PL charge City for alleged breaches of financial rules

JewelZee said:
The whole thing is about FFP...
Click to expand...
IMG_2046.jpegA large number of the charges are prior to FFP being introduced in the PL which forbid club to make more than £105m loss over three seasons and restricted the amount that the wage bill could increase by, this one was dropped when it affected the rags

Beginning with the 2013/14 season, Premier League clubs cannot make a loss in excess of £105 million total across a three season period. Additionally, clubs will be restricted in terms of the amounts of Premier League Central Funds that can be used to increase player wages
 
Iassel said:
With which you conveniently ignore the point once again..

Sheikh Mansour owns ADUG (which of course owns City), he is also the VP of the UAE, deputy to his brother Sheikh Mohamed. He is also deputy PM of the UAE, with the ruler of Dubai as PM. To try and suggest that he has no input in the foreign policy of the UAE is desperate.

The UAE is openly supplying Russia with microchips and chemicals to manufacture munitions, along with buying up Russian oil and precious metals, which is of course their right, it’s their economy to protect at the end of the day, but as said in the original post, it shouldn’t be taboo to acknowledge that for all the amazing things he has done for City and Manchester itself, it is hard to defend the foreign policy he is part of as the #2 of the UAE.
Click to expand...
Come on. Does he even need a sniff, Rags or Dippers?
 
Last edited:
Gordyola said:
View attachment 95648A large number of the charges are prior to FFP being introduced in the PL which forbid club to make more than £105m loss over three seasons and restricted the amount that the wage bill could increase by, this one was dropped when it affected the rags

Beginning with the 2013/14 season, Premier League clubs cannot make a loss in excess of £105 million total across a three season period. Additionally, clubs will be restricted in terms of the amounts of Premier League Central Funds that can be used to increase player wages
Click to expand...
My whole point was aside from the "non-cooperating" BS everything else relates to reducing debt, reducing expenditures, and over stating revenues all in the name of presenting a false accounting of our books so that we could circumvent FFP...
 
StillBluessinceHydeRoad said:
This would be very strange indeed since the PL have granted us a licence to play in the CL every season since 2011-12 .
Click to expand...
And that's the point. As I understand it the PL review our submissions and grant the licence on behalf of UEFA. If we've deceived them, via our financial submissions then, by definition, we've potentially provided false figures for FFP.

There's still the question of whether it would have made any difference to our position with FFP if we'd provided the "correct" figures (according to the PL). As an example, if our FFP-adjusted profit was £30m and we'd been found to have under-reported £20m then we'd still have passed FFP.

But I suspect the PL is less interested in that scenario than one where we under-reported full stop.
 
Iassel said:
Sheikh Mansour is the deputy PM and vice President of the UAE.

To suggest that he has no input on the foreign policy of the UAE is with all due respect laughable.
Click to expand...
Yes, it's almost like a prime minister of UK having a wife who has a company that deals with Russia. It would be a very poor show.
 
You must log in or register to reply here.
Unread Posts

Don't have an account? Register now and see fewer ads!

SIGN UP
Back
Top
✖
  AdBlock Detected
Bluemoon relies on advertising to pay our hosting fees. Please support the site by disabling your ad blocking software to help keep the forum sustainable. Thanks.