cheekybids
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Boksic was earning that in the 90s at Boro.
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PL charge City for alleged breaches of financial rules
- Thread starter ayrshire_blue
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Boksic was earning that in the 90s at Boro.
paska
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It was a valuation of the entire club, and in your prior comment you compared the *entire club* to one branch of Tesco.I’m sure you can do a bit of long division. Then you will find my point holds good. Furthermore, I was answering a response based on market cap, which is not about a branch.
You were already dealing in apples and oranges
halfcenturyup
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Can we choose who the performs the act? If yes, count me in :)
halfcenturyup
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It was a valuation of the entire club, and in your prior comment you compared the *entire club* to one branch of Tesco.
You were already dealing in apples and oranges
And if we are being pedantic, you were talking value, not market capitalisation seeing as City is a private company.
John Wayne
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Not £225k per week. Per year! Essentially restoring wages to what they were in 1992.Boksic was earning that in the 90s at Boro.
Ffp and false accounting (fraud) are separate issues. You can break ffp without committing accounting fraud.Just re-read the CAS award again, and found this interesting bit:
"Leaked e-mail number 1 was also sent 10 years ago and 2 years before the implementation of the CLFFPR. So, even if true, there would have been nothing wrong with channeling equity funding through sponsors."
Forgive me for rattling this cage all the time, but doesn't this support my view that, even if the allegations are found to be true, there is no accounting "fraud" as, if there was "nothing wrong" with the accounting treatment before FFP, then, in accounting terms, there is also nothing wrong with the accounting treatment after FFP? Accounting treatments don't change just because UEFA/ the PL implement some new regulations. So it's just a regulatory issue, not a fraudulent accounts issue?
I am still having trouble getting my head around this fraud/ misleading the auditors thing if I am being honest (as you can probably tell!)
BUT, the current charges against us imply that our accounts are false, as did the UEFA charges.
cheekybids
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Not £225k per week. Per year! Essentially restoring wages to what they were in 1992.
Bokšić was earning closer to that per week in the 90s.
Edit. Just googled £65k per week in 2000.
Well. as City is a private company, the price paid by a buyer is the nearest thing to mkt cap.And if we are being pedantic, you were talking vakue, not market capitalisation seeing as City is a private company.
No, I compared the financial weight of the club with one branch of Tesco which is apples and apples.It was a valuation of the entire club, and in your prior comment you compared the *entire club* to one branch of Tesco.
You were already dealing in apples and oranges
It was a valuation of the entire club, and in your prior comment you compared the *entire club* to one branch of Tesco.
You were already dealing in apples and oranges
The Tesco's super store in Portwood, Stockport, will make a much larger profit that we do.