PL charge City for alleged breaches of financial rules

[John Wayne]

I know some/most of us are worried about their independence and that this could be a kangaroo court. However, if they were to find us guilty of this, would they then be left with no option but escalate this to the relevant authorities and then potentially a proper court case with potential legal convictions? If this is the case, it does actually make me feel a little more at ease, because I would doubt that the panel would want this going higher up the food chain based on them wanting to "do City".

For the panel to find that the Etisalat payments were disguised owner investment, they'd effectively have to call the chairman of Etisalat a liar. Bearing in mind that this is a publicly listed company on the Abu Dhabi stock exchange, with thousands of ordinary shareholders taking up a 40% stake, the ramifications of any such ruling would be significant. I'd expect the share price to take a hit and calls for a change in leadership at the executive level. Put simply, I don't think Etisalat would take it lying down and would fully expect a counter-action to be brought.

 

[hammocity]

Will he give me 4k if I pull my drawers down?

Depends what’s under there :-)

 

[halfcenturyup]

Depends what’s under there :-)

I'll get 10K easily then.

 

[radcliffe1309]

So I've skipped a lot of pages since I was on around 8 last night, am I right in saying that the "amazing revelations" lasted all of 10 minutes and it was just a rehash of the Etisalat deal that was covered by UEFA & CAS (albeit, it ended up time barred)?

Yep....that's about right

 

[flb]

Where have I indicated that I don't think things will go our way? You can never be 100% confident in any court or tribunal of course (as @projectriver knows only too well after his own recent legal travails) but I've always maintained that these charges are paper-thin at best, and completely specious at worst.

Cheers for the reply Colin, its the independent panel that bothers me the most, there is pressure from all and sundry to slap our wrists like a naughty child.

 

[Coatigan]

Has anyone watched this Moron shite so the rest of us didn’t have to?
What’s the gist of it? (In 10 words or less)
I’m guessing it’s a nothingburger.

Shite attempt at sensationalist outrage porn splash headlines without substance.

(10)

 

[hammocity]

I'll get 10K easily then.

:-) :) :-)

 

[Whether or not]

Martin Samuels is a Chelsea fan

Samuels is 100% a West Ham fan.

 

[tolmie's hairdoo]

It’s out of my tax free 25% and we’ve been friends for 53 years, a small gesture that will be repaid in the form of a beer or two!

Everyone's a winner!

 

[halfcenturyup]

For the panel to find that the Etisalat payments were disguised owner investment, they'd effectively have to call the chairman of Etisalat a liar. Bearing in mind that this is a publicly listed company on the Abu Dhabi stock exchange, with thousands of ordinary shareholders taking up a 40% stake, the ramifications of any such ruling would be significant. I'd expect the share price to take a hit and calls for a change in leadership at the executive level. Put simply, I don't think Etisalat would take it lying down and would fully expect a counter-action to be brought.

The Etisalat thing really isn't going anywhere, imho.

But it's interesting that more than one "client" journalist has raised this in the last few days, almost as if it's coordinated. \0/