that he'd stop hosting Match of the Day, and continue to front the FA Cup and World Cup into 2026, is in tatters.
Walter Merricks argued that shoppers were charged higher prices after fees were wrongly levied on transactions made over a 15-year period between 1992 and 2008.It is not necessary to have owned a Mastercard at any point to be eligible for compensation. Mastercard declined to comment on the court ruling.
Consumers are eligible to claim compensation if they lived in England, Wales or Northern Ireland for at least three months between June 1997 and June 2008, and bought goods or services from UK businesses that accepted Mastercard credit cards.For those who live in Scotland, the starting point is May 1992.The entire settlement is for £200m, with £100m ringfenced for consumers who have until the end of this year to claim and if the expected 5% of claimants - 2.5 million people - come forward, then each will receive £45.
If fewer people apply, payments will be capped at £70 per claimant.Mr Merricks said consumers would soon be able to register to receive a payout by completing an online form.
He launched his claim after the European Commission ruled in 2007 that Mastercard's "multilateral interchange fees" charged to businesses had infringed competition law since 1992.
The fees were paid by retailers accepting Mastercard payments, rather than by consumers themselves.In the short term, Levy will sign off a £2m bonus to Postecoglou for lifting the club's first European trophy since 1984.
The players will also split a performance-related package of around £3m for their success, though it is understood that automatic pay increases for Champions League qualification are not universal across all personal contractual agreements.Either way, you'd imagine Levy will have no qualms with paying for his club's historic success.
We shouldn't, however, expect the Tottenham chairman to continue spending lavishly this summer. History tells us it's not his style.But building on Wednesday night's euphoria will come at significant expense.