CAS judgement: UEFA ban overturned, City exonerated (report out p603)

[Prestwich_Blue]

PB. Thanks, as usual a good read. Have you a view on the third party / illegal payments angle which also seemed to be a to be an element of the matters flying around on the internet last year?

The Mancini ones? Nothing to do with us, as petrusha and I explained above.

 

[Manchester_lalala]

What was time barred was anything prior to the CAS-imposed cut-off date, which was 5 years prior to the filing of charges (which effectively was anything up to and including our 2013 year end accounts. Anything in the 2014 accounts and beyond was in scope.

On the basis that the PL haven't (as far as we know) charged us with anything as yet, and the assumption that a 6-year UK Statute of Limitations will apply, then if they charged us tomorrow, they couldn't legally look at anything that happened prior to 9th May 2016 in theory. So that might be the 2015 accounts and prior years (as May 2016 would fall within the 2015/16 financial year).

We also know from the CAS ruling that the CFCB case concerned the Etihad & Etisalat sponsorships, which started prior to the cut-off date but continued beyond it and are still in place today. So if ADUG had been providing the money for these sponsorships during or after the 2013/14 financial year then they would have been able to look at that. However it was quite clear that it was the Abu Dhabi Executive Council, not ADUG, who were supplying the funds to Etihad (not us, which was the point of some of the emails). The sponsorships were never owner funded so the time-barring claim is a complete red herring.

What also just occurred to me is what exactly the PL are looking at? Their financial rules are very different to UEFA's FFP rules and merely concern looking at losses, which are allowed to total £105m over 3 years. I think these rules only came into force in the 2015/16 season. The only thing I can think of that they're looking at is whether we would have broken their rules (not UEFA's) if sponsorship was artificially inflated. We know it wasn't so I struggle to see how they'll come up with any charges unless they have a smoking gun that UEFA/CAS didn't have.

So the time barrings is just something picked out of the verdict by journalists to keep our name in the dirt despite all evidence within the time frame was legal and above aboard?

If the etisalat deal was within the time limit, they could have investigated it and found ADUG was funding that deal, although to me it’s very unlikely that they would be doing that considering we proved the Abu Dhabi Executive Council had been funding our main sponsorship deal. Why would ADUG be funding small deals like the etisalat deal yet not putting any money into the Etihad deal which is a lot more lucrative?

 

[CC1]

I think that's wishful thinking to be honest.

Blast. I was hoping :)

 

[Keeper!]

The Yanks want the Premier league to themselves and our ownership is a thorn in their side , expect the FFP bullshit to be ramped up if the Yanks takeover Chelsea , the Yanks see the Premier league as a cash cow , Sheik Mansour sees the it as an investment opportunity. But the media is also Yank driven in this country so our owners will never get the plaudits , quite the opposite they are being vilified for good business practice

100% true, I can see this getting very nasty in the next few years, but at least we have some support from the Barcodes, and their owner is not a man to be pissed about.

 

[cheekybids]

I think that's wishful thinking to be honest.

I’ve got my fingers crossed & eyes closed, that would actually be piss funny if the “shitty 9” got done.

 

[BeerIsTheBest]

The Mancini ones? Nothing to do with us, as petrusha and I explained above.

Ta PB. I should have been clearer. Last year one of the ‘three strands‘ reported in some media said enticement payments to under 16s and payments to pressure young players to sign contracts was mentioned.

A real can of worms for every club I would imagine!

 

[Stuuuuuu]

The Yanks want the Premier league to themselves and our ownership is a thorn in their side , expect the FFP bullshit to be ramped up if the Yanks takeover Chelsea , the Yanks see the Premier league as a cash cow , Sheik Mansour sees the it as an investment opportunity. But the media is also Yank driven in this country so our owners will never get the plaudits , quite the opposite they are being vilified for good business practice

What's the difference between a cash cow and an investment opportunity, ultimately?

 

[Saddleworth2]

What's the difference between a cash cow and an investment opportunity, ultimately?

dividend vs capital growth?

 

[SiMCFC]

What really makes me laugh about this is the books are what they are, it's why when supposed journalists were saying City had cooked the books and hidden where money had come from, our accountants will have basically told Uefa that they checked them and all was correct and as far as accountancy goes that is that, Unless I'm hugely mistaken Uefa/PL etc don't actually have the jurisdiction to say an accountancy firm haven't done due diligence etc correctly and recheck them, it has to be taken as gospel, the accountancy firms would never take the risk of hiding anything for any amount of 'backhanders' as they would end up not trading and potentially in prison for fraud which they just aren't going to do, no matter how much these idiots in the press want to believe.

 

[Prophet of Doom]

What everybody needs to realise is that MOS have these articles on tap ready to go whenever the opportunity arises.

We had the ridiculous Nick Harris ‘survey’ during international break, now this nonsense in response to Peps presser on Friday.

No new evidence. Just regurgitated nonsense based on emails from over a decade ago. The idea that they engage with SME’s 3 1/2 years into an investigation is lunacy.

Like all the other articles, it won’t get another mention until the MOS think the timing is right to run again and again.