PL charge City for alleged breaches of financial rules

[Iassel]

Ah, the old adage about auditors. Treat them like mushrooms ....

Having spent a depressingly long time both being a Deloitte auditor and now being an auditee in my life, in this specific case it’s clear there is no finger being pointed at BDO.

The PLs underlying accusation is ultimately that some of the contracts City hold/held were only functional on paper and were just a vehicle for SM to pump equity money in.

BDO will have been presented a signed contract and seen funds coming into the bank and moved on. They may have even asked City the route of funds (unlikely) which as was seen at CAS there was a perfectly reasonable explanation for, so BDO not flagging any concerns doesn’t infer anything about them.

 

[Gorton_Tubster]

It would be a minimum of 6 people - if City appealed, a new panel would be formed to hear that appeal.

Whether it’s 6,3 or even 1 is irrelevant though - these are serious people forming the panel and are not going to find in the PLs favour unless they prevent something explosive that City can’t defend.

But even if we examine the reality of a kangaroo court as people constantly panic about, say that what City put up is truly incontrovertible and the panel finds against the club anyway - off the record, City would be fucking delighted as it’s basically the only route outside of the PL environment to an external court which is where the club have always argued this should be handled.

Makes sense. But do you have proof or evidence of our owners saying that?

 

[halfcenturyup]

Crazy scenes mate? Do tell……

Suicides, leaking brains, strip clubs, flirting with clients, all-night Amsterdam drinking, testifying at US enquiry, great people, stupid people, learning priority to the right in Holland, flirting with French teachers, trying to get in Danish junior's knickers, inevitably marrying a secretary, taking the world's most beautiful (non-English speaking) coffee girl out for lunch, FDs who testified against the Krays, dating his 6 foot 4 inch daughter, taking the punk receptionist out for lunch, luxury hotels in London, Paris, Munich, Madrid, Milan, LA, NY, Miami, HK, Tokyo, Singapore, Hippopotamus, learning how to spell separate, Sun Tzu, French arseholes, Swiss arseholes, South African arseholes, minuting French board meetings, cricket in Holland, Indonesian secretaries. Just a few. Choose one :)

 

[halfcenturyup]

Having spent a depressingly long time both being a Deloitte auditor and now being an auditee in my life, in this specific case it’s clear there is no finger being pointed at BDO.

The PLs underlying accusation is ultimately that some of the contracts City hold/held were only functional on paper and were just a vehicle for SM to pump equity money in.

BDO will have been presented a signed contract and seen funds coming into the bank and moved on. They may have even asked City the route of funds (unlikely) which as was seen at CAS there was a perfectly reasonable explanation for, so BDO not flagging any concerns doesn’t infer anything about them.

That I can agree with.

 

[BerkshireBlue]

When Utd and LFC had their match fixing scandal United's solicitor was on the panel investigating United! He found the club did nothing wrong and never bothered to interview key people because he 'trusted them'. Football hey?

I go into a lot of detail about it in an article I wrote a while back for subscribers to my website:

Match Fixing – Manchester United v Liverpool: A Long Read

Liverpool and Manchester United meet this weekend (17th January 2021) in the Premier League. It's a game that throughout the modern era has been played between two major clubs, hoping for success. This has not always been the case of course and in 1914-15 a notorious game between the two teams...

gjfootballarchive.com

wow i never knew that

 

[Lord Blue]

Crazy scenes mate? Do tell……

sometimes they were still up at 9pm in the evening

 

[halfcenturyup]

sometimes they were still up at 9pm in the evening

Get out of here. It's a man's life in the Institute of Chartered Accountants in England and Wales. Sometimes it was 10pm ....

 

[GaudinoMotors]

Suicides, leaking brains, strip clubs, flirting with clients, all-night Amsterdam drinking, testifying at US enquiry, great people, stupid people, learning priority to the right in Holland, flirting with French teachers, trying to get in Danish junior's knickers, inevitably marrying a secretary, taking the world's most beautiful (non-English speaking) coffee girl out for lunch, FDs who testified against the Krays, dating his 6 foot 4 inch daughter, taking the punk receptionist out for lunch, luxury hotels in London, Paris, Munich, Madrid, Milan, LA, NY, Miami, HK, Tokyo, Singapore, Hippopotamus, learning how to spell separate, Sun Tzu, French arseholes, Swiss arseholes, South African arseholes, minuting French board meetings, cricket in Holland, Indonesian secretaries. Just a few. Choose one :)

Hippopotamus

 

[halfcenturyup]

Hippopotamus

It's not what you think. :)

We had a training session with all partners and managers just outside Paris and, having been married for about 10/20 years each, the partners wanted to go to a show in Paris. So, many taxis and a good few beers in Paris later, we were walking to the Hippopotamus cabaret show (bare-boobed cabaret obviously) and, asking the senior Dutch partner where we were going, he said Hippo po TA mus (tbf that's how you say it in Dutch), rather than Hippo POT amus. Trust me, after a few beers it was funny. 20 partners and managers walking drunk in Paris giggling like schoolgirls stayed with me. Show was fine, but being unmarried, I was more interested in Dutch girl's real available boobs. He was OK, the senior partner, though, took it in good spirits, and let me take a white Opel Manta GTE with black windows and a black sunroof as a company car. Until he actually saw it, then he told me to park it around the corner away from the clients when I was visiting :)

 

[bluemanchester]

Suicides, leaking brains, strip clubs, flirting with clients, all-night Amsterdam drinking, testifying at US enquiry, great people, stupid people, learning priority to the right in Holland, flirting with French teachers, trying to get in Danish junior's knickers, inevitably marrying a secretary, taking the world's most beautiful (non-English speaking) coffee girl out for lunch, FDs who testified against the Krays, dating his 6 foot 4 inch daughter, taking the punk receptionist out for lunch, luxury hotels in London, Paris, Munich, Madrid, Milan, LA, NY, Miami, HK, Tokyo, Singapore, Hippopotamus, learning how to spell separate, Sun Tzu, French arseholes, Swiss arseholes, South African arseholes, minuting French board meetings, cricket in Holland, Indonesian secretaries. Just a few. Choose one :)

And now a main contributor to Bluemoons FFP thread.
Where does the excitement end for you;-)