PL charge City for alleged breaches of financial rules

Yup, it’s exhausting.
Since the news broke of the charges I’ve become a father, bought a new car, got 2 new jobs and joined Blue Moon.

I get there needs to be due process and it takes time. But for the love of god the panel must know the verdict, put us out of our misery, then we can move on from this.
I started and actually finished painting the Forth Bridge, since the news broke :-)
 
I don believe you, it’s never finished. Seems a fair reflection of this jumped up farce.
I read somewhere that improved paint technology meant that you could actually finish the bridge and take a few years rest.
 
The same ground covered, no major revelations but interesting nonetheless...



Yep. About as good a summary as you can expect to hear.

Except for one thing. We all know the parties both know the outcome and are holding it back, don't we?

* runs away *

Lawyers always make me laugh, though. They all have a speak button which you can press and they will keep going until you press the button again. Or the money runs out .... Our lawyer in Geneva was amazing, he could do that but switch between English, German, Italian and French without breaking stride. Smart cookies. But mostly annoying :)
 
@slbsn

Kieran Maguire was recently interviewed by the BBC to explain why Man Utd were unexpectedly active in the transfer market https://www.bbc.com/sport/football/articles/cj09pn56361o . He explains there that their PSR calculation was based on a UK subsidiary's pre-tax losses (£36.2m) which massively undercut the parent company's (£130m) pre-tax losses. This is reported as a matter of fact way. I have read elsewhere ( https://onefootball.com/en/news/how-man-utd-remain-within-psr-limits-despite-heavy-spending-41207406) that the difference is due to Red Football's accounts as excluding much of their takeover and finance costs.

In a Group of companies, I can understand why you would have different reporting entities relating to different part of the businesses but in Utd's case there is only 1 football club. If I was the regulator and I knew that a club's accounts excluded some costs attributable to the running of that football club, I'd be asking questions and potentially making an adjustment to their adjusted losses.

Do you think Utd have a case to answer?
The Red Football story is a red herring. We always knew plc accounts get adjusted for the submission to PL. The issue is only around the nature of deductions and the Covid one remains the most questionable. But no case to answer as the PL accepted all of it.
 
The Red Football story is a red herring. We always knew plc accounts get adjusted for the submission to PL. The issue is only around the nature of deductions and the Covid one remains the most questionable. But no case to answer as the PL accepted all of it.

Isn't the fact the PL accepted the COVID allowance without question an issue in itself?

What would it take for something to be looked I to if the PL says it's fine? Is that automatically the end of things or is there a process whereby other members could question it?

Or are the reasons for them accepting that deduction clearly defined somewhere?
 
Yep. About as good a summary as you can expect to hear.

Except for one thing. We all know the parties both know the outcome and are holding it back, don't we?

* runs away *

Lawyers always make me laugh, though. They all have a speak button which you can press and they will keep going until you press the button again. Or the money runs out .... Our lawyer in Geneva was amazing, he could do that but switch between English, German, Italian and French without breaking stride. Smart cookies. But mostly annoying :)
It’s my understanding that the Premier League and City have had the ruling for over a month now… if you choose to believe a certain “respected” poster on here.

Neither party has chosen to leak a single detail in that time.

And the world’s media are sat on the story because it’s embargoed.

The above all sounds very plausible to me.
 
The red mardarses are untouchable.
They will never get a points deduction nor will they ever get relegated.
Even if they didn’t win a single league game they'd still stay up because they get preferential treatment.
They might get a little slap on the wrist or the press will report something as 'minor' but they'll never get a threat of a European ban or a transfer ban.
Now this shite of offshore accounts being slowly released into the mainstream but nothing actually being done fucks me right off.
they need to be in European competition before they get banned
 

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