PL charge City for alleged breaches of financial rules

[Mancity1980]

It’s gathering signatures.

It might reach 42 signatures by tomorrow?

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Oh my God. This is a clear example of rival fans losing all sense of perspective. What happened to innocent until proved guilty? What happened to the scales of justice? This is about jealous people wanting to take from us what we have.

 

[Blueknows]

This is true. It's not our fault that other clubs keep overspending in the hope of getting C/L or winning the league.
As I said, I am waiting for certain clubs' bubbles to burst (one in particular!) and see how the cards fall.

well the rags have spent over 1.5 billion since last winning the league

 

[Blueknows]

I don't see how we can be charged for not operating in good faith if we have double-checked things and then changed it when the rules became clearer that we couldn't continue this.

uefa only tried to charge us because they waited until we submitted our accounts then changed the goalposts they fucking knew what they were doing

 

[Blue Citizen]

I have made a slight effort to summarise this saga along with some commentary.

I hope it could be useful to some.

 

[paska]

Football is big in profile and reaches many parts of society but it is tiny in financial terms. Financially City is about the same size as a big Tesco branch.

Valued at roughly 3 billion with the Silver Lake sale, wasn’t it? That’s one bougie Tesco’s branch!

 

[gordondaviesmoustache]

I have made a slight effort to summarise this saga along with some commentary.

I hope it could be useful to some.

Was your first post how excited you were about the January transfer window after the takeover?

That’s some post count in 15 years! :-)

 

[Blue Citizen]

Was your first post how excited you were about the January transfer window after the takeover?

That’s some post count in 15 years! :-)

I was shocked when I posted my first post today actually.
By the fact that it was my first post, and by the date of registration ha

 

[gordondaviesmoustache]

I was shocked when I posted my first post today actually.
By the fact that it was my first post, and by the date of registration ha

Some sad fuckers on here with over 60,000 posts.

 

[NPBlue]

My guess is this is just the last set of accounts they had when they opened the investigation.

No, not really. The charges relate to the years between 2009 and 2018 when City passed the administration of players image rights payments to an outside company, and for whatever reason, EUFA and now PL inspectors can't understand how that was being handled.

Those payments were happening internally before 2009, and continued after 2018 when they reverted to being handled internally by City. The supposed grey area of the years in between, which formed the basis of the EUFA charges, and it would now seem by the PL, as the dates and charges are both similar, are nothing more than a failure of the inspectors to understand a function of accounting that was proved in the CAS appeal. Contracts, agreements and proof of payments were provided which showed nothing untoward was happening and everything was as contarctually agreed.

It's probably worth a moments consideration, with all the hysteria surrounding City at the moment, the value of those image rights payments is, or was, around £10m a year, which, to a club earning hundreds of millions pounds every year, is a relatively insignificant amount, and certainly not enough to materially influence the running of the club in a major way when it is outward payments being questioned, and not inwards investment.

The motives behind that simple misunderstanding are open to question, but City are doing nothing wrong.

As one of the chief executives said last week when being questioned about the charges, he replied with a shake of the head ''that a child could work it out'.

 

[SatOnTheWall]

Richard Keys said today in Bein Sport En, that Rui Pinto is a hero because he desclosed all the information about City!!!! This guy is biased، idiot and really hate City.​

Does this mean that they have got no other evidence? Just five emails, two of them doctored?