PL charge City for alleged breaches of financial rules

34yearsandstillgoingstrong said:
1989 - Michael Knighton had his £10M offer to buy 50%(+) of ManU accepted by Martin Edwards- although he eventually acquired a seat on their board - he agreed not to acquire a majority stake. Subsequently - the directors of the club realised they could make a lot more money by floating on the London FTSE - which they duly did. Indeed, a number of clubs "went public" in the 90s. ( usually to benefit the directors )
1998 - BSkyB - who had a monopoly of live TV coverage ( the Premiership had come into being in the early 90s ) made an offer of £625M to buy 100% of the shares of ManU. The offer was duly accepted by ManU shareholders. So we could have seen ManU becoming a sort of "Haarlem Globetrotters" of football- forever on TV - and with Murdoch's backing dominating English ( World ? ) Football with the media, the football authorities, referees totally beholden to them.
( wait a minute ! ) .
Even the likes of Liverpool and Arsenal could see the problem here - the matter was debated in Parliament and referred to the Monopolies and Mergers Commission who banned the takeover. And - yes - Murdoch purchased a 10% (only) interest in a number of other clubs ( including City ) but he soon relinquished these holdings. Then - of course - the Glazers came along and paid c.£800M ( in a manner of speaking ) to acquire ManU - hence Sky's continued obsession with ManU.

P.S. I can't help thinking that should a "Super League" ever come into being with ManU ( and Liverpool ) appointing themselves - the "legacy clubs" -as top dogs - and this without the support of FIFA, UEFA, the FA, etc. , then I suspect ManU would again find their "world domination " ambitions thwarted by higher authority . Just a thought !
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Makes you think Murdoch did buy them but hid behind the Glazers….
 
Brendan110_0 said:
Need a huge banner to commemorate these shenanigans, get those tongues wagging "what does that mean?" followed by googling it across the country.
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You don’t even need to get it in the ground at the Emirates. You could simply display it outside the away end when we play them. And then plaster it all over social media.
 
halfcenturyup said:
That's interesting. Do you think we may never know the judgment on costs? If so, do you think we may never know the outcome of the "second part" if the APT hearing at all?
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Costs may not need a separate hearing because the parties usually agree the position so it’s probable we won’t see a full decision (ie not like the Everton case). We may see something about costs in the second APT judgment which I think will be published - can’t see how they can now not release Part 2 having released Part 1.
 
slbsn said:
Costs may not need a separate hearing because the parties usually agree the position so it’s probable we won’t see a full decision (ie not like the Everton case). We may see something about costs in the second APT judgment which I think will be published - can’t see how they can now not release Part 2 having released Part 1.
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When do you think part 2 will be released?
 
cheekybids said:
Off the books payments (proved in Parlour divorce)
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paying their players through an umbrella scheme so they could avoid paying tax, these kind of things are the biggest indicator that this whole thing was orchestrated by the red cartel for reputational damage, the inference is that they HAD to forensically examine citys accounts for the last 15 years because of a few out of context hacked emails but there has been multiple instances of the tarquins, the dippers, the rags and spuds being involved in nefarious goings on and every single time the result has been sweep it under the carpet nothing to see here at no point has any of their proven wrongdoings instigated in the manner which they have with us, so if that isnt an indication of the pl acting in bad faith then im not sure what is.
 
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Brendan110_0 said:
Need a huge banner to commemorate these shenanigans, get those tongues wagging "what does that mean?" followed by googling it across the country.
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I admire your optimism but, if you believe fans of rival clubs will show any interest in their own misdemeanours, I have a bridge to sell you.
 
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