Finney Is Back
Luka Modric
Chelsea’s?…. I don’t get you?Just like City and Chelsea's I expect
Saudi Sportswashing Machine will be allowed sponsorship deals with Saudi Arabian companies as long as the Premier League considers them "fair market value".
On Tuesday Premier League shareholders removed the temporary block put on the club since its controversial takeover.
Clubs have been uneasy over the takeover, which prompted Premier League chairman Gary Hoffman to decide to step down at the end of January 2022.
The Premier League board will decide what is "fair market value".
There was a concern Saudi Sportswashing Machine could sign deals with companies closely aligned to the Saudi Arabian Public Investment Fund that provided much of the finance for the takeover, and which would be used to inflate their spending capacity under Financial Fair Play (FFP) rules.
Saudi Sportswashing Machine will pitch their sponsorship at top 3 level and claim (just as City did a decade or so ago) that is represents value as in 10 years’ time they will be a club consistently challenging for, and winning, the big trophies.