PL charge City for alleged breaches of financial rules

[LeonardoDaVnci]

One aspect we just don't is will MCFC park the legal bus or go on the attack ? There is plenty of historical evidence how competitors manavoured their employees into positions of influence to target rules at MCFC. Just read the comments from Gill ex MUFC
CEO as he takes up his new exciting role in UEFA. In hindsight its so obvious what his intentions are...

Manchester United's David Gill elected to European Club Association

Manchester United chief executive joins Real Madrid president on the 15-man board

www.theguardian.com

 

[Chris in London]

I thought the six year rule applied from the date of the cause of action, in this case Feb 2023 and not the date the PL had 'knowledge' of it?

Generally it runs from the date the cause of action arises - eg you breach a contract, you have six years from the date of breach - but there is an exception where the wrongful act has been deliberately concealed. In such a case the six year rule applies from the time at which the 'victim' discovers the deception.

I don't get why it would be Feb 23 either way, though.

 

[Chris in London]

But why would we do that? What would the gain be?

Fuck knows. Don't ask me to make sense of why they are bringing charges, its hard enough keeping on top of what it is they are actually alleging.

 

[LeonardoDaVnci]

One aspect we just don't is will MCFC park the legal bus or go on the attack ? There is plenty of historical evidence how competitors manavoured their employees into positions of influence to target rules at MCFC. Just read the comments from Gill ex MUFC
CEO as he takes up his new exciting role in UEFA. In hindsight its so obvious what his intentions are...

Manchester United's David Gill elected to European Club Association

Manchester United chief executive joins Real Madrid president on the 15-man board

www.theguardian.com

In addition I can recall on the day of the announcement of the sponsorship with Ethihad Airways the owners of LFC immediately started to cast aspersions re the integrity of the deal, eg demanding details of the negotiations were published in the public domain and details of 2nd and 3rd biders, an absolutely unprecedented response. This war has been on going for a decade, the PL case will end it one way or another for good.

 

[LeonardoDaVnci]

One aspect we just don't is will MCFC park the legal bus or go on the attack ? There is plenty of historical evidence how competitors manavoured their employees into positions of influence to target rules at MCFC. Just read the comments from Gill ex MUFC
CEO as he takes up his new exciting role in UEFA. In hindsight its so obvious what his intentions are...

Manchester United's David Gill elected to European Club Association

Manchester United chief executive joins Real Madrid president on the 15-man board

www.theguardian.com

There's video footage of Gill making a key note speech whilst in his dual MUFC/UEFA roles where he coined the phrase "state owned clubs'. This slur was picked up by the MSM and has been wheeled out ever since as their goto slur aganst MCFC. if anyone has a link to the speech please could you post in a reply.

 

[diamondmonkey]

It was always a requirement that we have to file accounts showing a true and fair view of the club's finances. The allegation is that we didn't do it even before FFP came in.

True, but the value of the sponsorships being too high wouldn’t be relevant before FFP, as long as we stated the correct amounts in the accounts.

 

[Chris in London]

True, but the value of the sponsorships being too high wouldn’t be relevant before FFP, as long as we stated the correct amounts in the accounts.

Yes, but the allegation is that we didn't.

All I'm trying to make sense of is what they charged us with. I'm not saying the charges themselves make any sense..

 

[Jazzman]

Fuck knows. Don't ask me to make sense of why they are bringing charges, its hard enough keeping on top of what it is they are actually alleging.

Yeah, sorry for asking you mate. I was just thinking that it made no sense to do what they accuse us of. No motive I think. I assume you also do not see any sense in that part of the accusations.

 

[meltonblue]

But why would we do that? What would the gain be?

I’ve always thought a lot of it wasn’t actually for our gain, it was for the sponsors.

 

[Maly]

I don’t have your level of knowledge but I thought we were accused of disguising sponsorships. My interpretation is as long as it’s not money laundering if the revenue came from our legitimate sponsors who have ties to Abu Dhabi it wouldn’t matter to HMRC who stumped the cash up.

Anyway, we all know why this is happening, I wish the Sheik had just propped up the Club with a continuous 1.6b soft loan as the Chavs did, then write the debt off, Leicester did it as well the other week for way more money than we are being challenged on, circa 200m in their case.

Money laundering? You only need to launder ‘dirty’ money mate, as in money obtained illegally by criminal activity

100% certain that SM doesn’t need to launder his money bud