue (U10617)
posted 7 minutes ago
comment by FieldsofAnfieldRd (U18971)
posted 4 seconds ago
Melts

Two issues for me

It gives state owned clubs an unfair advantage over clubs that don't have comparative financial backing and are constrained by profit, loss, shareholders etc. Not all clubs have that source of revenue to tap.

Villa or Chelsea for example owned by hedge funds who have no loyalty to the club. They can accrue losses, kick the can down the road until the bottom falls out then bail. Unrestricted Associated party deals could be used to delay the inevitable (losses year after year) until its beneficial for the owner to bail leaving the club with debts.

We've seen plenty of examples of overeaching owners overspending leading to clubs dropping down the divisions and possibly ceasing to exist.
----------------------------------------------------------------------

I agree, like I said I thought it was inevitable as soon as they allowed the Saudi deal, that and the restricting of owner equity coupled together meant they were always going to have to implement something.

If what they’ve implemented is lawful, then fine. If it’s not, then they’ll rightly change the rules to ones that are lawful. It’s not going to go away all together.

----------------------------------------------------------------------
Lawful according to what though? Comparing the PL to other UK businesses and UK competition laws seems daft.

There's the big 6 of supermarkets all competing for market share. Where in UK business law does of say the supermarket ranked bottom of a league table will be excluded from.competing the following year?

What if the bottom ranked supermarket could sign a deal with another company it owns to avoid that exclusion?

Would that be fair to the other 5 supermarkets who competed fairly in accordance to the rules? Rules democratically agreed by all 6.

Other things like transfer windows, how easily contracts are broken, failing managers leaving the job being paid off millions etc aren't tecnically in accordance with UK business law.
----------------------------------------------------------------------
Not the best analogy as supermarkets tend to fix prices and few people have the same emotional capacity as they do with football clubs

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