Payments regulator in Treasury crosshairs as firms revolt Banking As the government hunts for ways to make Britain more competitive, the country's payments regulator has become caught in the crosshairs.
How Manchester City made shareholder loans the Premier League’s new battleground Sport Amid the claims and counter-claims that spewed forth after Manchester City’s legal challenge to the Premier League’s associated party transaction rules, one fact was undeniable: shareholder loans have now joined APT, PSR and FFP in the lexicon of football fans. City’s lawyers argued that if their sponsorship deals with Abu Dhabi entities such as Etihad [...]
Revealed: Chelsea considered 40 per cent increase in ticket prices Sport Business The huge price hike was rejected on the grounds that it was unfair to penalise fans.
Premier League v Man City: What to expect from the eye-catching legal battle September 16, 2024 What exactly is the hearing looking at, and what should we expect to learn?
Manchester United in the red again – but confident they’ll escape PSR charge September 11, 2024 English football's profitability and sustainability rules stipulate that clubs may not lose more than £105m over a rolling three-year period.
Premier League makes decision on whether to fight Leicester PSR verdict September 11, 2024 Having lost at appeal, the Premier League's only further possible recourse is to take the matter to arbitration.
Cutting bank transfer fraud refund limit not enough, industry warns regulator September 4, 2024 The UK’s payments regulator is under pressure to U-turn on a controversial fraud reimbursement scheme after confirming it would look at scaling back the measures.
Premier League to rewrite rules after ’embarrassing’ legal defeat September 4, 2024 The decision by an independent appeal board exposed a loophole in the Premier League’s rulebook that other clubs facing similar charges could also exploit.
UK regulator set to cut fraud refund limit but sticks by deadline for controversial rules September 4, 2024 The UK’s payments regulator is poised to lower the maximum amount banks and fintechs would have to reimburse fraud victims under a new regime, but stuck by its October implementation date despite mounting pressure. In their current form, new rules from the Payment Systems Regulator (PSR) are due to force banks and fintechs to reimburse [...]
Chelsea manager: Premier League PSR rules must change to ‘protect’ academy players August 6, 2024 The Blues have been criticised for selling off homegrown talent in order to balance the books.