PL charge City for alleged breaches of financial rules

CC1 said:
Just for clarification - I thought the panel had been selected which is why we objected to the KC Rosin who’s an Arsenal fan?? Anyone know who is on the panel
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It may or may not have been selected but Rosin was given the task to do so and could if he wanted appoint himself on it (as chair I think). I wouldn't be surprised if we didn't bring up Rosin's appointment at all, it does whiff of media bollocks.
 
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Centurions said:
It may or may not have been selected but Rosin was given the task to do so and could if he wanted appoint himself on it (as chair I think). I wouldn't be surprised if we didn't bring up Rosin's appointment at all, it does whiff of media bollocks.
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That's what I thought - it would be very small-minded to view that as an issue. I'm sure Rosen can assess if his involvement was a problem for himself and would act appropriately.
 
Chris in London said:
what error?
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Only one way to record a sale of 60m. Record income of 60m immediately and set up a corresponding debtor which reduces as payments are made. Take your point on the 10m add-on, though. But you can't record part payments as income when they are paid under the accruals concept which GAAP requires be used for company accounts. Unless I misunderstood what you were saying, or things have changed since I was an accountant about a lifetime ago, in which case I will look like an idiot. Again.

:)
 
melrose40yarder said:
Big clubs like Spurs and thats where the argument is flawed they have never been a big club apart from the early 60s and then early 80s.
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Levy is a deluded twat though, who has clearly annoyed Pep - he made direct reference to Spurs in one of his organised rants at our enemies and their influences
 
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melrose40yarder said:
Big clubs like Spurs and thats where the argument is flawed they have never been a big club apart from the early 60s and then early 80s.
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Spurs a big club !you mentioned in the 60’s yes but since then irrelevant,a big club in their own minds buts that’s about it ..oh although they do have a nice big stadium..
 
halfcenturyup said:
Only one way to record a sale of 60m. Record income of 60m immediately and set up a corresponding debtor which reduces as payments are made. Take your point on the 10m add-on, though. But you can't record part payments as income when they are paid under the accruals concept which GAAP requires be used for company accounts. Unless I misunderstood what you were saying, or things have changed since I was an accountant about a lifetime ago, in which case I will look like an idiot. Again.

:)
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Maybe bad example but the general point I was making is that there are many situations where a company has a choice as to how to record a particular transaction, and they can select their own policy but they must apply it consistently and the raw data on which the report is based must be accurate
 
mancboy said:
from the time of the sheikh taking over they have always sought to damage citys reputation, its all they know how to do they tried to do it with chelsea when they first threatened them but the reality is the weapons they have are weak, the red tops dont have any kind of global reach and are just quoted ad nauseum by morons.

What the mail says may resonate with dave from london who went to old trafford on a day trip once and swears blind that city are cheating cos utds istree means that they are best club in the world but the reality is that the pl is now a global brand and what the mail says doesnt reach australia , usa etc etc and our reputation far outweighs the pathetic tired bullshit being trundled out by the supposed legacy club and even if they want to go down that route it would only serve to expose their own nefarious dealings.
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The mail that’s part of a group of media outlets across the global and has the most visited website for news or sport or something ?
 
mcfcphil said:
You’re working on the assumption the PL itself had any choice whether to bring charges. The PL actions are dictated by Arsenal, United, Spurs, Liverpool et al.

It was those clubs who decided to bring charges against city not the PL and it shouldn’t come as any surprise as they had nothing to lose by doing it.

Case comes to nothing = city’s reputation is damaged.
Case is proven = city are sanctioned.
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Some people believe the hypothesis that the PL brought the charges against City, whilst others think the charges were brought following pressure on the PL from Arsenal, United, Spurs, Liverpool etc. It's there any hard evidence of these clubs extending this pressure? It looked to me as though the trigger was the government proposals on PL regulation.
 
Len Rum said:
Here's a thought. The PL does not have the authority to determine whether a breach of it's rules is unlawful. Therefore under English law any of the alleged breaches pre February 2017 are time barred by virtue of them being more than six years from the date of action and not proven as unlawful? This wouldn't leave many allegations.
Also as far as I am aware FFP did not come into force in the PL until 2013/14 season? Hence ( notwithstanding time barring) this must surely act in City's favour should the Committee decide against the club on any allegations made prior to this date?
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Unlawful ? FFP rules are not law ? Or are you saying because the allegations are about more than FFP accountancy and company processes fraud and the law they have no jurisdiction in fact the fact they are so serious helps us ?
 
WRicko said:
Unlawful ? FFP rules are not law ? Or are you saying because the allegations are about more than FFP accountancy and company processes fraud and the law they have no jurisdiction in fact the fact they are so serious helps us ?
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Let me reverse the question. You think not complying with PL regulations is illegal?

I think his point is that the PL doesn't have the competence to determine criminality, and so aren't in a position to go back further than 6 years.
 
if you were in business and someone came along and showed you how to make that business win and make even more money and totally modern ,would you attack them, the premier league should of got khaldoon and his mates on board to help the premier league to be more successful in the medium/long term , i think they are trying to shoot the goose that will lay golden eggs.
 
Sir peace frog said:
if you were in business and someone came along and showed you how to make that business win and make even more money and totally modern ,would you attack them, the premier league should of got khaldoon and his mates on board to help the premier league to be more successful in the medium/long term , i think they are trying to shoot the goose that will lay golden eggs.
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And will hopefully end up buried under a huge pile of goose shit.
 
Colin Bells Boots said:
Fucking hell, and all the bloody mither the **** has caused us , should have got life !
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No doubt the English press will treat him as a hero but he is guilty of attempted extortion and is facing more charges as the investigation continues.

www.icij.org

Luanda Leaks whistleblower Rui Pinto faces fresh charges but may benefit from amnesty reforms timed to coincide with papal visit - ICIJ

The source of ICIJ’s Luanda Leaks and a separate exposé that rocked the global soccer industry faces 377 new charges and the prospect of another trial, despite an anticipated amnesty.
www.icij.org www.icij.org
 
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