PL charge City for alleged breaches of financial rules

[CC1]

Why?

I mistakenly thought Stefan meant the panel were having a second meeting to re-discuss the case as opposed to the outcome action

 

[Norbert D]

The Lawyer magazine - very good on all City cases

Do you think it’s likely that the IC has reached a decision on liability yet or do you think that is still being considered?

 

[tolmie's hairdoo]

Decent interview in Sunday Times Business section today with the Etihad Chief Exec.

Certainly seems very bullish about City and how well we are run, ahead of a partial £5bn IPO of Etihad next month.

 

[Keeper!]

The IC can impose any sanction (inc transfer bans) it sees fit. And the EFL frequently ban teams from transfers so doesn’t need to be FIFA enforced. But I don’t see why City would get a transfer ban for these matters

IF we were to be found guilty of the serious charges a transfer ban would be the least of our worries!

 

[slbsn]

Do you think it’s likely that the IC has reached a decision on liability yet or do you think that is still being considered?

Yes I’m sure they have reached a decision but will still be writing up the reasons. Don’t think club has the reasons if that is the question

 

[Big mals fedora]

IF we were to be found guilty of the serious charges a transfer ban would be the least of our worries!

Which we won’t be

 

[ufo]

It’s like me saying I want to date kate bush but only if I can find out if she is interested or not?
If she is interested , then I need to find some money to buy some moisturizer first and we’ll take it from there.

 

[dubblue]

Yes I’m sure they have reached a decision but will still be writing up the reasons. Don’t think club has the reasons if that is the question

Will they know the decision?

 

[slbsn]

Will they know the decision?

don’t think so

 

[dubblue]

don’t think so

Thanks Stefan.

 

[manclad]

It’s like me saying I want to date kate bush but only if I can find out if she is interested or not?
If she is interested , then I need to find some money to buy some moisturizer first and we’ll take it from there.

Is your name Heathcliff by any chance ??

 

[Maly]

Decent interview in Sunday Times Business section today with the Etihad Chief Exec.

Certainly seems very bullish about City and how well we are run, ahead of a partial £5bn IPO of Etihad next month.

IPO next month?

Doesn’t that mean Etihad have to give access to audited accounts?

If so, pmsl as there’s less than 0% chance they do that if there’s been any fraudulent activity :)

Can’t wait for the piss to start boiling

I can already taste the salty tears & hear the cries of it’s not fair

Wonderful news

 

[hallsteve62]

It’s like me saying I want to date kate bush but only if I can find out if she is interested or not?
If she is interested , then I need to find some money to buy some moisturizer first and we’ll take it from there.

Lube, surely? ; )

 

[halfcenturyup]

Is your name Heathcliff by any chance ??

I don't know about that, but the club has been running up that road, running up that hill for about six years. And you know what? No problem :)

 

[theres only one carlito]

IPO next month?

Doesn’t that mean Etihad have to give access to audited accounts?

If so, pmsl as there’s less than 0% chance they do that if there’s been any fraudulent activity :)

Can’t wait for the piss to start boiling

I can already taste the salty tears & hear the cries of it’s not fair

Wonderful news

What’s an IPO?

 

[blueste41]

Which we won’t be

And if we are it's a stitch up?

 

[waspish]

What’s an IPO?

AI

An **IPO**, or **Initial Public Offering**, is the process by which a private company first sells shares of its stock to the public. This allows the company to raise capital from public investors. Here's a brief breakdown:

- **Private to Public:** Before an IPO, a company is usually privately held, meaning its ownership is limited to private investors, founders, or a small group of shareholders. After an IPO, anyone can buy shares.

- **Capital Raising:** The primary purpose is often to raise funds for expansion, debt repayment, or other corporate purposes.

- **Stock Exchange Listing:** The company's shares start trading on a stock exchange, like NASDAQ or NYSE, providing liquidity to the shares.

- **Valuation:** An IPO sets a market value for the company based on investor demand for its shares.

- **Regulation:** It involves significant regulatory compliance, including detailed financial disclosures and reporting to bodies like the SEC in the U.S.

- **Risks and Benefits:** For the company, it means more scrutiny but also access to capital. For investors, it's a chance to get in on the ground floor, but with potential risks due to less historical data on the company's public performance.

Would you like to do a web search for more detailed or recent information on IPOs?

 

[halfcenturyup]

And if we are it's a stitch up?

But it's overwhelmingly likely that we won''t be, because it's overwhelmingly unlikely that the PL will be able to prove the most serious allegations. So for all intents and purposes, the question is irrelevant.

 

[Micky Blue]

But it's overwhelmingly likely that we won''t be, because it's overwhelmingly unlikely that the PL will be able to prove the most serious allegations. So for all intents and purposes, the question is irrelevant.

To me it’s beginning to look more and more like the PL didn’t care about us being found guilty.
They just wanted to destroy our reputation.

They’ve enabled our rivals fans and the scum in the media to abuse and defame us with impunity due to the agenda against us.

I hope Khaldoon brings down the PL and that fat **** masters for what they’ve done.

 

[KS55]

Brilliant post. Agreed 100%!





This is exactly the journey I took immediately after you simplified our situation during an interview you gave 2 years ago. It was a lightbulb moment which made me step back so I could take a global overview, where previously I couldn’t see the wood for the trees.

Cutting to the chase, an even more simplified explanation is if City had committed fraudulent criminal acts on the level being intimated by the PL's "accusations" NOT "charges", why haven't the police, His Majesty's Revenue & Customs, the Serious Fraud Office or Companies House descended on the Etihad & launched formal investigations?

This alone alludes that these accusations are piles of trumped up bullshit designed for reputational damage. If they were as serious & as damning as the PL & Stefan Borson make out, by law the PL would've been compelled to hand over their evidence to the authorities.

My guess is they've either done this already & the authorities have binned the lot after realising there was nothing to see there & it was just a footballing witch hunt against City, or they've privately reviewed the allegations & come to a long distant conclusion that after forensically inspecting our publicly submitted audited & certified accounts, we've done fuck all wrong in UK Law.

Regardless, I again have to question Stefan's motivation in all this, & the effect his hyperbolic ramblings are having on the mental & emotional state of many City fans.

I think those authorities will just wait till the end and then review the data. Why would they give themselves a harder job?
The data will show that there is no chance of a criminal conviction and the authorities will then drop it.
The only thing to disrail rail us would be a smoking gun. I don’t believe there is one.