PL charge City for alleged breaches of financial rules

marco said:
TBH i actually think were in there heads now, thats all of them from the PL down to the journo's and its eating them from the inside, the PL will fall on there own sword with this, there comical and amatuerish and pathetic, its only going in one direction and thats our way
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I want you to be the one who announces our exoneration when the time comes Marco. Neatly bookmarking your legendary post about the takeover all them years ago! :)
 
marco said:
TBH i actually think were in there heads now, thats all of them from the PL down to the journo's and its eating them from the inside, the PL will fall on there own sword with this, there comical and amatuerish and pathetic, its only going in one direction and thats our way
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I know the breaches are a hot topic and will be a monumental story if we are found guilty, but I find it kinda strange that not one single person (well not to my knowledge anyway) has ever come onto any station to try and explain to the public the reasons why we could be innocent?? You know just to show some semblance of impartiality at least?? We know there's guys on here who are doing a sterling job of explaining to us our finances, and I see them on twitter defending us to the hilt with facts, but there's not a single high profile person in the media who has actually tried to be logical/impartial to try and explain how we "could" be completely innocent. Sly sports could easily dig out the info and get some charts and graphics up too show the world. It's kinda criminal that we aren't being supported or at least given some exposure of how we could just well be a fucking amazingly run club??!!! If the shoe was on the other foot and united or Liverpool were under investigation, you can bet your bottom dollar spitty and nev and co would be constantly on the box in defense of their club, but we get fuck all!!!
 
adr2.8i said:
I know the breaches are a hot topic and will be a monumental story if we are found guilty, but I find it kinda strange that not one single person (well not to my knowledge anyway) has ever come onto any station to try and explain to the public the reasons why we could be innocent?? You know just to show some semblance of impartiality at least?? We know there's guys on here who are doing a sterling job of explaining to us our finances, and I see them on twitter defending us to the hilt with facts, but there's not a single high profile person in the media who has actually tried to be logical/impartial to try and explain how we "could" be completely innocent. Sly sports could easily dig out the info and get some charts and graphics up too show the world. It's kinda criminal that we aren't being supported or at least given some exposure of how we could just well be a fucking amazingly run club??!!! If the shoe was on the other foot and united or Liverpool were under investigation, you can bet your bottom dollar spitty and nev and co would be constantly on the box in defense of their club, but we get fuck all!!!
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It's not a good story is it? Not to mention way too complex for the average Talkshite/Sky viewer to understand.
 
Dribble said:
This is post-covid. I'm pretty sure the one I vaguely remember was 22/23. Regardless, the original point I was making is I think percentages of revenue should be used to control debt, rather than arbitrary figures like £105m over three seasons.

£105m is completely different to Manchester City, than it is to Luton Town. How can that be fair on the Premier League minnows?
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Surely if you linked it to percentage of revenue it would be even less fair for a club like Luton?
 
WRicko said:
I bow to your superior knowledge just don’t see how it can be accurate to say that you could have sponsorship for any amount funded any legal way (not from drugs etc) from one party to another and the owner to pay it back or pay part of it and it would be not only legal but ok. If that was the case google could sponsor someone for a billion quid and get all the money back and it would be fine and both parties would boost there revenue and look better ok costs would be insane unless it was funded by the owner or another party etc instead of the club or whoever was being sponsored
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Fair point, but I said sponsorship at fair value and, as far as I know, the fair value of the club's sponsorships isn't disputed by UEFA, the PL or anyone else with half a brain any more.
 
halfcenturyup said:
Nope. The true amount from the point of view of the audited accounts is the amount in the contract between the two parties, as long as it is at fair value, the one party has provided services to the value of the contract and the other party has paid in full. How the paying party is funded, is irrelevant to the accounts in my view.

The only reason this is an issue is because of the PL rules. The annual accounts don't have to take the PL rules into account.

Don't get me wrong, the allegations can meet the legal definition of fraud, but imho the accounts give a true and fair view just as they are. And the alleged misstatement of the accounts is the most serious allegation by a long way.

All in my opinion as an accountant, not a lawyer, so I am quite happy to be blasted again.
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Yep that’s what I thought too io, At least for us. If we’re found guilty then any allegations of fraud I’d have thought would have been potentially more against Etihad and Etisalat.

That’s also why I think some of the allegations are completely unprovable though, at least by a premier league independent commission.
 
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