City launch legal action against the Premier League | Club & PL reach settlement | Proceedings dropped (p1147)

John Wayne said:
I think you make some good points, but the key difference between 115 and APT is that the former strikes at the heart of our integrity. Any form of settlement carries with it the implication that we had behaved improperly. Unless we have actually behaved improperly (something which feels increasingly remote), then I cannot see the club settling on any points whereby we are alleged to have cheated.
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I think it would be difficult for the PL to swallow, but earlier in the discussion I posed a way that City and the PL could thread that needle.

City pays fine for non-cooperation. PL drops case, saying the additional information obtained through the evidence presented at the hearing exonerates City. Gives PL cover for both bringing and dropping the case. The fine City pays helps defray PLs costs and gives them something to be right about.

There might be other minor charges -- seems like there was some debate on here a while ago about whether or not there as some meat to the allegations about the Mancini deals -- CIty could also agree to a fine for. Again, lets the PL save a little face. City gets innocence on the charges that essentially amount to systematic fraud.

I don't know that the red cartel will ever let the PL make an admission like this though. And I don't know if City paying a fine for non-cooperation, for example, in exchange for the case being dropped without a statement exonerating City would be enough for us.

That said, it seems like there's a needle to thread for both parties in this neighborhood if either wants to compromise.
 
Dodge said:
Today's the day we became official members of the "cartel".

"@mancity are confident they will not be treated differently to any other TOP-4 club going forward" would have been better wording.

In 2023 our immediate rivals benefited from some eye-watering shareholders loans - Arsenal (£259m), Chelsea (£146m) and Liverpool (£137m). We drop the case and presumably any retrospective deep dive into their accounts simply goes away. This leaves Newcastle & Villa on their own to fight a battle for which I doubt they have the stomach, without City leading the way.

I fully expect that the PL is about to exonerate City and the 115 will be "settled" in the same way as APT. Shrouded in secrecy, NDA's and reporting restrictions. Khaldoon's promise to name and shame will be shelved. We will take the "pinch" without explanation. It's worth remembering that Khaldoon is a product of the all-American private school establishment, so don't be fooled that the colour of a man's skin in any way denies access to the financial elite.

Why now? Simply because the potless, debt-ridden, atrociously run rags have now been culled from the cartel and we have replaced them. They're following the money and future-proofing. The demise of Levy at Spuds ends any pretentions they had of sitting at the big boys table. Newcastle & Villa will continue to be on the outside looking in.

The cashcows of North & West London, East Manchester & that shithole at the end of the East Lancs will ride off into the distance, with the new status-quo ring fenced for decades.

Ticket partners, agencies, dynamic pricing, no season tickets, data driven tourist destinations. Hotels. Digital. Virtual. AI. Facial recognition. This is the future of elite football in England.

Clear and obvious.
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There is literally no world where the rags would be culled from the cartel, mate.
 
slbsn said:
For UEFA accounting ALL revenue (and all relevant expenses) have to be fair value (which I have taken as FMV but perhaps that has a distinct measure).

Now checked fair value appears to be the recognised FMV definition https://documents.uefa.com/r/UEFA-C...ions-2023/J.7-Definition-of-fair-value-Online View attachment 168924
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Yes, but that only applies to the FFP calculation, not 'normal accounting'.

I'd take that phrase to mean properly accounting for all income, expenses, assets & liabilities at the value required by accounting standards and other relevant requirements.

We'd still need to show the full amount of any income in our statutory accounts, regardless of whether UEFA thought it was fair value or not.
 
Dodge said:
Today's the day we became official members of the "cartel".

"@mancity are confident they will not be treated differently to any other TOP-4 club going forward" would have been better wording.

In 2023 our immediate rivals benefited from some eye-watering shareholders loans - Arsenal (£259m), Chelsea (£146m) and Liverpool (£137m). We drop the case and presumably any retrospective deep dive into their accounts simply goes away. This leaves Newcastle & Villa on their own to fight a battle for which I doubt they have the stomach, without City leading the way.

I fully expect that the PL is about to exonerate City and the 115 will be "settled" in the same way as APT. Shrouded in secrecy, NDA's and reporting restrictions. Khaldoon's promise to name and shame will be shelved. We will take the "pinch" without explanation. It's worth remembering that Khaldoon is a product of the all-American private school establishment, so don't be fooled that the colour of a man's skin in any way denies access to the financial elite.

Why now? Simply because the potless, debt-ridden, atrociously run rags have now been culled from the cartel and we have replaced them. They're following the money and future-proofing. The demise of Levy at Spuds ends any pretentions they had of sitting at the big boys table. Newcastle & Villa will continue to be on the outside looking in.

The cashcows of North & West London, East Manchester & that shithole at the end of the East Lancs will ride off into the distance, with the new status-quo ring fenced for decades.

Ticket partners, agencies, dynamic pricing, no season tickets, data driven tourist destinations. Hotels. Digital. Virtual. AI. Facial recognition. This is the future of elite football in England.

Clear and obvious.
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Letting us join the cartel on one hand but trying to relegate us to a division unknown on the other
 
Coatigan said:
That's just my honest reading of it mate.

I could be wrong. It is a short statement with no further comment. While the statement makes sense to me, the logic of it being any kind of a win, does not. Not based on the (3rd) challenge itself or the previous confidence behind it.
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I think you can look at it any way you like.

I'm thinking though that City have agreed to now accept the apt rules as valid, because City have been given an incentive to do so. What that is we won't know as there will be no further comments on the statement from either side. The reason I think City have been given an incentive... is because they fought against the rules but now don't.
 
Ric said:
The Times and The Mail are both reporting this as a win for City, for what it's worth.
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Well they couldn't really report it any other way.

Not unless they're willing to relinquish whatever shred of integrity they might have left.

MCFC have taken the Premier League to task over a number of rules pertaining to the league's Associated Party Transactions. An independent body, subsequently found these rules to be unlawful, and unenforceable.

So today, we hear that there's been a "settlement" and the "club" (MCFC) have "accepted" that the current rules are "valid and binding"

There is absolutely no gray area with this whatsoever.

Any media outlet or broadcasting company that attempts to spin this any other way, will be shown up for what they are.
 
Keepingthefaithsince1976 said:
I think you can look at it any way you like.

I'm thinking though that City have agreed to now accept the apt rules as valid, because City have been given an incentive to do so. What that is we won't know as there will be no further comments on the statement from either side. The reason I think City have been given an incentive... is because they fought against the rules but now don't.
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That's exactly it, and the thing about conjecture, isn't it? Which is pretty much my point.
 
Ric said:
G0VerUAX0AAoSJS
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If that has been posted legitimately I hope he gets done for slander.
 
Tracking back said:
Well they couldn't really report it any other way.

Not unless they're willing to relinquish whatever shred of integrity they might have left.

MCFC have taken the Premier League to task over a number of rules pertaining to the league's Associated Party Transactions. An independent body, subsequently found these rules to be unlawful, and unenforceable.

So today, we hear that there's been a "settlement" and the "club" (MCFC) have "accepted" that the current rules are "valid and binding"

There is absolutely no gray area with this whatsoever.

Any media outlet or broadcasting company that attempts to spin this any other way, will be shown up for what they are.
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bet you any money that tragic is tweeting it as a win for the PL
 
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