PL charge City for alleged breaches of financial rules

Saddleworth2 said:
Yes and no.
Whilst we have found Phil, Rico and Oscar, the main and hidden success of the academy is in boosting our transfer sales. Since 2014 sales fro,e the academy top 375m euros

From transfermarket:

If you take Man City’s income from their youth academy and treat it as a separate club, it would rank thirteenth among all clubs in England for transfer income since 2014. A figure which stands just short of what Arsenalhave made from all transfer sales in that period of time and less than €100m short of Brighton's famed ability to sell star players in the window. Which, again, just goes to show how huge and profitable an operation Man City are running in their youth academy.

My take on its is that this is the main reason for the academy and if we can pick up one or two first team players every couple of years then that's a Brucie bonus.
The other real benefit is 100s of kids get prepared for professional football whilst being coached in the right way and receiving a top education. Winner all round.
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It's even better than that, BlueCityBrain worked out it's closer to half a billion since 2016, when Pep arrived. It was £442m last season, so it might have even passed the £500m mark.



You're right that transfermarkt have different profiles for the senior team and academy but they also separate U21 and U18. Plus, if they've been promoted to the first team before the sale, it wont show up as an academy sale but it technically is.

Then there are sell on clauses, which transfermarkt don't include but it's still revenue received from the sale of the player.

So it can be a little tricky to work out.
 
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Metalartin said:
It's even better than that, BlueCityBrain worked out it's closer to half a billion since 2016, when Pep arrived. It was £442m last season, so it might have even passed the £500m mark.



You're right that transfermarkt have different profiles for the senior team and academy but they also separate U21 and U18. Plus, if they've been promoted to the first team before the sale, it wont show up as an academy sale but it technically is.

Then there are sell on clauses, which transfermarkt don't include but it's still revenue received from the sale of the player.

So it can be a little tricky to work out.
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Nice one mate. From this close season sales we must be close to £500m I make it £46m between Harwood Bellis, Tommy Doyle and Liam Delap this close season.
 
Chris in London said:
If the UEFA judge voted irrespective of the evidence that tells you something about them, it tells you nothing whatsoever about the KCs who will make up the panel. They will have track records of 30+years of professionalism and integrity. That’s why they’re on the panel in the first place. If you still think they would compromise their professional integrity for the sake of the redshirt cartel I can’t help you.
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Didn't the Everton panel have an ex-West Ham executive on it?

I thought the panel's weren't made up entirely of KC's?
 
HelloCity said:
Didn't the Everton panel have an ex-West Ham executive on it?

I thought the panel's weren't made up entirely of KC's?
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It may be it may not be. The issues differ from case to case so the constitution of the tribunal will differ also. In a case like this which is likely to involve a heavy legal component I would expect 3 KCs. Everton’s case was not so heavy on the law, so it isn’t surprising that their panel included individuals whose expertise lay in other areas
 
Chris in London said:
It may be it may not be. The issues differ from case to case so the constitution of the tribunal will differ also. In a case like this which is likely to involve a heavy legal component I would expect 3 KCs. Everton’s case was not so heavy on the law, so it isn’t surprising that their panel included individuals whose expertise lay in other areas
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It’s one KC plus a sunshine band.
 
Chris in London said:
It may be it may not be. The issues differ from case to case so the constitution of the tribunal will differ also. In a case like this which is likely to involve a heavy legal component I would expect 3 KCs. Everton’s case was not so heavy on the law, so it isn’t surprising that their panel included individuals whose expertise lay in other areas
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The PL has maintained all along that the City case is highly complex indeed and is therefore going to require careful consideration and deliberation. Stefan has pointed out that they claim that many of the highest profile businessmen and diplomats in the world, as well as some global companies, have indulged in activities, for over a decade which are criminal, which could ruin their careers, destroy their reputations and possibly lead to their imprisonment. As he points out, this would be a big call - one hell of a call - for the members of the IC to make, and I think they need qualifications and experience in the law which are dazzling rather than spotless. They will not get anything like an easy ride from Lord Pannick. Their decisions will be held up to the most forensic scrutiny, and Prestwich Blue may well be right that the PL are looking for a way out while maintaining that they did their best for the cartel.
 
I would have thought that there may be some reliance on accountancy practices within the alleged breaches that KC's might not specifically be au fait with but maybe that would infer that each party would present their own evidence with testimony from "expert witnesses" in accountancy.
 
StillBluessinceHydeRoad said:
The PL has maintained all along that the City case is highly complex indeed and is therefore going to require careful consideration and deliberation. Stefan has pointed out that they claim that many of the highest profile businessmen and diplomats in the world, as well as some global companies, have indulged in activities which are criminal, which could ruin their careers, destroy their reputations and possibly lead to their imprisonment. As he points out, this would be a big call - one hell of a call - for the members of the IC to make, and I think they need qualifications and experience in the law which are dazzling rather than spotless. Their decisions will be held up to the most forensic scrutiny, and Prestwich Blue may well be right that the PL are looking for a way out while maintaining that they did their best for the cartel.
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Highly complex because they have to go through every document and every sponsorship as masters and the red puppets have come to the conclusion that we couldn't possibly run so professionally and not be on the fiddle.

I'm just wondering if the HMRC and The Fraud Squad will be asking our owners and CEO's any questions as we're being accused of Fraud on a humongous scale.

And Omar Berrada will be grilled surely as he was the main man for sponsorship deals and the like.

I'm sure the press will be all over that as the trial continues.
 
Kinkys Left Foot said:
I would have thought that there may be some reliance on accountancy practices within the alleged breaches that KC's might not specifically be au fait with but maybe that would infer that each party would present their own evidence with testimony from "expert witnesses" in accountancy.
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I think they would ideally want 3 KCs with one having a strong accounting skillset (someone like Simon Salzedo KC) but it will depend who is on the long list. I’m sure they will look to appoint the strongest line up possible given the risks
 
Oldham Exile said:
This is precisely the concern that I have expressed on here before

Despite many excellent posters on here giving lots of good reasons for optimism - including them emphasising the professionalism of KCs means that they will not be blindly biased and risk their reputation - I have not seen an explanation of how/why this happened
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I’d guess that UEFA nominee was aware that his two colleagues were voting the other way and therefore could safely show loyalty to UEFA (and get future work from them) and allow them to save a bit of “face”. I recall reading somewhere that majority verdicts are common at CAS.
 
KS55 said:
If they have global ambitions, they are forced to fund them somehow, but in the short term it looks a bit suicidal. If this is Silver Lake, they are obviously confident.
Is Melbourne still loss making, I wonder. What are the prospects for the Indian club? Can we get inside the good Sheik’s mind?
Don’t forget, the ping pong cheat says City hide their losses in CFG which accounts for CFG’s negative results!
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Like that fucker would know anything !
 
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