PL charge City for alleged breaches of financial rules

Eric Hitchmough said:
Firstly, I’m not suggesting anyone gives them the clicks they crave. I’m not gonna watch it. You only have to see the thumbnail to get the drift…

“Are City guilty?” screams the headline.

Carragher and Scholes as judge and jury.

Imagine if they did this for a fucking murder case, they’d be taken off air.

But City is fair game in the court of public opinion.

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Its an overused term but its an unbelievable question for a credible broadcaster. This is the whole point of the hearing which the countries top lawyers have taken years over. considering How can a daft ex footballer comment especially when they don't have the information let alone understand it.
Surely this should go to broadcasting standards if there still is such a thing.Completely ridiculous.
 
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chaddblue said:
Seen some bellend ex Everton CEO or something saying he’s heard whispers from the court that a settlement will be agreed and it will result in 1, possibly 2 relegations

WTF.. what planet is he on? As if city would agree to settle the case with that!!!!
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We can only be relegated once the PL commission don’t have any powers over the football league so it’s BS
 
Reading the last few pages on here and the mood seems abit more pessimistic, but I’ve just read articles where the premier league clubs are starting to worry the legal costs of this battle will cost them all money as it will be taken from prize funds… surely that means they’re all abit worried the PL will lose the case and will be footing the legal costs…
 
nu774ll said:
Reading the last few pages on here and the mood seems abit more pessimistic, but I’ve just read articles where the premier league clubs are starting to worry the legal costs of this battle will cost them all money as it will be taken from prize funds… surely that means they’re all abit worried the PL will lose the case and will be footing the legal costs…
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And/or they are getting pissed off with how the Premier League is being run. Don't forget they were criticised for the legal bill they tried, and failed, to get Everton to pay. They were also criticised for appealing the Leicester judgement which added to the legal costs. All the so called smaller clubs need the PL handout but are seeing it wasted.
 
Blue Mist said:
And/or they are getting pissed off with how the Premier League is being run. Don't forget they were criticised for the legal bill they tried, and failed, to get Everton to pay. They were also criticised for appealing the Leicester judgement which added to the legal costs. All the so called smaller clubs need the PL handout but are seeing it wasted.
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Mansoor should buy out the pl. If we can have the Emirates fa cup then no problem with the Etihad premiership ;-)
 
terraloon said:
Not going to into great depth but the monies RA lent Chelsea wasn’t in one year but it was over multiple years to support losses that again had occurred over those years.A sizeable chunk going back to 2004

Had those losses happened over a 3 year cycle there would be absolutely no doubt that FFP charges would have been laid and almost certainly proven.

RA packaged all monies he had “ invested” in Chelsea into a debt not at Football Club level but into the holding company and that included his initial investment to purchase the shares from Bates and pay of the outstanding Euro Bond.

I am speaking from memory now so apologies if my memory is confused but didn’t Cities owners in effect write of substantial sums by Turing debt into equity ?
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People confuse loans with losses. There is nothing to stop an owner loaning a billion to their club. They just wouldn't be able to spend it if it resulted in losses over the FFP limit. It's one of these red-herrings that City fans cling to when they discuss the allegations against us. Shouldn't, really.

Now I think about it, though, Mansour should put a billion into the club and let it earn interest. FFP problems with the PL solved in perpetuity ....
 
meltonblue said:
He’s spot on there and it works both ways too. Just got to wait til the verdict.
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What he did well there was ask Scholes on record are City guilty & he shit himself. They are brave with innuendo, air quotes, something not right but get them to back it up & they can’t. I haven’t watched, can’t abide listening to know nowt cunts but that clip was a good response.
 
halfcenturyup said:
People confuse loans with losses. There is nothing to stop an owner loaning a billion to their club. They just wouldn't be able to spend it if it resulted in losses over the FFP limit. It's one of these red-herrings that City fans cling to when they discuss the allegations against us. Shouldn't, really.

Now I think about it, though, Mansour should put a billion into the club and let it earn interest. FFP problems with the PL solved in perpetuity ....
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The interest would count as spend on ffp account.
 
Blue Mist said:
Oh dear. The Times are reporting that the Premier League budgeted 8 million for legal bills. They have already spent 45 million on the Everton, Leicester etc cases.
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How thick can they possibly be. They are using emails of Khaldoon saying how much he’d spend on legal & they took no notice when estimating their costs.
 
nu774ll said:
Reading the last few pages on here and the mood seems abit more pessimistic, but I’ve just read articles where the premier league clubs are starting to worry the legal costs of this battle will cost them all money as it will be taken from prize funds… surely that means they’re all abit worried the PL will lose the case and will be footing the legal costs…
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There is absolutely nothing that has happened in the last three months that should affect how people feel about this hearing. If people were confident three months ago, rationally they should still be confident now

If they are making an emotional response to what is written or said in the media, then they should stop reading or listening to anything in the media at all. Or, at the very least, whenever they do read or see some complete drivel in the media take a few moments to consider each time the point in the first paragraph and ask " what did I actually learn from this that should affect my judgment?". I can assure you the answer for the next three months, at least, will be nothing at all.
 
KS55 said:
The only thing I’ve learned since the hearing began is that Stefan is retiring to the Bahamas with a fortune earned on TS.
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He’s a lawyer & financial advisor. If you make more money on talksport than real work it’s a worry.
 
Blue Mist said:
Oh dear. The Times are reporting that the Premier League budgeted 8 million for legal bills. They have already spent 45 million on the Everton, Leicester etc cases.
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I assume that does not include an amount for the current farce.
 
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