LeonardoDaVnci
Well-Known Member
We don't know, we can only infer how long it will take. If you read CAS you can see the level of detail the UEFA lawyers went down to, ie they scrutinised selected transactions over a limited time. The PL charges relate to 10 years of finanancial reporting and the investigation took 4 years to complete.
I posted this "simulated" scenario re Etisalat....
Maybe the PL witchhunt works like this, the PL lawyers scrutinise every single sponsorship financial transaction from all MCFC bank accounts (in chronological order) to drive the case.
So for example, 01/04/11 MCFC received a payment of £15M into the clubs current account. The "PL" believe this was sent by the owner of MCFC as disguised equity funding and was concealed in the annual accounts ie reported as sponsorship funds from Etisalat and therefore is a breach of PL rules. So in defence MCFC provide documentary evidence proving the sponsorship agreement between MCFC and Etisalat, call on executive officers of both parties to corroborate the agreement and provide evidence from the banks of the sender of the funds. So where does the argument go then ?, the PL lawyers have only one option ie to accuse the defence of dishonesty during the hearing. So then the PL lawyers could spend copious amounts of time discussing the integrity and honesty of the witnesses, the sponsors, accountants, auditors and the MCFC legal advisors throughout the ten year period.
WHY IS IT TAKING SO LONG ?...
In my previous post above I've outlined a scenario for one transaction. This is the level of resolution the PL lawyers will be compelled to go down to given the nature of the charges. However to do this for every sponsorship and image right transaction (there could be hundreds in a decade) will be highly time consuming. We don't know the structure of the PL case and how the hearing will be conducted, ie will it be purely chronological ? For example, if the Ethihad sponsorship is validated in FY 2012-2013 does it have to be revalidated again for all the remaining FYs, my guess is Yes. This is why it could take to many years and millions of pounds to resolve. My question has never been answered, who is paying the PL legal expenses ? and has the full cost of the entire investigation into MCFC (now 6 years) ever been disclosed in the PL accounts filed at Companies House.
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