PL charge City for alleged breaches of financial rules

Damocles said:
I think the biggest thing that nobody seems to mention is that his Al Jazira work predates his time at City. He was working as a consultant for them even when he was Inter manager.
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I know he knew Khaldoon prior to joining City so it's quite possible, although I've never seen evidence of one. .

The contract documents published by Der Spiegel date from him joining us, but a pre-existing contract with AJ would presumably be a significant mitigating factor.
 
Damocles said:
I think the biggest thing that nobody seems to mention is that his Al Jazira work predates his time at City. He was working as a consultant for them even when he was Inter manager.
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I’ve seen this said a few times but never seen proof of it. The contracts Der Spiegel released were signed on the same day.
 
meltonblue said:
I’ve seen this said a few times but never seen proof of it. The contracts Der Spiegel released were signed on the same day.
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My own personal view on this is that it matters not a jot that the contracts were signed on the same day because it looks for all the world to be an arrangement for Mancini's benefit in order to pay less tax than an attempt to deceive the Premier League as it's been stated numerous times on here that there was no FFP back in 2009 and we were posting £100m+ losses back then so why would we hide a couple of million quid a year? Fuck me, a few months before Mancini joined we paid £17m for Crocky Santa Cruz and the whole of that transfer fee went through our books. The only people that should be asking questions are HMRC and they don't seem to be in the least bit interested so that's good enough for me. In short, out of all the charges this one seems to be the biggest crock of straw-clutching shit of the lot!
 
Colin Bells Boots said:
Point understood @cheekybids but I think the PL clearly understood the results of the APT case but in their usual attempt to confuse the narrative, preferred to put out their version of " having won the case " for the benefit of the hard of understanding who want to promote and believe their claims.
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That’s what I think but then I think back to the emergency meetings & cancelled golf trips.
 
halfcenturyup said:
I'm afraid this is true. I don't blame anyone on Talksport for saying what they say, I rather blame the people who listen to/watch it and then bring the bullshit on here as if it has any weight.
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Troy Deeney actually told everybody that he left the station because he didn’t want to be a stooge reading scripted nonsense purely to get the public angry. O’Hara took the role and he is happy to do it.

It’s not personal opinion - it’s scripted !!
 
M18CTID said:
My own personal view on this is that it matters not a jot that the contracts were signed on the same day because it looks for all the world to be an arrangement for Mancini's benefit in order to pay less tax than an attempt to deceive the Premier League as it's been stated numerous times on here that there was no FFP back in 2009 and we were posting £100m+ losses back then so why would we hide a couple of million quid a year? Fuck me, a few months before Mancini joined we paid £17m for Crocky Santa Cruz and the whole of that transfer fee went through our books. The only people that should be asking questions are HMRC and they don't seem to be in the least bit interested so that's good enough for me. In short, out of all the charges this one seems to be the biggest crock of straw-clutching shit of the lot!
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Mancini wouldn’t save a penny on foreign income whilst a UK tax resident so there’s no benefit for him on that.

He will have had to declare the AJ income and pay tax on it within the UK anyway whilst living there.
 
Metalartin said:
I don't see the problem with a business owner using the expertise of one business he owns to facilitate a deal with a another project he's the chairman of. It sounds like an administrative task that was passed on('can you write me up a contract for this when you get time'). If they are suggesting this 'proves' the deal was a sham or that this somehow proves City are state owned(since the state do own Al Jazira Club), then that is another logical fallacy('anecdotal fallacy'?).

Unless of course, there are some regulations(UEFA, PL) we are not aware of, which would prevent this(which I doubt).
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There are some PL regulations to prevent this but they were written years afterwards. That was one the PL's biggest fuckups that they want to test historic accounts and documentations against newer versions of the rules and guidance. It's also the dead giveaway that their legal team hadn't reviewed the press release prior to masters ok'ing it.
 
M18CTID said:
My own personal view on this is that it matters not a jot that the contracts were signed on the same day because it looks for all the world to be an arrangement for Mancini's benefit in order to pay less tax than an attempt to deceive the Premier League as it's been stated numerous times on here that there was no FFP back in 2009 and we were posting £100m+ losses back then so why would we hide a couple of million quid a year? Fuck me, a few months before Mancini joined we paid £17m for Crocky Santa Cruz and the whole of that transfer fee went through our books. The only people that should be asking questions are HMRC and they don't seem to be in the least bit interested so that's good enough for me. In short, out of all the charges this one seems to be the biggest crock of straw-clutching shit of the lot!
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Yeah I don’t think when they were signed is particularly important. The potential issue to me with the Mancini one was city execs negotiating the AJ contract with him.

I do think it’s scraping the barrel still though.
 
Family Man Ashton said:
100% an arrangement to avoid paying taxes in Italy, but I guess neither Mancini nor City will admit it.
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I don't think so. It was amended after a year or two to include any taxes due by him, so we paid it him grossed up (i.e. including the applicable tax). Might have saved him some tax but it wasn't a tax evasion arrangement.
 
Family Man Ashton said:
Not to defend the fool on talkshit, but does anyone here really think that our owner would put his 16 years of investment in City and East Manchester on hold just because we might get punished by the PL? It was business as usual when we were punished by UEFA in 2020.
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No I don't. But he isn't putting it on hold. Not sure what that means?

it was business as usual in 2020, and we were innocent.
 
Gorton_Tubster said:
No I don't. But he isn't putting it on hold. Not sure what that means?

it was business as usual in 2020, and we were innocent.
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He's suggesting that the fact that we're investing in the ground/hotel is not an indicator either way and I'm inclined to agree.
 
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