PL charge City for alleged breaches of financial rules

[Keeper!]

The amount of money is always relevant.

If you have paid him a pound off the books or a million, you have evaded tax payments and your accounts are not accurate.\
But it's irrelevant in that we don't even know this is one of the charges.

 

[JewelZee]

I’m not suggesting they are unintelligent - just uninformed & therefore should not be commenting on something so serious

Just call it like it is...they're a bunch of morons with their own agendas pandering to people even more idiotic than themselves...simple as...

 

[mcfcphil]

If you have paid him a pound off the books or a million, you have evaded tax payments and your accounts are not accurate.\
But it's irrelevant in that we don't even know this is one of the charges.

It’s a breach either way, but the amount of money involved is absolutely critical to the gravity (and implications) of the offence.

 

[kaz7]

It's a fantastic and informative thread though.

In between the bed wetting it is indeed

 

[blue b4 the moon]

I agree...and I think you mean precedent...

Yes I do....didn't look correct but it was a quick post.

 

[Keeper!]

It’s a breach either way, but the amount of money involved is absolutely critical to the gravity (and implications) of the offence.

Were we really that stupid to take a couple of million quid off the books?

Wow if we were to be found guilty because of that it would be the greatest own goal ever.

 

[OB1]

The issue there is auditors can only act on the information supplied, which we attest is a true & fair reflection.

Having said that, City would be blummin stupid to commit overt financial fraud in the UK, unlike ManUre who reregistered their company in a tax haven.

Again, this comes down to sovereign law & the rules of a private members club.

Flushing the loo after a dump might be a club rule, but it's not UK Law. That's as far as I can see this going.

Auditors though are entitled to see everything a company has and if they ask for something and do not get satisfaction that creates a big problem.

Of course, the auditors cannot see off the books transactions (should they exist) but nor can the EPL.

 

[lefty goldblatt]

Pellegrini was also fined for trying to evade UK taxation - Not a problem for City though - that was his and his alone's problem.

This tax avoiding man

 

[mcfcphil]

Were we really that stupid to take a couple of million quid off the books?

Wow if we were to be found guilty because of that it would be the greatest own goal ever.

You would hope not.
But without Mancini taking to the stand and saying he took payments off the books then it really is irrelevant, no matter what the figures involved are.

 

[Bodicoteblue]

What i dont understand is and maybe im being incredibly dim here but if it was off the books, how has it found its way into our accounting period and been reported on?

I love the idea of some of the world’s most successful, powerful and influential businessmen pulling such a stupid scam and leaving a paper trail so obvious that even the goons at the PL couldn’t miss it.