PL charge City for alleged breaches of financial rules

Having spent a depressingly long time both being a Deloitte auditor and now being an auditee in my life, in this specific case it’s clear there is no finger being pointed at BDO.

The PLs underlying accusation is ultimately that some of the contracts City hold/held were only functional on paper and were just a vehicle for SM to pump equity money in.

BDO will have been presented a signed contract and seen funds coming into the bank and moved on. They may have even asked City the route of funds (unlikely) which as was seen at CAS there was a perfectly reasonable explanation for, so BDO not flagging any concerns doesn’t infer anything about them.
Having spent the minimum 2 years as an auditor in order to obtain my license I couldn't get to the other side of the aisle quick enough.

That said, please explain what the PL can offer as proof that any of City's contracts were "vehicles" to pump equity money in as personally I believe this to require a substantial amount of hard evidence placing a massively high burden of proof on the PL.

Also, if City were to have done this it would unequivocally constitute fraud from a legal standpoint, simple as. Do we really need to go over the obvious reasons?
 
You've just accused possibly 12 Jurors of doing the same thing. So why can't I accuse a KC of having in the back of his head "I really fuckin hate this club" and I'm in a position to show more support to the PL?

Presumably the answer is that, yes every human being is susceptible to bias or undue influence.

But having KCs is probably the option least option to bias due to their experience, expertise and legal responsibilities.

Maybe one day we’ll have AI justice systems but until then we’re stuck with us mere mortals…
 
You know if you were just mentally rich, and I mean incomprehensibly rich, could you as a private citizen sponsor city for £1bil to have your name on the front of the kit? Maybe a picture of your with a thumbs up or whatever?
Or would that be frowned upon by the paragons of virtue in charge?
No because it has to be fair market value . Utter nonsense! Who decides ??
 
Presumably the answer is that, yes every human being is susceptible to bias or undue influence.

But having KCs is probably the option least option to bias due to their experience, expertise and legal responsibilities.

Maybe one day we’ll have AI justice systems but until then we’re stuck with us mere mortals…
i think red dwarf has shown that an ai justice system would be absolutely horrific
 
No because it has to be fair market value . Utter nonsense! Who decides ??
This has always been my problem with ffp, the idea of fair market value has always been complete nonsense, no outside entity can decide market value, the market itself decides it, this is akin to ford deciding that ferrari sells its cars for too much and has to reduce them.
 
Presumably the answer is that, yes every human being is susceptible to bias or undue influence.

But having KCs is probably the option least option to bias due to their experience, expertise and legal responsibilities.

Maybe one day we’ll have AI justice systems but until then we’re stuck with us mere mortals…
Correct, 12 random people pulled from the electoral role (all from within a relatively small area BTW) who may or may not know the square root of fuck all besides what the papers or (even worse) social media has told them or 3 highly educated KC's. Hmm, difficult choice.
 
Presumably the answer is that, yes every human being is susceptible to bias or undue influence.

But having KCs is probably the option least option to bias due to their experience, expertise and legal responsibilities.

Maybe one day we’ll have AI justice systems but until then we’re stuck with us mere mortals…

HAL 9000 likes this.
 
Presumably the answer is that, yes every human being is susceptible to bias or undue influence.

But having KCs is probably the option least option to bias due to their experience, expertise and legal responsibilities.

Maybe one day we’ll have AI justice systems but until then we’re stuck with us mere mortals…
Football tribalism is like nothing else. I wouldn't trust any fucker tbh. If someone's telling me a KC has never ever used any bias in his duties I'm calling bollocks. Especially a fuckin Tarquin.
 

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