Why would it be done and dusted tonight? All I'm talking about is pre 2014, for some reason you seem to think the charges are all the same for every season. The main charges are from 2015 to 2017 and these charges are where the fraud element kicks in. The wording of rules the 2014/2015 are below for removal of doubt for you
E.53. Each Club shall by 1 March in each Season submit to the Secretary: E.53.1. copies of its Annual Accounts for T-1 (and T-2 if these have not previously been submitted to the Secretary) together with copies of the directors’ report(s) and auditors’ report(s) on those accounts; E.53.2. its estimated profit and loss account and balance sheet for T which shall: E.53.2.1. be prepared in all material respects in a format similar to the Club’s Annual Accounts; and E.53.2.2. be based on the latest information available to the Club and be, to the best of the Club’s knowledge and belief, an accurate estimate as at the time of preparation of future financial performance; and E.53.3. if Rule E.56 applies to the Club, the calculation of its aggregated Adjusted Earnings Before Tax for T, T-1 and T-2 in a form approved by the Board
E.54. The Board shall determine whether consideration included in the Club’s Earnings Before Tax arising from a Related Party Transaction is recorded in the Club’s Annual Accounts at a Fair Market Value. If it is not, the Board shall restate it to Fair Market Value.
E.55. The Board shall not exercise its power set out in Rule E.54 without first having given the Club reasonable opportunity to make submissions as to: E.55.1. whether the said consideration should be restated; and/or E.55.2. what constitutes its Fair Market Value.
E.56. If the aggregation of a Club’s Earnings Before Tax for T-1 and T-2 results in a loss, any consideration from Related Party Transactions having been adjusted (if appropriate) pursuant to Rule E.54, then the Club must submit to the Secretary the calculation of its Adjusted Earnings Before Tax for each of T, T-1 and T-2.
E.57. If the aggregation of a Club’s Adjusted Earnings Before Tax for T, T-1 and T-2 results in a loss of up to £15m, then the Board shall determine whether the Club will, until the end of T+1, be able to pay its liabilities described in Rule E.14.7.1 and fulfill the obligations set out in Rules E.14.7.2 and E.14.7.3.
E.58. If the aggregation of a Club’s Adjusted Earnings Before Tax for T, T-1 and T-2 results in a loss of in excess of £15m then the following shall apply: E.58.1. the Club shall provide, by 31 March in the relevant Season, Future Financial Information to cover the period commencing from its last accounting reference date (as defined in section 391 of the Act) until the end of T+2 and a calculation of estimated aggregated Adjusted Earnings Before Tax until the end of T+2 based on that Future Financial Information; E.58.2. the Club shall provide such evidence of Secure Funding as the Board considers sufficient; and E.58.3. if the Club is unable to provide evidence of Secure Funding as set out in Rule E.58.2, the Board may exercise its powers set out in Rule E.15.
E.59. If the aggregation of a Club’s Adjusted Earnings Before Tax for T, T-1 and T-2 results in losses of in excess of £105m: E.59.1. the Board may exercise its powers set out in Rule E.15; and E.59.2. the Club shall be treated as being in breach of these Rules and accordingly the Board shall refer the breach to a Commission constituted pursuant to Section W of these Rules.
