PL charge City for alleged breaches of financial rules

[dadnlad]

Just watched Stefan on Talkshite on you tube. Is it me or is he becoming more negative with regards to the potential outcome of City's case?

Because there just after headlines

 

[hertsblue]

How much of our hotel needs to be built before we can sell it to the CFG?

I am sure they will amend the rules if it was us doing it especially as Chelsea basically sold the hotels to themselves

 

[Alan Harper's Tash]

I am sure they will amend the rules if it was us doing it especially as Chelsea basically sold the hotels to themselves

I’ll have it if it makes it easier. I might need to borrow £100m though.

 

[TonyM]

I love him. and to be fair only the presenter was being a **** - probably because he is a **** or his producer is a ****.

 

[Paladin]

Are you sure mate?
I understood that in CRIMINAL cases as you state there is a bar.
But In CIVIL cases it's six years?

I think so. This is S.32 of The Limitation Act 1990. I don't have a legal background, but I did get involved in lots of limitation cases when I worked for United Utilities.

 

[citizen_maine]

I’ll have it if it makes it easier. I might need to borrow £100m though.

It'd need a FMV test though, as I'm pretty sure the APT rules would have you down as 'associated'

 

[halfcenturyup]

Are you sure mate?
I understood that in CRIMINAL cases as you state there is a bar.
But In CIVIL cases it's six years?

There is no limitation on criminal cases above magistrates level.

The six years from the event is for civil breach of contract claims which is what we have here. Unless deliberate concealment (or fraud or covering up a mistake) is proven then it's six years from discovery (or when it reasonably could have been discovered).

 

[Coatigan]

Niall Quinn, tarnished my arse.

This is quite old, but sadly, the underlying point is right. A lot of damage has been done, and even with CAS clearing us, and once hopefully the 115 is buried, some of the mud thrown will have stuck.

Not that I give a toss, really.

 

[Alan Harper's Tash]

It'd need a FMV test though, as I'm pretty sure the APT rules would have you down as 'associated'

True. Not sure how much a hotel in Beswick would go for…

 

[Prestwich_Blue]

Imagine mozart banging symphony in A minor in front of an owl in a jar .
Same same situation here

What's Annabel Tiffin got to do with this?

 

[HelloCity]

 

[ManCitizens.]

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Making it up as they go along.

 

[BringBackSwales]

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Premier league, fucking bent

 

[citizen_maine]

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Then BlueCo 22 sell it back to Chelsea Holdings next season...who then sell it back to Blu...

 

[PistonBlue]

Niall Quinn, tarnished my arse.

Did he?

 

[dadnlad]

Then BlueCo 22 sell it back to Chelsea Holdings next season...who then sell it back to Blu...

Theyll knock them down to revamp stadium

 

[KS55]

There is no rule stopping it.

We can't have the co op revenue towards PSR but it will be on our accounts! Now that there is bias agenda rule! Why can't our % asset of the co op be used towards PSR? When an asset of Chelsea the hotels is allowed? Maybe if we had an owner who was American they'd of said yep!

We don’t own any of the coop. CFG do.

 

[WRicko]

Theyll knock them down to revamp stadium

This is the thing. What the hotels worth ? Could argue very high London property market but then again. I bet they don’t make that much money. In fact I am sure I read that somewhere. Who would stay at a Chelsea hotel if not for the football ? And why would rivals put money in them ? Plus there will be a management company taking the profit. And like you say they will either get knocked down if Stamford Bridge is developed or of Chelsea move do they become more appealing to the general public none football fans rivals or less no reason to stay there now ? As Liverpool said what was the loosing bid ? Guessing this is too late for our case ? Wonder if clubs are questioning this ?

 

[remember arthur mann]

Niall Quinn, tarnished my arse.

 

[1961_vintage]

Niall Quinn, tarnished my arse.

Shindlers next book?