PL charge City for alleged breaches of financial rules

[halfcenturyup]

I can't be arsed reading all of it - has this got any legitimacy as it's pretty detailed in 10 tweets

I think that is just UEFA's case that was thrown out by CAS. May be wrong.

 

[The Light Was Yellow Sir]

Only to sanctimonious Simon or Simple as I like to call him. Never has a human being ( apart from J R Mogg ) put so much effort into using works he hopes other people don’t understand. Bless the poor man is completely inebriated by the exuberance of his own verbosity.

Bet you wish you’d put words instead of works, after all that ;-)

 

[argyle]

Talksport playing a "fun" game of how to rewrite results back to 2009 "if" City have been "cheating"

All fun and games isn't it. Even if we aren't guilty of anything, our reputation is fucked.

why on Earth are you listening to shite like talksport?

 

[bluenova]

A follow up for you: why has it been deemed that straight up owner investment - I own this business, I have this money, I will put this money into this business - is somehow worse than everything you mention?

When FFP was first discussed, debt was the main target, and Platini actually mentioned Real Madrid and Barcelona. He also highlighted Man United and the Glazer debt.

Somehow, by the time it was introduced, rather than targeting these clubs it actually benefitted them.

So, to answer your question, It's worse because the clubs who already had power decided it was.

 

[cheekybids]

Regarding sponsorship, I’ve no idea but inflating deals has been alleged. Not sure the relevance of the value of the Etihad.

The continued allegation of being propped by related sponsors from AD despite the fact that it’s been proved & accepted they are not related. Also Clubs with US backers are sponsored by US companies, again no suspicious allegations are made so why does this myth continue.

Im not digging you out but I just want people to also consider that the most successful club in the richest league in the world are a pretty attractive proposition.

 

[Holcombe bloo]

Apologies if this has already been covered.

I have worked for the same highly profitable large corporation business in a senior management role for the last 38 years.

Businesses don't make decisions or decide courses of action, Directors and senior managers do.

Exactly who in the PL management structure is driving this?

Somebody right at the top and previously vetted by the American owners of two clubs not too far from us. That’s who

 

[Groke]

Arsenal, bankrolled by the mythical Rwandan tourist board, where even illegal economic migrants won’t go and who blew 72million on Pepe are now pontificating to us about financial frugality

They are like a pathetic little lap dog, yapping away behind the 2 ugly sisters

 

[feelymcfeel]

When FFP was first discussed, debt was the main target, and Platini actually mentioned Real Madrid and Barcelona. He also highlighted Man United and the Glazer debt.

Somehow, by the time it was introduced, rather than targeting these clubs it actually benefitted them.

So, to answer your question, It's worse because the clubs who already had power decided it was.

Precisely my point mate. It's a load of old bollocks.

 

[The Light Was Yellow Sir]

Can't bear to listen to any sports media right now. Just curious, does Simon Jordan think we are likely to get expelled or something to that effect?

Basic error, mate. You’ve used Simon Jordan and think in the same sentence…..

 

[pavelsrnicek]

I think City desperately need to try and go on a PR offensive. The charges are complex enough but the narrative is simply City cheated therefore relegate them, strip them of titles, deduct points and give them a transfer ban.

As long as that’s the pervading narrative our name is mud. It will damage us in negotiations with players, sponsors and coaches. It will tarnish any of the clubs achievements. If the charges, or the majority and most serious of them, are dismissed that will be a footnote. The damage will have been done. Our club will have suffered such reputational damage that couldn’t be undone.

The City PR department need to do something that never seem to have done before, get very aggressive. We could warn journalists to temper their articles, tell them if they condemn us now, we’ll ban them for life if the charges are dismissed. Warn newspapers, Sky, Talksport to be accurate and neutral or lose all access if we’re cleared. It might stop the condemnation and move towards factual reporting.

 

[woody1968]

A follow up for you: why has it been deemed that straight up owner investment - I own this business, I have this money, I will put this money into this business - is somehow worse than everything you mention?

It became worse the minute we had more money than “them”. We are the lottery winners who have built a fabulous new house on some old “private road” in Wilmslow and that has pissed our new neighbours off so so much. Each day sitting there in their decrepit old house, up to the eyeballs in debt, twitching the curtains and muttering “bastards” to themselves. Of course back in the day the rich thought that wealth was fine but according to “them” it’s not for everyone.
Green eyed fuckers.

 

[Prestwich_Blue]

I think d

I think you work in finance and accounting Colin? Do you know how long BDO have been our auditors and is it of any surprise that we don’t use one of the “Big 4” as our auditors? Which of course used to be a “Big 5” with Arthur Andersen (pre Emron)?

I don't work in the accountancy sector and haven't for many years but when I did it was for a company that eventually was absorbed into BDO. Along with Grant Thornton, they're the next biggest behind the likes of EY, PWC, KPMG and Deloitte. They operate in over 150 countries so they're certainly far from the one-man band I worked for just after leaving them.

They became our auditors in 2006, as they audited the 2007 accounts, so pre-date either takeover.

 

[hammocity]

The UEFA case had certain issues 'time barred, also the illegally obtained evidence like hacked emails were inadmissible. This won't be the case with the PL case.

The illegally hacked emails weren't inadmissible, where did you get that from?

 

[Bazzmand Show]

It's part of the unfortunate hysteria of reporting.

Because there's no obvious rules around punishments, people let their imaginations run wild. There's a report in one paper about United staff wondering about getting winners medals for 2017/18.

The punishment could be a fine, points reduction, relegation, expulsion from the football system - even forcing the season to be replayed is theoretically within the Premier League's powers.

It's what makes people think they've been cheated when the club only gets a fine.

Agreed, the hysteria will die down in a few days anyway and people move onto something else. By the time this gets resolved it will have fizzled out imo.

 

[TheThirdDeano]

Timely reminder that the person who’s signed off on the United deal with Chevrolet was fired for giving them too much money. And the same thing happened again recently.

If I didn’t already know the answer I’d ask why isn’t that being investigated? The whole place needs burning down, fumigating and exorcised. Here’s hoping city can do a number on them.

 

[Maly]

We need to invest in hackers of our own.

Something tells me we don’t need to

 

[Kamaro011]

I think City desperately need to try and go on a PR offensive. The charges are complex enough but the narrative is simply City cheated therefore relegate them, strip them of titles, deduct points and give them a transfer ban.

As long as that’s the pervading narrative our name is mud. It will damage us in negotiations with players, sponsors and coaches. It will tarnish any of the clubs achievements. If the charges, or the majority and most serious of them, are dismissed that will be a footnote. The damage will have been done. Our club will have suffered such reputational damage that couldn’t be undone.

The City PR department need to do something that never seem to have done before, get very aggressive. We could warn journalists to temper their articles, tell them if they condemn us now, we’ll ban them for life if the charges are dismissed. Warn newspapers, Sky, Talksport to be accurate and neutral or lose all access if we’re cleared. It might stop the condemnation and move towards factual reporting.

They will somehow spin this as banning for free speech, it's only getting worse if we do this.

 

[ysmsa]

Arsenal, bankrolled by the mythical Rwandan tourist board, where even illegal economic migrants won’t go and who blew 72million on Pepe are now pontificating to us about financial frugality

Ha ha,

Did you miss the episode of "Wish you were here" from Rwanda with Judith Chalmers being chased by gun toting guerrillas.

 

[bell_mcfc]

Wow what a couple of days. I’ve been inactive because of work and trying to catch up on this all. No shock though PL been coming after us for years what was it 9 teams that signed against us. I love that Pep even bought that up the other day. Unfortunately your everyday person isn’t going to read into this or understand what’s happening so the club’s reputation is going to really suffer. Let’s stick it to them like we did UEFA. One rule for some, different for others isn’t it? Entitled pricks.

 

[ayrshire_blue]

I don't work in the accountancy sector and haven't for many years but when I did it was for a company that eventually was absorbed into BDO. Along with Grant Thornton, they're the next biggest behind the likes of EY, PWC, KPMG and Deloitte. They operate in over 150 countries so they're certainly far from the one-man band I worked for just after leaving them.

They became our auditors in 2006, as they audited the 2007 accounts, so pre-date either takeover.

Would I be right in thinking that BDO's own reputation will take a giant hit should these charges be upheld? Given, the PL are essentially implying that we as a club have successfully duped BDO over a sustained period and they didn't notice?

That just sounds ridiculously inconceivable.