PL charge City for alleged breaches of financial rules

Nephin Man said:
Miguel Delaney has abandoned the City Broke the Rules spiel and ploughed the Sportswashing furrow. That tells us where we are. He knows.
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Well someone tell him Liverpool has a sponsor who are experts in sports washing and been done for it twice!

Funny if that sponsor was on a Man City shirt the media would be going on about it continually
 
halfcenturyup said:
Long story with some relevance. When I started as accountant it was with a one man firm in Tibb Street mostly preparing accounts from shoeboxes of cheque stubs and invoices. So not actually relevant at all.

Then the firm was taken over by Tansley Witt, a medium sized firm where I was introduced to risk analysis based audits for the first time which basically determined the extent of transaction testing, amongst other things. Quite a strict process which determined the scope and severity of transaction testing on a combination of the most significant transactions with a sample of smaller transactions. I don't remember any cases where the risk analysis and subsequent testing was found deficient.

Then that firm was taken over by Arthur Andersen's and I was introduced to a much more "scientific" (dare I say American) approach to risk assessment which was pretty much designed to reduce the amount of work in favour of depending more on the risk assessment. They were more interested in those bloody doors (if you know, you know) than robust process. That may be an unfair description, it was a long time ago now, but I couldn't believe how weak the system was compared to that I was used to and it was no surprise to me that Enron happened and completely did for Andersen's.

In the meantime, I was spending my last ten years as an audit manager with Coopers where I oversaw risk assessments, process definitions, audit conclusions and opinion approvals from the partners. I even signed a couple of opinions under proxy.

My point is - you can't really say you can't trust auditors. It depends who the auditors are (which firm and which people). After Enron, risk procedures were tightened up everywhere and procedures increasingly standardised. I am pretty sure that BDO, in the case of a high-profile and high-risk (at the moment) client like City, have received enough satisfaction from the Board to support their audit procedures and their "true and fair" audit opinion. If they hadn't, their opinions would have been qualified or they would have resigned.

Or maybe not :) Who knows?
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Nice career - thanks for sharing. I would also like to believe that BDO have their professional standards and given how long this whole saga (including UEFA) has gone on, you would think they would have had to up their game even if they were less scrutinizing early on. I guess we will see!
 
pepguardiola'smoustache said:
yeah, you might be good at adding up but there's no excuse for forgetting our history :)

it takes its name from the river tib that flows beneath it,
which has been underground for about 250 years.

images


it is said that the romans gave it the name tib because it reminded them of the river tiber.
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I think he knows where the Maynes bus stops on its way up Ashton New Road towards Droylsden better.
 
waspish said:
Well someone tell him Liverpool has a sponsor who are experts in sports washing and been done for it twice!

Funny if that sponsor was on a Man City shirt the media would be going on about it continually
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At least 3 times but have paid over $3billion in fines to avoid criminal prosecution, the american way.
 
Nephin Man said:
Miguel Delaney has abandoned the City Broke the Rules spiel and ploughed the Sportswashing furrow. That tells us where we are. He knows.
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He knows absolutely fuck all. He doesn’t know the basics of the case, as became apparent when I argued with him on his YouTube channel. I’m nowhere near the levels of Stefan or some of our legally minded supporters, but I had him in knots and he just disengaged.
 
bluemanchester said:
A proper book or one with pictures that needed colouring in ;-)
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I haven't read it but know loads of people that have.
It was named Football Book of the Year at the British Sports Book Awards in 2025.
I'm assuming the people who voted for it were of the red variety.
I'd be interested to hear if any of our fans had read it though.
 
Every international break we think it's imminent. Every post season we think it is again imminent. The players winning what they have under this cloud will only add to their greatness should we be cleared. I'm starting to wonder though if the irrefutable evidence was for our part so big that the panel resources would take a few years to work through and read all the documents.
 
Manchester1894 said:
Every international break we think it's imminent. Every post season we think it is again imminent. The players winning what they have under this cloud will only add to their greatness should we be cleared. I'm starting to wonder though if the irrefutable evidence was for our part so big that the panel resources would take a few years to work through and read all the documents.
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That bits done were waiting for decision and write up now which has to be water tight either way
 
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