PL charge City for alleged breaches of financial rules

[Indaparkside]

You’ve only got to look at the ticket office to see how badly were run

 

[Maly]

It's a 4 year long investigation, so they might have former players, managers and agents who have given statements to explain how they ended up with more money in their accounts, than what the club officially offered up to the investigation. A third party company that pays players and managers under the table for image rights, commercial bonuses etc etc...

They seem very confident of the facts around the Mancini payments. So if the club are saying that he was paid 4 million, but the bank of Zurich are saying 8 million, then there is clear proof that stuff has been going on off the books. And that is just one manager. When you consider all of the players who have come and gone in the last 14 seasons, then the scale of it starts to make your knees knock.

Why would a bank break GDPR by giving the PL ANY information about Mancini or his accounts?

 

[Gordyola]

tbh mate I've been hearing the same for a decade, and nothing has changed. It's time we changed our approach, because all we have achieved with the passive approach is to allow the bullies to continue bullying

There was no "passive approach" with the last UEFA charges that we took to CAS

The club have said it with the final line of their statement
"As such we look forward to this matter being put to rest once and for all"

 

[blueste41]

No idea how this will end but one thing I do know is that this will be a really long thread and drag on for years.......

 

[Gray]

This is all for just Section 1 of the PL Statement

(a) for Season 2009/10, Premier League Rules B.13, C.71, C.72, C.75 (amended to C.79 from 10 September 2009 for the remainder of Season 2009/10) and C.80;
Rule B.13 relates to City having acted towards the league and other clubs “in the utmost good faith”. It will be referenced again in the statement’s later sections.

Rules C.71 and C.72 relate to the submission of City’s accounts (to the registrar of companies), while C.75 is regarding their projected profit and loss accounts in their application for a UEFA club licence to play European football. Premier League clubs are obligated to submit their accounts for auditing every year.

Rule C.80, meanwhile, refers to City’s provision of tickets to visiting clubs to their stadium (then-named City of Manchester Stadium, now called the Etihad Stadium).

(b) for Season 2010/11, Premier League Rules B.13, C.78, C.79, C.86 and C.87;
Rules C.78 and C.79 again refer to the club’s accounts from the previous financial year, specifically to their profit and loss report and revenue streams.

Rules C.86 and C.87 relate to their “future financial information”, also including profit and loss accounts, as well as cash flows and balance sheets.

(c) for Season 2011/12, Premier League Rules B.13, E.3, 4, E.11 and E.12;
Section E of the Premier League rulebook for the 2011-12 season refers to the rules regarding fixtures — from 2012-13 onwards, they instead refer to club accounts and finances, as detailed below.

(d) for Season 2012/13, Premier League Rules 16, E.3, E.4, E.11 and E.12;
Rules E.3 and E.4 relate to the submission of the club’s most recent annual accounts, including a balance sheet, a breakdown of profit and loss and revenue streams.

Rules E.11 and E.12, meanwhile, refer to the club’s financial projections, again including profit and loss, cash flow and balance sheets.

(e) for Season 2013/14, Premier League Rules 15, E.3, E.4, E.11, E.12 and E.49;
Rule E.49 states that a club must inform the Premier League if any of their accounts or financial projections are likely to change, adversely or otherwise, from their previous statements.
(f) for Season 2014/15, Premier League Rules 16, E.3, E.4, E.11, E.12 and E.50;
Rule E.50 is the same as Rule E.49 above.
(g) for Season 2015/16, Premier League Rules 16, E.3, E.4, E.11, E.12 and E.50;
Same as above
(h) for Season 2016/17, Premier League Rules16, E.3, E.4, E.11, E.12 and E.51; and
Rule E.51 is the same as Rules E.50 and E.49 above.
(i) for Season 2017/18, Premier League Rules B.16, 3, E.4, E.11, E.12 and E.51.
Rule B.16 again refers to acting in “the utmost good faith” in matters between City, the Premier League and other clubs.

Christ with all these bloody rules I suspect every Club must have failed to comply with loads of them.

 

[halfcenturyup]

You forget the rags and scousers interviewing the chief exec candidates mate!

Why were they interviewing the CEO candidate's mate?

:)

 

[argyle]

It's a 4 year long investigation, so they might have former players, managers and agents who have given statements to explain how they ended up with more money in their accounts, than what the club officially offered up to the investigation. A third party company that pays players and managers under the table for image rights, commercial bonuses etc etc...

They seem very confident of the facts around the Mancini payments. So if the club are saying that he was paid 4 million, but the bank of Zurich are saying 8 million, then there is clear proof that stuff has been going on off the books. And that is just one manager. When you consider all of the players who have come and gone in the last 14 seasons, then the scale of it starts to make your knees knock.

The could, possibly, have information like that however I find it very unlikely.

I don't think foreign banks would comply with the PL because they think a client was overpaid.

The club/the UAE would know if former employees were under investigation and I'm just saying if they did such practices they wouldn't leave a paper trail.

More than likely is they have the hacked emails from Rui Pinto where such things may be discussed however this isn't proof.

 

[Resurrection Joe...]

No but you’ll get a black eye if I see you it was my bus fare home I lost

you shoulda used some of that first communion money you're still hanging on to.....

 

[Indaparkside]

Ever.

If we get off this lot there will be something about the colour of the grass or the floodlights being too high.

I'm beginning to wish the fucking ESL had come off!

It may we’ll still happen juventus have already been on the phone

 

[Rory Bluelow]

This is all for just Section 1 of the PL Statement

(a) for Season 2009/10, Premier League Rules B.13, C.71, C.72, C.75 (amended to C.79 from 10 September 2009 for the remainder of Season 2009/10) and C.80;
Rule B.13 relates to City having acted towards the league and other clubs “in the utmost good faith”. It will be referenced again in the statement’s later sections.

Rules C.71 and C.72 relate to the submission of City’s accounts (to the registrar of companies), while C.75 is regarding their projected profit and loss accounts in their application for a UEFA club licence to play European football. Premier League clubs are obligated to submit their accounts for auditing every year.

Rule C.80, meanwhile, refers to City’s provision of tickets to visiting clubs to their stadium (then-named City of Manchester Stadium, now called the Etihad Stadium).

(b) for Season 2010/11, Premier League Rules B.13, C.78, C.79, C.86 and C.87;
Rules C.78 and C.79 again refer to the club’s accounts from the previous financial year, specifically to their profit and loss report and revenue streams.

Rules C.86 and C.87 relate to their “future financial information”, also including profit and loss accounts, as well as cash flows and balance sheets.

(c) for Season 2011/12, Premier League Rules B.13, E.3, 4, E.11 and E.12;
Section E of the Premier League rulebook for the 2011-12 season refers to the rules regarding fixtures — from 2012-13 onwards, they instead refer to club accounts and finances, as detailed below.

(d) for Season 2012/13, Premier League Rules 16, E.3, E.4, E.11 and E.12;
Rules E.3 and E.4 relate to the submission of the club’s most recent annual accounts, including a balance sheet, a breakdown of profit and loss and revenue streams.

Rules E.11 and E.12, meanwhile, refer to the club’s financial projections, again including profit and loss, cash flow and balance sheets.

(e) for Season 2013/14, Premier League Rules 15, E.3, E.4, E.11, E.12 and E.49;
Rule E.49 states that a club must inform the Premier League if any of their accounts or financial projections are likely to change, adversely or otherwise, from their previous statements.
(f) for Season 2014/15, Premier League Rules 16, E.3, E.4, E.11, E.12 and E.50;
Rule E.50 is the same as Rule E.49 above.
(g) for Season 2015/16, Premier League Rules 16, E.3, E.4, E.11, E.12 and E.50;
Same as above
(h) for Season 2016/17, Premier League Rules16, E.3, E.4, E.11, E.12 and E.51; and
Rule E.51 is the same as Rules E.50 and E.49 above.
(i) for Season 2017/18, Premier League Rules B.16, 3, E.4, E.11, E.12 and E.51.
Rule B.16 again refers to acting in “the utmost good faith” in matters between City, the Premier League and other clubs.

To be honest these issues look like relatively trivial administrative matters. Hardly what would be understood as “cheating” even if true.