PL charge City for alleged breaches of financial rules

[ChicagoBlue]

The issue here is; Are the "sophisticated ultra CONservative" greatest legal minds in Britain adjudicating under FFP/P&S Rules, or UK Law?

Again, is any possible appeal adjudicated under FFP/P&S Rules, or UK Law? They aren't one & the same, because if it were the latter, we wouldn't be anywhere near this situation.

I’m going to go out on a limb and say that anyone on that Commission will be deeply versed in the rules and regulations of the PL under which City are being charged AND aware that PL R&Rs cannot violate UK business law.

YMMV.

 

[Dribble]

I’m going to go out on a limb and say that anyone on that Commission will be deeply versed in the rules and regulations of the PL under which City are being charged AND aware that PL R&Rs cannot violate UK business law.

YMMV.

This being the case, why can't a wealthy owner invest as much of his/her legally acquired money into their business, as they see fit?

 

[Fred_Quimby]

This being the case, why can't a wealthy owner invest as much of his/her own legally acquired money into their own business, as they see fit?

Because you have to wear a red shirt?

 

[Dribble]

Anyone any idea as to.why the date for the hearing has to be a secret?

To stop Palestine level protest demonstrations from City fans, from interrupting the hearings?

 

[NZBlue]

To stop Palestine level protest demonstrations from City fans, from interrupting the hearings?

Probably it wouldn't be City fans and we'd be looking for a different verdict

 

[Mazzarelli's Swiss Cheese]

“Small” is a term that is routinely deployed pejoratively from supporters of certain clubs in the PL towards others clubs. On that basis the word should be used with great caution and consideration by the Chief Executive of that league, most especially when describing clubs that would be the subject of that description.

If Masters was competent in his job, he would appreciate this.

If he was competent he wouldn't have accepted the job - like the previous two appointees.

 

[Fordyboy46]

Fucking hell Fordy thats the the most positive thing I`ve seen you post ... ever. ;)

It's doing my head in mate

 

[abu13]

For what its worth, this is my take on this.

We, as a club have some of the smartest business people in the world looking after our finances. Every business that I have ever worked for sales as close to the wind as possible while ensuring they comply with the rules and regulations.

We then have the Premier League, who are basically a sporting organisation with a huge turnover. I highly doubt that they have the same level of financial understanding and skills as our guys do.

I think it all boils down to interpretation of the rules, the PL may argue that the way we have applied the rules is not in line with their expectations, however, if we have acted according to UK law and everything can be accounted for and shown on the books then we will be fine.

If the independent panel is indeed experts in their field you would have to assume they are fully aware of legal accounting processes.

 

[blueste41]

This being the case, why can't a wealthy owner invest as much of his/her legally acquired money into their business, as they see fit?

Because the rules of the premier league say they can't and we have agreed to abide by the rules. Specific financial rules aren't unique to the premier league or even football, many other sports have salary caps for example.
I agree with your wider point in that I feel City should have challenged the concept of FFP at it's inception but we didn't so now we have to abide by it.

 

[blueste41]

Anyone any idea as to.why the date for the hearing has to be a secret?

None whatsoever but I think it's a good thing for City, the last thing we need is the media and fans of other clubs running a ticker tape countdown with daily updates.