PL charge City for alleged breaches of financial rules

terraloon said:
Clubs are required to adhere to the convention ( if that’s the right word) agreed or allowable under HMRC regulations.Image rights have been the subject of a number of tax tribunals. In terms of HMRC they really didn’t get a clear direction until 2019

As long ago as 2109 over 44 professional clubs and 177 players were under investigation following issues around payment of image rights.It used the be the case that there was an acceptable % paid by way of image rights but the approach now is that the image rights payments are valued on a player by player basis.Such valuations are independent.

Under both FA rules and indeed copied into the PL rule book (I can’t find such restrictions in either FIFA or UEFA rule sums payable have to be paid by the club or from a subsidiary company within the group.I am not sure that’s an historical rule but suspect the wording in older FA versions would have said something along the lines all payments have to be made by the club.

As the image rights have to be included in the players standard contract they can not be paid by a third party

It is allowable to pay the image rights into a UK registered company but payments to an offshore company are considered to be remuneration and subject to both PAYE and Class 1 NIC.

My understanding is that when Bohley and his associates purchased Chelsea issues with taxation apparently part of which revoked around image rights was an issue and Chelsea seemingly made a voluntary disclosure.
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You mention payment offshore etc but many players are foreign so say for instance Spain has a tax treaty with UK so would pay all global tax based on most residence days during each countries financial year.
Is this treaty observed?
 
terraloon said:
Clubs are required to adhere to the convention ( if that’s the right word) agreed or allowable under HMRC regulations.Image rights have been the subject of a number of tax tribunals. In terms of HMRC they really didn’t get a clear direction until 2019

As long ago as 2109 over 44 professional clubs and 177 players were under investigation following issues around payment of image rights.It used the be the case that there was an acceptable % paid by way of image rights but the approach now is that the image rights payments are valued on a player by player basis.Such valuations are independent.

Under both FA rules and indeed copied into the PL rule book (I can’t find such restrictions in either FIFA or UEFA rule sums payable have to be paid by the club or from a subsidiary company within the group.I am not sure that’s an historical rule but suspect the wording in older FA versions would have said something along the lines all payments have to be made by the club.

As the image rights have to be included in the players standard contract they can not be paid by a third party

It is allowable to pay the image rights into a UK registered company but payments to an offshore company are considered to be remuneration and subject to both PAYE and Class 1 NIC.

My understanding is that when Bohley and his associates purchased Chelsea issues with taxation apparently part of which revoked around image rights was an issue and Chelsea seemingly made a voluntary disclosure.
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Very informative but are you tell me I said something wrong ?
 
waspish said:
Only thing I can think is if the rags get bought out by Qatar Liverpool be in the shit with the no buyers at the moment stuck with FSG who love taking money out! If Qatar can have two clubs also maybe Liverpool hoping someone from Abu Dhabi buy them!
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The top 6-10 clubs will all have Arab owners soon if the superleague goes ahead.They will all want in on it.
 
Can some1 explain to me
Are all these allegations regarding VAR as reported on here going to actually help us?
Tbh I'm confused to Kingdom come
 
birchwoodgingerste said:
The top 6-10 clubs will all have Arab owners soon if the superleague goes ahead.They will all want in on it.
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Super league ain’t happening for premier clubs any club competing team will be fined 300m and docked something like 20 points.. so which club is going to compete in a competition that Everytime you enter it it will cost you 300m
 
Corky said:
They will just leave the PL. That is the point, the sanctions will never ever happen.
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Don’t be ridiculous that isn’t what the super league about! Leaving the Premier league yeah really the likes of Madrid Barcelona Juventus and psg will laugh there bollocks off if any premier team leaves the golden goose!
 
waspish said:
Only thing I can think is if the rags get bought out by Qatar Liverpool be in the shit with the no buyers at the moment stuck with FSG who love taking money out! If Qatar can have two clubs also maybe Liverpool hoping someone from Abu Dhabi buy them!
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fsg havent taken a penny out of liverpool
 
havefaith said:
Theres a lot more to Pinto's hack than just City, found this article the other day having had similar thoughts. Worth a read.

www.newyorker.com

How Football Leaks Is Exposing Corruption in European Soccer

While Rui Pinto sits in jail, his revelations are bringing down the sport’s most famous teams and players.
www.newyorker.com www.newyorker.com
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Thanks for posting. I should have thought to look into Pinto before now. Reading that give me a different insight into the whole case & it's further strengthened my resolve.

It's evident the top strata of European football is as bent as fuck. City's faux pas? We merely wanted to compete to sit at the top table, & the European elite didn't like, or want to entertain the prospect of outside competition.

We've tried to find ways around the unfair FFP which was specifically created to stop us, & protect the European elite from competition. This is very different to the rape cover-ups, bribes, sweetners & tax dodging other clubs, players & agents were accused of.

It now also seems that City are the Strawman distraction being used to shield & deflect attention away from the very teams who're out to end us.

For all our strengths, City seem a bit backward in defending ourselves on the front foot. Well that's how it seems to me from the outside, but hopefully there's a shit load more happening under the surface in our defence... )(
 
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ell said:
fsg havent taken a penny out of liverpool
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They have they’ve mask it as rebuilding get a massive loan out for the ground increase! They’ve spent 700m Under Klopp under pep we spent 1.1b so Liverpool have had around the same turnover as city so where has that 300/400m gone!! Yep I’m FSG funnelled back pocket oh and FSG has evidence of cheating they are kunts
 
Winchester said:
Can some1 explain to me
Are all these allegations regarding VAR as reported on here going to actually help us?
Tbh I'm confused to Kingdom come
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The general opinion is no. Because its doubted it exists. There are some believer's and they might even be right but on the face of it it seems fantasy. Especially because the story matches all of our dreams rather than stark reality.
 
Gorton_Tubster said:
The general opinion is no. Because its doubted it exists. There are some believer's and they might even be right but on the face of it it seems fantasy. Especially because the story matches all of our dreams rather than stark reality.
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Sadly life isn't like a movie, problems solved in 90 minutes, where the good guy gets the girl and the bad guy gets the bullet.
 
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