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4 hours ago, GlossopLatic said:

 

I think during the times of Platini running UEFA and Blatter running FIFA then their was plenty of anti English sentiment particularly around the 2018 world cup bid. Both those 2 got shown up as being corrupt parasites though.

 

However Im not sure their is still the same anti English sentiment now. Though Im not particularly confident in either organisation to reign in the big clubs in this instance which is probably whats required.

Thank you, that's what I was trying to point out.

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Now reading in the Spanish press that the teams that have announced they are dropping out will each have to pay compensation of €300million by way of a penalty clause in the contract they signed  with JP Morgan. Just speculation??

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5 hours ago, RobinsDuckEgg said:

Now reading in the Spanish press that the teams that have announced they are dropping out will each have to pay compensation of €300million by way of a penalty clause in the contract they signed  with JP Morgan. Just speculation??

That can't be true.  The clubs and their legal teams would have known there was a risk it wouldn't come off and would never have signed up to that.  Didn't they each stand to receive a payment of around £300m if it went ahead?  Think the two things are probably being confused.

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52 minutes ago, Stevie_J said:

That can't be true.  The clubs and their legal teams would have known there was a risk it wouldn't come off and would never have signed up to that.  Didn't they each stand to receive a payment of around £300m if it went ahead?  Think the two things are probably being confused.

This may just be Florentino clutching at straws but here's an extract from the article:

 

Según las condiciones que fija el contrato, aquellos clubes que decidan abandonar la empresa están obligados a abonar una indemnización equivalente a la parte que iban a recibir al inicio (y que debían devolver con el paso de los años con un interés).

"El proyecto de Superliga permanecerá vivo mientras estos clubes, que están unidos en esta empresa por contrato, no paguen esa penalización", aseguran fuentes cercanas al proyecto. Las mismas fuentes especulan con que la UEFA intente buscar maneras de compensar a los clubes que abandonen el proyecto.

 

Short and dirty translation: According to the conditions of the contract any club that decides to abandon the project is obliged to pay compensation of an amount equivalent to what they were going to receive. The project will remain alive until they pay that compensation, according to sources close to the project. The same sources speculate that UEFA will try and find a way to compensate them.

 

Link to entire text:

 

https://www.vozpopuli.com/economia_y_finanzas/superliga-penalizacion.html

 

Edited by RobinsDuckEgg
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13 minutes ago, RobinsDuckEgg said:

This may just be Florentino clutching at straws but here's an extract from the article:

 

Según las condiciones que fija el contrato, aquellos clubes que decidan abandonar la empresa están obligados a abonar una indemnización equivalente a la parte que iban a recibir al inicio (y que debían devolver con el paso de los años con un interés).

"El proyecto de Superliga permanecerá vivo mientras estos clubes, que están unidos en esta empresa por contrato, no paguen esa penalización", aseguran fuentes cercanas al proyecto. Las mismas fuentes especulan con que la UEFA intente buscar maneras de compensar a los clubes que abandonen el proyecto.

 

Short and dirty translation: According to the conditions of the contract any club that decides to abandon the project is obliged to pay compensation of an amount equivalent to what they were going to receive. The project will remain alive until they pay that compensation, according to sources close to the project. The same sources speculate that UEFA will try and find a way to compensate them.

 

Link to entire text:

 

https://www.vozpopuli.com/economia_y_finanzas/superliga-penalizacion.html

 


If that is true - and these clubs signed up to it, it shows just how cranked these owners are 

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2 hours ago, RobinsDuckEgg said:

This may just be Florentino clutching at straws but here's an extract from the article:

 

Según las condiciones que fija el contrato, aquellos clubes que decidan abandonar la empresa están obligados a abonar una indemnización equivalente a la parte que iban a recibir al inicio (y que debían devolver con el paso de los años con un interés).

"El proyecto de Superliga permanecerá vivo mientras estos clubes, que están unidos en esta empresa por contrato, no paguen esa penalización", aseguran fuentes cercanas al proyecto. Las mismas fuentes especulan con que la UEFA intente buscar maneras de compensar a los clubes que abandonen el proyecto.

 

Short and dirty translation: According to the conditions of the contract any club that decides to abandon the project is obliged to pay compensation of an amount equivalent to what they were going to receive. The project will remain alive until they pay that compensation, according to sources close to the project. The same sources speculate that UEFA will try and find a way to compensate them.

 

Link to entire text:

 

https://www.vozpopuli.com/economia_y_finanzas/superliga-penalizacion.html

 

I'd love it to be true and see JP Morgan pursuing the twelve clubs for €3.6 billion.

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3 hours ago, RobinsDuckEgg said:

This may just be Florentino clutching at straws but here's an extract from the article:

 

Según las condiciones que fija el contrato, aquellos clubes que decidan abandonar la empresa están obligados a abonar una indemnización equivalente a la parte que iban a recibir al inicio (y que debían devolver con el paso de los años con un interés).

"El proyecto de Superliga permanecerá vivo mientras estos clubes, que están unidos en esta empresa por contrato, no paguen esa penalización", aseguran fuentes cercanas al proyecto. Las mismas fuentes especulan con que la UEFA intente buscar maneras de compensar a los clubes que abandonen el proyecto.

 

Short and dirty translation: According to the conditions of the contract any club that decides to abandon the project is obliged to pay compensation of an amount equivalent to what they were going to receive. The project will remain alive until they pay that compensation, according to sources close to the project. The same sources speculate that UEFA will try and find a way to compensate them.

 

Link to entire text:

 

https://www.vozpopuli.com/economia_y_finanzas/superliga-penalizacion.html

 

Why should they be compensated? They knew exactly what they were doing.

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