Football clubs and state aid (1 Viewer)

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Bassman

New Member

• Apr 10, 2013

• #1

Interesting article I read a week or so back regarding local authority involvement with football clubs.

http://www.bbc.co.uk/sport/0/football/22037966

Sobering reading for SISU and anyone else who thinks the council should either give the stadium over to CCFC for free, or give them overly favourable tenancy agreements.

 

James Smith

Well-Known Member

• Apr 10, 2013

• #2

Wonder if acting as a guarantor on the loan a financial institution makes to a club could land a local authority in hot water. Might affect Nottingham City Council and Nottingham Forest Football Club in that case, if the 10 years are counted as from the end of the deal.

 

C

Colin1883

Member

• Apr 25, 2013

• #3

Re: posted 2 weeks ago...

It seems sisu do read this forum...

 

davebart

Active Member

• Apr 25, 2013

• #4

In general terms, the rules are broken only when a public body acts in a way a private investor would not: so a fixed-term loan to a club at commercial rates is fine

 

A

Ashdown1

New Member

• Apr 25, 2013

• #5

Colin1883 said:

Re: posted 2 weeks ago...

It seems sisu do read this forum...

Click to expand...

They probably make some of their decisions and get some of their ideas based on forums like these.

 

ajsccfc

Well-Known Member

• Apr 25, 2013

• #6

It'd explain why talks break down if they get their cues from this place. They'd just call anyone not toeing the line a bumlicking apologist in a really shouty voice.