PL charge City for alleged breaches of financial rules

I'm probably missing the point, but doesn't 'fair market value' apply to sponsorships, not manager/player remuneration?

Yes. I meant that more as in the renumeration. If we were paying Mancini an acceptable amount at the time just from us, then unless we were also paying Al Jaziras wage to him too, I’d argue there’s nothing wrong with it, it’s got sod all to do with the PL.
 
Yes. I meant that more as in the renumeration. If we were paying Mancini an acceptable amount at the time just from us, then unless we were also paying Al Jaziras wage to him too, I’d argue there’s nothing wrong with it, it’s got sod all to do with the PL.
What rules define 'acceptable' remuneration though?
 
Yes. I meant that more as in the renumeration. If we were paying Mancini an acceptable amount at the time just from us, then unless we were also paying Al Jaziras wage to him too, I’d argue there’s nothing wrong with it, it’s got sod all to do with the PL.
I know posters on here have said that his salary from us seemed to be on the low side but wasn't it heavily loaded with extras in the form of bonuses?

Even if it wasn't and it was being "topped up" with his Al Jazira wage then like I've said before, the arrangement wouldn't have been in place to deceive the Premier League. I mean, why would we need to when there was no FFP in 2009 and back then we were posting eye-watering losses that absolutely dwarf the amounts we're talking about with regards to Mancini? When you look at what the likes of Wayne Bridge and Croque Santa Cruz were being paid through the books, why would we hide part of Mancini's salary which, even when you combine his AJ wage, was probably lower than what those two were being paid? It makes absolutely no sense to do it as a form of deception, so this was almost certainly only ever being done for tax purposes for Mancini's benefit rather than ours, and as such that's none of the Premier League's business. It most definitely is HMRC's business though but it seems they're not in the least bit arsed because they've not exactly been banging our door down about it. I mentioned this to my boss at work. He's a United fan so obviously he wants us found guilty but when I told him about the Mancini stuff he said what I said - that it would've been an arrangement for tax purposes - then shrugged his shoulders as if to say "Where's the scandal in that?"

Also, let's not forget that last year Mancini said the PL hadn't even approached him about it. Now you'd have thought that he'd be the first person they'd want to interview about it.
 
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There are apparently bank transfers. They are not disclosable transactions in the accounting sense or the FFP sense even if it existed at the time, which it didn't.

I think we are getting away from the point. The only important point is that there were two contracts with two different clubs. We can agree on that. Who discussed or negotiated what isn't important. Only who signed what. Who paid for what isn't even that important as long as the right charges ended up in the right clubs.

You seemed to be worried the emails showed the club was involved in negotiating some Mancini arrangements also for AJ. I tried to explain why I don't think that is a problem.

That's all.

I think Mancini is the least of our problems, honestly, so we have probably hogged the thread long enough .....

I dont, I think that and the Fordham one are our two main problems as they’re the only two for which there’s no defence already out there, so we’re hypothesising. I just disagree with who discussed or negotiated what isn’t important, I think that’s the main crux of the whole issue.
 
I know posters on here have said that his salary from us seemed to be on the low side but wasn't it heavily loaded with extras in the form of bonuses?

Even if it wasn't and it was being "topped up" with his Al Jazira wage then like I've said before, the arrangement wouldn't have been in place to deceive the Premier League. I mean, why would we need to when there was no FFP in 2009 and back then we were posting eye-watering losses that absolutely dwarf the amounts we're talking about with regards to Mancini? When you look at what the likes of Wayne Bridge and Croque Santa Cruz were being paid through the books, why would we hide part of Mancini's salary which, even when you combine his AJ wage, was probably lower than what those two were being paid? It makes no sense to do it, so this was almost certainly only ever being done for tax purposes for Mancini's benefit rather than ours, and as such that's none of the Premier League's business. I mentioned this to my boss at work. He's a United fan so obviously he wants us found guilty but when I told him about the Mancini stuff he said what I said - that it would've been a tax thing - then shrugged his shoulders as if to say "Where's the scandal in that?"

I’ve no idea if it was low or not tbh, I don’t know what the wage for managers was like back then. It was definitely loaded with bonuses though.

Ultimately, the motive doesn’t really matter, not to the PL, in terms of it being a valid excuse at least. If we say we did it for Mancinis tax purposes, then they’ll still just say in which case you didn’t provide details of full manager renumeration to us.

I don’t actually think it’s a big deal that we did it and even if they did find us guilty, I don’t see how it can be much more than a slap on the wrists. I’m only focussing on it as it’s one of the only things I’m not feeling hugely positive about.
 
I dont, I think that and the Fordham one are our two main problems as they’re the only two for which there’s no defence already out there, so we’re hypothesising. I just disagree with who discussed or negotiated what isn’t important, I think that’s the main crux of the whole issue.

Any background on Fordham for me?
 
I know posters on here have said that his salary from us seemed to be on the low side but wasn't it heavily loaded with extras in the form of bonuses?

Even if it wasn't and it was being "topped up" with his Al Jazira wage then like I've said before, the arrangement wouldn't have been in place to deceive the Premier League. I mean, why would we need to when there was no FFP in 2009 and back then we were posting eye-watering losses that absolutely dwarf the amounts we're talking about with regards to Mancini? When you look at what the likes of Wayne Bridge and Croque Santa Cruz were being paid through the books, why would we hide part of Mancini's salary which, even when you combine his AJ wage, was probably lower than what those two were being paid? It makes absolutely no sense to do it as a form of deception, so this was almost certainly only ever being done for tax purposes for Mancini's benefit rather than ours, and as such that's none of the Premier League's business. It most definitely is HMRC's business though but it seems they're not in the least bit arsed because they've not exactly been banging our door down about it. I mentioned this to my boss at work. He's a United fan so obviously he wants us found guilty but when I told him about the Mancini stuff he said what I said - that it would've been an arrangement for tax purposes - then shrugged his shoulders as if to say "Where's the scandal in that?"

Also, let's not forget that last year Mancini said the PL hadn't even approached him about it. Now you'd have thought that he'd be the first person they'd want to interview about it.
Mancini's basic was £1.7m, but heavily incentivised, averaging £6m per season. He also said he paid the relevant taxes on all remuneration & that neither UEFA or the PL had ever been in touch with him about it, & if they did, he'd be happy to put them straight.

This smacks of even more poo-slinging adding to the "cheats" narrative, in the hope the shit sticks to us. If the UAE has a lower tax bracket, as long as Mancini can prove he carried out the consultation work as contracted, there's fuck all the UK authorities can do about it, let alone the piddling Premier League.

This shows their utter futile desperation to find us guilty of breaching something, anything. The fact no UK authorities have been knocking at our door to feel our collars should tell anyone with an ounce of commonsense this whole witchhunt is bollox.
 
Only what’s out there in terms of the Der Spiegel leak.

The only question I’ve got on the Fordham one is why wasn’t it part of Uefa’s case against us
UEFA looked into Fordham & said it was OK, but they wanted us & other clubs to wind down these schemes.

This happened in 2015 & by 2018, all our image rights were back within the club, hence it's never been a major issue.
 
I think the two issues get mixed up on this thread, and I admit I am as guilty as anyone for doing this. The first is the matter of the 115 very serious charges brought against us by the PL. Fortunately we have briefed Lord Pannick to argue our case and I think we are very safe in his hands. In addition we trust our owners and opinion on here appears to be overwhelmingly that our evidence is indeed irrefutable. What we find impossibly difficult at times is to keep the PL charges separate from our belief that the PL is little, if anything, more or less than a vehicle for the protection of the "red cartel" as Sir Mark Hendrick describes it. Lord Pannick will not fall into this trap but what our club should be doing, and I'd be surprised if it isn't, and our fan organisations should be doing as well, is making representations to MPs and other representative bodies to ensure the regulations which the IR works with are in the best interests of football and the fans. What our owners have done for our club and our city are models for the English game.

Andy Burnham was on the Sports Agents podcast a week or so ago and made an important point in this respect. He said that there was an obvious conflict of interest between the PL being both the promoter of a product and the regulator of it. I think that is spot on. Plainly there is a potential conflict between the role of developing the PL brand as much as possible and the role of ensuring regulatory compliance amongst its members. One of the reasons a lot of non-blues think we will "get off with it" is precisely because of that conflict. In recent years there have been a fair few instances of, for instance, professional bodies having their trade union and regulatory functions separated, so that for instance doctors' interests are promoted by the BMA but their conduct is regulated by the General Medical Council. Solicitors are protected by the Law Society but regulated by the Solicitors' Regulatory Authority.

In the case of the PL, the reality however seems to be even more nuanced. I would say there is wide recognition, at least on this forum, that the red top clubs, rags and dippers in particular, have a disproportionate amount of influence over the PL. The example everyone knows of is their role in the recruitment of Richard Masters, with the additional interview and the surprising withdrawal of other candidates who would have been offered the job before him. Surprisingly, or not according to perspective, that story (whilst plainly true as I recall it) did not get much traction amongst the mainstream media.

It seems to me the appointment of an independent regulator can only be a good thing. At the very least, we could be satisfied that a regulator with a statutory remit would be much less likely to do the bidding of the red shirts. At the very least, we would know that disciplinary charges were not brought from a desire to nobble a competitor. At best, an independent regulator can bring an end to some of the corruption that has surrounded the game at PL level.
 

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