my assumption is they are accusing us of fraud have not handed over the evidence to the police therefore we are not guilty of most charges apart from possibly none cooperation
I agree. If evidence existed of fraud by the City execs then it wouldn't be left to the league to investigate and a poxy PL panel to judge, it would be the HRMC, the Serious Fraud Office, the National Crime Agency and then the Crown Court.
I also doubt the league would sit on this evidence without passing it to the authorities.