There was a contract in place between Mancini (or a company he was presumably associated with, either as shareholder/director) and the Al Jazira football club.Did we pay Mancini off the books from another account - probably yes.
Well they are the Sulphurites after all. (sulphur also known as brimstone, 'burning stone'!!)The hearing isn't in Harrogate. There is a PL meeting in Harrogate.
Who in the PL decides what is an associated party? Do you know if it is a panel and who makes up that panel?It's fair until it's not. Suppose for example there is a system in place that goes something like this
1) Clubs can raise money through sponsorship of their stadiums, shirts, noodles etc
2) Where a club owner has a related interest in the organisation sponsoring the club this must be noted in the accounts
3) when a sponsorship is from a related party a FMV test is applied and the value maybe amended in a subset of the accounts
Then we get into murky water
4) if the sponsoring organisation is not a related party it may be an associated party. An association can be very broad but let's limit it to one based on geography. If the club owner and the sponsoring organisation all originate from the same country they are associated.
5) in the case of an associated party transaction the deals are subject to further scrutiny and may be prohibited or capped (I think)
6) oh by the way just because you're American and the sponsoring organisation is American it doesn't necessarily mean it's an associated transaction
7) oh you're from a gulf state? Oh definitely associated then
8) therefore out of the 20 teams in the league 2 teams are subject to greater sponsorship scrutiny and caps than the other 18.
9) Etihad could sponsor United for £5billion a year but only be allowed to sponsor City for £50million based on country of origin
10) also we have to send details of our sponsors and 2 failed sponsors to the premier league who are also sponsored by potentially competing organisations in the same industry. The premier league also seems to have difficulty keeping things confidential.
It's fair until the majority uses their power against the minority
But this was before FFP right? So like Costigan says what would be the point ?There was a contract in place between Mancini (or a company he was presumably associated with, either as shareholder/director) and the Al Jazira football club.
But UEFA knew this because of the Der Spiegel stories yet chose not to do anything. They didn't know at the time what was or wasn't time-barred so you'd imagine that if they felt there was any impropriety they would have brought charges relating to this.
Sorry, probably a silly question, but what is the difference in the two terms?
It wasn't. FFP came in in June 2011, and the payments to Mancini were made at least in the year to 2012 and possibly in the following season as well.But this was before FFP right? So like Costigan says what would be the point ?
I think its speculative but ask yourself this was there any outcry about associated parties when the rags signed a deal with chevrolet which was so ridiculous that it got the person that signed it off sacked, american company , american owners.Who in the PL decides what is an associated party? Do you know if it is a panel and who makes up that panel?
With regards to you points 6 and 7, is there any evidence that they have or can discriminate against Gulf sates compared to the US ? Or is that just your speculation? Thanks
I was hoping it would be.And here I was thinking the off season would be totally boring and these pages filled with irrelevant silliness. Tee hee.
Who in the PL decides what is an associated party? Do you know if it is a panel and who makes up that panel?
With regards to you points 6 and 7, is there any evidence that they have or can discriminate against Gulf sates compared to the US ? Or is that just your speculation? Thanks
Ahhh sorry ric I must of read it wrong, also media leaks like in the times must be influencing this panel who have to decide are case, I just feel the whole thing is an absolute mess, but one thing is for sure and that is there is gonna be a big loser and I fear it could be us on the end of it,The hearing isn't in Harrogate. There is a PL meeting in Harrogate.