Simon Gilbert@TheSimonGilbert · 25s ACL QC still going over case law. Effect on European trade the focus. Hard going for the neutral observer. Important part of process though.
11:15 am
The Sky Blues will face Watford in pre-season Back to the the football. You remember that right? Anyway, the Sky Blues have arranged a pre-season friendly with Watford.
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Still pressing the point on Sisu proving that competition was distorted. ACL QC says Sisu relying on one quote from a textbook that threshold for proof is relatively low. He has just read out the full quote from the book and claims
ACL QC says burden of proof lies with Sisu and must include economic analysis of the effect on competition of any state aid. He says Sisu have only provided statements that a market existed.
Simon Gilbert@TheSimonGilbert · 19s Council QC finished by saying Sisu sought to overturn ACL loan deal to distress ACL and gain control of the Ricoh Arena.
Council QC says Sisu trying to get the loan deal overturned to get ACL back to the distressed financial position it was in so they can seek to gain control of the Ricoh Arena.