PL charge City for alleged breaches of financial rules

[ayrshire_blue]

I thought supposedly ITK posters were saying City & the PL had received the verdict a couple of weeks ago.

It seems improbable to me that it’s not leaked if that’s the case. Or was it just more made up bull shit?

A mixture of this, and others perhaps posting in good faith that they had heard such a thing from someone whom they'd trust as credible. Either way, it was incorrect.

 

[South Stand Balti]

I doubt we will find out until after we finish in the CWC. The UEFA scenario was guilty first and then innocent on appeal to CAS. If we are found guilty of any charges at all there will be a clamour for us to be removed from the CWC (a team has already been barred from taking part for financial irregularities). If this happened we potentially miss out on £alot of millions. If we are then found to be innocent on appeal (again) later this year then we will be suing for the money lost at CWC. I doubt the Prem or the panel would want to publish in the lead up to, or during, the CWC and open up this can of worms. I know they aren't supposed to consider this scenario but it's too big to ignore.

 

[Impeccable One]

I doubt we will find out until after we finish in the CWC. The UEFA scenario was guilty first and then innocent on appeal to CAS. If we are found guilty of any charges at all there will be a clamour for us to be removed from the CWC (a team has already been barred from taking part for financial irregularities). If this happened we potentially miss out on £alot of millions. If we are then found to be innocent on appeal (again) later this year then we will be suing for the money lost at CWC. I doubt the Prem or the panel would want to publish in the lead up to, or during, the CWC and open up this can of worms. I know they aren't supposed to consider this scenario but it's too big to ignore.

The team was not banned due to financial irregularities. It was a co ownership issue which was not resolved to the satisfaction of FIFA.

 

[Citizen of Legoland]

I doubt we will find out until after we finish in the CWC. The UEFA scenario was guilty first and then innocent on appeal to CAS. If we are found guilty of any charges at all there will be a clamour for us to be removed from the CWC (a team has already been barred from taking part for financial irregularities). If this happened we potentially miss out on £alot of millions. If we are then found to be innocent on appeal (again) later this year then we will be suing for the money lost at CWC. I doubt the Prem or the panel would want to publish in the lead up to, or during, the CWC and open up this can of worms. I know they aren't supposed to consider this scenario but it's too big to ignore.

That’s a pretty good point but I assume the panel won’t bother about that so will just release it when they’re finished. They will say it’s down to the two parties to keep the result quiet unless they’ve instructed them of certain date periods to avoid releasing the news?

 

[South Stand Balti]

The team was not banned due to financial irregularities. It was a co ownership issue which was not resolved to the satisfaction of FIFA.

Ah, OK. I didn't realise that but the main point still stands as a potential reason for delaying the publication of findings.

 

[Mazzarelli's Swiss Cheese]

I thought supposedly ITK posters were saying City & the PL had received the verdict a couple of weeks ago.

It seems improbable to me that it’s not leaked if that’s the case. Or was it just more made up bull shit?

Made up bullshit I'd have thought.

 

[richards30]

I thought supposedly ITK posters were saying City & the PL had received the verdict a couple of weeks ago.

It seems improbable to me that it’s not leaked if that’s the case. Or was it just more made up bull shit?

Depends on what the verdict was, who won and what was also found in the findings or evidence? There will be lots of negotiating from the loser on punishments, media statements, possible sackings etc and just generally how to manage the verdict announcement.

 

[Big mals fedora]

Fair enough. Like I say, I’m far from an expert, just my gut feeling. And experts are sometimes wrong. We’ll find out soon enough, hopefully!!

The experts on here disagree and clearly false accounting / fraud is different to creative accounting

 

[surrounded by idiots]

Now that you have stopped winning everything, I genuinely think that people don't really care any more. I know I don't and I used to be obsessed with the case. Surely you must have noticed this? Apart from a few die-hards on Twitter, it barely gets a mention.

Is Gooch a self-descriptive term for you - and I quote "the area of skin between the genitals and anus"

 

[StillBluessinceHydeRoad]

All possible and I know nothing about any of this. I'm hoping though that the 'civil war' part may be more to do with fallout relating to email correspondence between other clubs and the PL that shows them in a bad light.

Yes, as you say. all is possible and the emails the PL were forced to hand over could be dynamite if they even hint at some conspiracy against City, but at the moment we just don't know. What we do know is that the cost of all the cases involving action against City could cost the PL, and therefore the clubs, substantial sums - enough to have an impact on club budgets which is not negligeable. If it is felt that all this action was at the whim of, and for the benefit solely of, a cartel (!) of already very rich clubs there really could be real trouble. Then for the manipulated clubs to have to pay interest on loans from their owners, after having been assured the would be interest free .... And the size of some of these loans means the interest nay be considerably larger than the legal fees they are hit with. To console the red cartel, I admit the super league is pure speculation because it was actually fan pressure which scuppered English participation last time so they might not find the idea too attractive this time!

 

[StillBluessinceHydeRoad]

They can still have interest free loans from their owners, it's just that interest is added to their PSR calculations. They don't physically have to pay the interest

The point I'm making is that the interest calculations will have a sizeable impact on the planning of many clubs and may cause real problems for at least some. The easy assumption that action against City's Arab owners in particular was without jeopardy could be blown to smithereens.

 

[Marvin.]

Now that you have stopped winning everything, I genuinely think that people don't really care any more. I know I don't and I used to be obsessed with the case. Surely you must have noticed this? Apart from a few die-hards on Twitter, it barely gets a mention.

If City were behaving still as we did in 2009 with huge signings and wages, I think City would be very unpopular. Compare City to Chelsea. City sell academy players and buy smartly. Chelsea sell hotels and their women's team and just threw money at everything and apparently they've broken no rules. If that's so, then there's something rotten in the way that the game is being run.

 

[bluemc]

If City were behaving still as we did in 2009 with huge signings and wages, I think City would be very unpopular. Compare City to Chelsea. City sell academy players and buy smartly. Chelsea sell hotels and their women's team and just threw money at everything and apparently they've broken no rules. If that's so, then there's something rotten in the way that the game is being run.

Luckily we don't behave like that now and everybody loves us as a result.

 

[oldius]

If City were behaving still as we did in 2009 with huge signings and wages, I think City would be very unpopular. Compare City to Chelsea. City sell academy players and buy smartly. Chelsea sell hotels and their women's team and just threw money at everything and apparently they've broken no rules. If that's so, then there's something rotten in the way that the game is being run.

That's when winning is the true reason for the anger.

 

[CC1]

Now that you have stopped winning everything, I genuinely think that people don't really care any more. I know I don't and I used to be obsessed with the case. Surely you must have noticed this? Apart from a few die-hards on Twitter, it barely gets a mention.

Let us know when you wake up -

 

[GaudinoMotors]

Is Gooch a self-descriptive term for you - and I quote "the area of skin between the genitals and anus"

Always called that Biffin Bridge. Learn something new on here everyday. Much obliged.

 

[SilverFox2]

If City were behaving still as we did in 2009 with huge signings and wages, I think City would be very unpopular. Compare City to Chelsea. City sell academy players and buy smartly. Chelsea sell hotels and their women's team and just threw money at everything and apparently they've broken no rules. If that's so, then there's something rotten in the way that the game is being run.

Perhaps our owners expect City to survive by trading assets within their own sector of business.?
We were most vulnerable in our early years when cash was needed.
We are now supposed to be self sufficient so in a way it's Sheikh Ms rule that we should stand alone.

Chelsea are adding cash by depleting the value of their property ie asset stripping another sector for hotel anyway so perhaps just another part of a different business plan.

 

[surrounded by idiots]

Always called that Biffin Bridge. Learn something new on here everyday. Much obliged.

I've used Biffin Bridge too, it's good to be educated and have a decent and varied vocabulary

 

[Don Karleone]

Pop in to see if there's any update, and learn a new term for the gooch.

Lovely.

 

[bluemonkey71]

Goochy gang