PL charge City for alleged breaches of financial rules

Clearly, I am not an auditor, but I am intrigued by the level of scrutiny they applied to City's accounts. So for example, on dd/mm/yyyy City's bank account received a payment in for £40M. Presumably the auditors query this either via email or in person, whatever. And the City accounts person replies "Oh that was a sponsorship payment from Ethihad Airways". Is that the end of the conversation ? the BDO person just says "thanks for that, moving on, next item..."
FFS there must be more scrutiny than that ?. We have never seen ANY leaked emails between City and BDO. Why might that be ?.
The auditors usually would cir cularise the third party (Etihad) to confirm the transaction. Thereafter, they would review the signed contract and then confirm whether the agreed services stated in the contract has been fulfilled
Beyond this, there's not much else they can do other than maybe have a chat with City's executives about any questions or concerns,
 
The only thing I think it can be is Toure and Adug paying him directly (well, his agent).
It's an interesting one. I doubt we will ever know until the IP report comes out.

If it is paying the agent off the books, that would be a breach in just one season surely, unless they are saying it should have been amortised over five years and so affected each year, which is a bit of a stretch. Also the breach is not having all player remuneration in the player's contract iirc. This would be agent remuneration not player.

It's possibly paying part of Toure's image rights off the books. He signed in 2010, when the breaches allegedly started, for five years, which is the number of seasons the breaches allegedly took place. But he renewed in 2013 for four years iirc. So the alleged breaches should either have stopped then or in 2017/18, not 2015/6, unless there was some side contract adjusting the situation (following the UEFA settlement, for example) that we don't know about.

It can't just be Fordham, as that didn't start until 2013, so it's all a bit of a conundrum. I guess we have to wait and see.
 
It's an interesting one. I doubt we will ever know until the IP report comes out.

If it is paying the agent off the books, that would be a breach in just one season surely, unless they are saying it should have been amortised over five years and so affected each year, which is a bit of a stretch. Also the breach is not having all player remuneration in the player's contract iirc. This would be agent remuneration not player.

It's possibly paying part of Toure's image rights off the books. He signed in 2010, when the breaches allegedly started, for five years, which is the number of seasons the breaches allegedly took place. But he renewed in 2013 for four years iirc. So the alleged breaches should either have stopped then or in 2017/18, not 2015/6, unless there was some side contract adjusting the situation (following the UEFA settlement, for example) that we don't know about.

It can't just be Fordham, as that didn't start until 2013, so it's all a bit of a conundrum. I guess we have to wait and see.
Was Tour mentioned in the emails ? Or any player other than the Fordham thing? I don’t remember it at CAS etc. don’t understand why we would do this with Toure and not everyone else as well.
 
It's an interesting one. I doubt we will ever know until the IP report comes out.

If it is paying the agent off the books, that would be a breach in just one season surely, unless they are saying it should have been amortised over five years and so affected each year, which is a bit of a stretch. Also the breach is not having all player remuneration in the player's contract iirc. This would be agent remuneration not player.

It's possibly paying part of Toure's image rights off the books. He signed in 2010, when the breaches allegedly started, for five years, which is the number of seasons the breaches allegedly took place. But he renewed in 2013 for four years iirc. So the alleged breaches should either have stopped then or in 2017/18, not 2015/6, unless there was some side contract adjusting the situation (following the UEFA settlement, for example) that we don't know about.

It can't just be Fordham, as that didn't start until 2013, so it's all a bit of a conundrum. I guess we have to wait and see.
There’s this but in German

 
View attachment 120826

It’s okay for Ineos to have multiple sponsors for the same club but it’s corrupt when Etihad sponsor Girona
It is extraordinary isn't it. Ineos is the owner of Nice and three Ineos companies sponser Nice. That is owner equity via sponsership in plain sight. No problem.
 
There’s this but in German


That's just about Toure seeing his arse about not being offered a new contract in 2016. In the end he got a one year extension in 2017 and left at the end of 2017/18 iirc.
 
That's just about Toure seeing his arse about not being offered a new contract in 2016. In the end he got a one year extension in 2017 and left at the end of 2017/18 iirc.
What a player on his day, the rags were fucking terrified of him; shame he had to slightly tarnish his legacy. Still one of our greatest players, though. Without a doubt. I’d say in the top three or four. Although that list is a really tough one to call tbf!
 
Was Tour mentioned in the emails ? Or any player other than the Fordham thing? I don’t remember it at CAS etc. don’t understand why we would do this with Toure and not everyone else as well.

Can only find this.

1000000339.png

None of the supporting information they posted on Brahim referred to Toure at all.

Edit: And it seems to me it would be quite stupid of Soriano, Khaldoon and Pearce to be openly referring to off the books payments in the club's general email correspondence. First rule of doing naughty stuff. Don't document it where people can find it. Trust me.

I don't know about Soriano, but Khaldoon and Pearce aren't stupid.

Edit 2: That presumably clears up the date of the allegations as 2010/11 to 2015/6. Maybe it's nothing to do with Fordham. Who knows? :)
 
Last edited:
Can only find this.

View attachment 121015

None of the supporting information they posted on Brahim referred to Toure at all.

Edit: And it seems to me it would be quite stupid of Soriano, Khaldoon and Pearce to be openly referring to off the books payments in the club's general email correspondence. First rule of doing naughty stuff. Don't document it where people can find it. Trust me.

I don't know about Soriano, but Khaldoon and Pearce aren't stupid.

Edit 2: That presumably clears up the date of the allegations as 2010/11 to 2015/6. Maybe it's nothing to do with Fordham. Who knows? :)
It simply doesn't make sense that anyone at city would purposely conceal and break rules for the sake of £4m.

Also, let's imagine we are cleared of all charges but found guilty of this one. Fans of other clubs will be saying that we should be relegated and have all trophies stripped because of £4m as if that would be the difference between us winning or not winning.
Same with the alleged £1.5m mancini contract.
 
It simply doesn't make sense that anyone at city would purposely conceal and break rules for the sake of £4m.

Also, let's imagine we are cleared of all charges but found guilty of this one. Fans of other clubs will be saying that we should be relegated and have all trophies stripped because of £4m as if that would be the difference between us winning or not winning.
Same with the alleged £1.5m mancini contract.

As context, where the money came from for two payments of £15 million over two seasons via Etisalat will be the major debating point when this goes before the 3 man panel. Liverpool made some imaginary ground up in Stanley park giving them a £35 million short cut on their books which they had their hands slapped for. They want our club destroyed for £5 million pound less when they got a small fine from Uefa.

On punishments I was thinking about this as well, if Uefa deemed similar evidence worthy of a two year ban from European football. Why are they talking about demotion down four leagues and fantasising about stripping trophies in the Premier League’s case?
 
Can only find this.

View attachment 121015

None of the supporting information they posted on Brahim referred to Toure at all.

Edit: And it seems to me it would be quite stupid of Soriano, Khaldoon and Pearce to be openly referring to off the books payments in the club's general email correspondence. First rule of doing naughty stuff. Don't document it where people can find it. Trust me.

I don't know about Soriano, but Khaldoon and Pearce aren't stupid.

Edit 2: That presumably clears up the date of the allegations as 2010/11 to 2015/6. Maybe it's nothing to do with Fordham. Who knows? :)
I doubt those three okayed something they knew was against regs.
 
Aren’t Bayer Leverkusen in exactly the same position?

Yep the scandalous pharmaceutical giant started them hence Bayer in their name, the company famous for knowing many people contracted AIDS via their transfusions or treatments, plus a couple cancer causing scandals too.

Wolfsburg is another big one they were started up by Volkswagen the car company created by the Nazis under Hitler heavily sponsor them at least, obviously Volkswagen have distanced themselves from their origins but Bayer are regularly at the centre of controversies.

There's many German teams that were started by a company RB Leipzig were rebranded of course, I'm sure Hoffenheim were owned by a company too when they quickly rose though the German leagues.

There's the odd team in the lower leagues like Carl Zeiss Jena, plus others that have company names in their team name or were started up by companies but I can't think of other examples.
 
Last edited:

Don't have an account? Register now and see fewer ads!

SIGN UP
Back
Top