As I've said before, the legal fraternity on here have become seemingly fixated on the idea that the PL allegations imply there's been significant financial fraud. I can understand why you take that view but I don't agree with it.
My view is that the theme running from the 2014 settlement, where there was a dispute about related parties, through to the CAS hearing, where the panel didn't test that question but did put in their report that we may be guilty of misreporting if the Abu Dhabi-based sponsorships were related parties.
This carried on, with the issue of supposed misreporting of alleged related parties being behind the introduction of the APT, so contracts like Etihad and FAB could be examined.
So I'm convinced that the first group of the PL charges which total over 50 of the 130, is less about financial misfeasance but much more about the related party issue. If that succeeds then I doubt it would have no real impact on our finances and is unlikely to subject us to sporting penalties such as points deductions but:
- The "cheats" label will stick.
- We'll be forced to publish the value of the contracts.
I think our adversaries will be pleased enough with that outcome.