Sky Blue Dal
Well-Known Member
Last edited:
No it doesn't, but if public money is to be spent on commercial enterprises then an application procedure must be followed and granted by the EU commission.
Clearly that did not happen as it takes many months and would require a hearing of all parties - including sisu/ccfc.
SORRY... IGNORE THIS.. Realised my error of my way. Concentration relapse!! Removed it
I find it odd that a venue that wants to compete against the NEC and other venues wants to get rid of car parking facilities. Seems a bit mad. I used to park in C too.
Has he got a bag big enough to hold a smoking gun? I'm waiting for the big reveal...
Has he got a bag big enough to hold a smoking gun? I'm waiting for the big reveal...
So basically you're saying that the only company that may have grounds to complain that the loan through CCC was state aid would be the YB, as they are the only private company involved that faced what could be described as unfair commercial advantage.
So why are sisu doing this?
I don't think there can be a draw on this one.
The loan either passed the EU test or it didn't !
The case isn't about demonstrating that any one company lost out though, it's about showing a distortion of the market. The commercial loans market had been distorted by a state body using state funds (in theory).
Got to say I'm flagging here. The court recorder pulled out a banana at the break earlier which shows that he knows his stuff. Roll on lunch...
There
I'm more interested to know whether the banana passed the EU test or not to be quite honest.
Multistorey?
There are strict rules on banana being imported into the UK. They have to have a decent bend in them.
So basically you're saying that the only company that may have grounds to complain that the loan through CCC was state aid would be the YB, as they are the only private company involved that faced what could be described as unfair commercial advantage.
So why are sisu doing this?
Sisu QC offered judge opportunity to break for lunch but denied! Worst news since the coat hanger story.
My stomach is about to get slapped with a contempt of court charge any minute now.
So why has the club been tagged onto the list of companies with arvo that are seeking the JR? As far as I know none of the companies that make up the club are not in the mortgage business. If anyone was going in with arvo surely it would be another company in the financial market? HSBC Lloyds TSB, Wonga etc.
OK, maybe not Wonga but they'd be more relevant to the basis of the JR than a football club.
I don't think there can be a draw on this one.
The loan either passed the EU test or it didn't !
QUOTE: Case law is a bit technical but main point so far is Sisu QC says council should have informed EU but didn’t.
If this is the case then the CCC have totally messed up.
There is a deminimus (below threshold or block exemption) declaration for recipents to complete but not sure if the authority has to actively declare anything tbh.
Also not sure what the remedy for not telling the EU would be anyway.
There is a deminimus (below threshold or block exemption) declaration for recipents to complete but not sure if the authority has to actively declare anything tbh.
Also not sure what the remedy for not telling the EU would be anyway.
I'd guess that the ruling's going to be the decision needs to be retaken and EU informed, if they're happy we're happy and we all move to Brussels for the second leg.
I'd guess that the ruling's going to be the decision needs to be retaken and EU informed, if they're happy we're happy and we all move to Brussels for the second leg.
Threshold is £200.000 I believe.
Anyway - here's a 60 slide PowerPoint presentation on the subject:
https://www.gov.uk/government/uploa...t_data/file/31700/11-1040-state-aid-guide.pdf
I find it odd that a venue that wants to compete against the NEC and other venues wants to get rid of car parking facilities. Seems a bit mad. I used to park in C too.
Can't wait.
I'd guess that the ruling's going to be the decision needs to be retaken and EU informed, if they're happy we're happy and we all move to Brussels for the second leg.
I was trying to think "What would be the most annoying outcome possible?" as that tends to be what happens to City fans.
I don't think so - in case the use of public funds is found illegal state aid the judge will rule so. I believe he will tell the council to revoke the loan - probably giving a one month schedule to comply. Then CCC may appeal, but I think the sisu QC making a big fuss about individual councillors not being guided truthfully will create some political waves and intense discussions before any decision about appealing can happen. Oh and Chris West is probably going to take the blame.
The fallout of this sees SISU team up with Robinson, Richardson and McGinnity in a dream team consortium, money is raised beyond pies by Mutton and Lucas agreeing to take part in an infinite number of streaking contests? Marlon King appointed to improve club's profile among women, Byng given the brief of social media and technology officer?
I was trying to think "What would be the most annoying outcome possible?" as that tends to be what happens to City fans.
Brody, surely?
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