I dont care what other fans say though.
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PL charge City for alleged breaches of financial rules
- Thread starter ayrshire_blue
- Start date
halfcenturyup
Well-Known Member
- Joined
- 12 Oct 2009
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.... to spite its face?Compromises would normally be made but has this not got to the stage where the club simply will not accept even the smallest charge or admittance of guilt (uncooperating).
This will get nasty, complicated and very drawn out, and everyone's brand will suffer.
Can the Premier league afford to suffer reputational damage?
That's the serious worry for me..... to spite its face?
They must feel they have us, because otherwise huge damage will be caused to the "brand" that is the Premier League.
Not sure quite what you are saying but my point was that it's abundantly clear from the record of history that people choose to believe demonstrably untrue crap because they find it emotionally satisfying to do so.There is literally no evidence in the whole of human history of this being true…
FogBlueInSanFran
Well-Known Member
As @domalino has pointed out, there are possibly data disclosure issues that the Prem has that do not necessarily have anything to do with GAAP or the UK/European equivalent. For example, as a stock analyst, I can ask a company for information, but unless GAAP and the Securities and Exchange Commission require the information be disclosed, the company isn’t required to provide it to me legally (and likely has to provide it to everyone if provided to me per Reg FD or “Full Disclosure”). To help me understand the business it might do so, and the SEC regularly reviews financial filings and asks companies to clarify or expand what they disclose, and accounting rules change all the time too in terms of calculations and disclosures.101% it's so very wrong but so is cooking the books, that's a serious crime and one I simply can't believe we took part in.
If we have, we are doomed and probably rightly so.
If the allegations are false, I would say it would have serious ramifications for the Premier League.
So this is possibly that kind of a situation where the Prem required disclosure for its own purposes which City didn’t provide or omitted.
Now the way such a “violation” is worded in the accusations or — especially — what some media outlets have run with over here (i.e. “cooking the books”) is inflammatory if not total horseshit. But as I said before — the damage is done — and those with no command of accounting or the laws pertaining to it do not care a whit if such hyperbole is what we are saddled with. As with the original FFP “violations”, the devil is in the details — and details rarely get in the way of a good headline and/or lynching.
They don't have us on the evidence, that's basically irrelevant and just an excuse, they have us on the process, that's what I fear.That's the serious worry for me.
They must feel they have us, because otherwise huge damage will be caused to the "brand" that is the Premier League.
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Deleted member 77198
Guest
That was the PFA.Have they got any money.A few months back they were selling Lowry paintings.
Good Thought.I smell yank hands in this.
It's magnificent box office, I would not have it any other way, we are a wonderful club.All part of life’s rich tapestry. Imagine supporting Preston for example, or Southampton or Everton. So bloody boring. At least here it’s been eventful.
Little old cite eh!!!
"At what point does Sheikh Mansour intervene?"I don't think it will have diplomatic repercussions somehow. Much will depend on what happens when it is assessed independently. City have once again stated that they have faith in the process. At what point does Sheikh Mansour intervene? If we lose the independent hearing but before the High Court hearing?
I would think at the point that the club he owns were accused of been cheating bastards.