PL charge City for alleged breaches of financial rules

StillBluessinceHydeRoad said:
Although the same character has penned an article for the MEN which argues that opening up Etihad's books to the world could be a "bombshell" which proves der Spiegel claims that Etihad only actually paid £8 million of the sponsorship which "would breach financial rules set by both the Premier League and UEFA while it could also suggest a fraudulent conspiracy between City's top brass and Etihad executives according to one industry source." It does seem unlikely that Etihad would launch the IPO with an admission of fraud!
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But we know from the CAS hearing that the bulk of the Etihad sponsorship was provided from central Abu Dhabi funds. And there's nothing wrong with that, as long as it didn't come from Sheikh Mansour.

The total, uninformed shit that the media print is absolutely infuriating.
 
give it to gordon said:
football is a mess and the greed of the 3 red tops +1 look set on destroy our game.

These clubs that are being charged arent in a financial mess. It is ridiculous that you can huge debt fail the UEFA ffp but still pass the pl ffp

How can football allow rags to be nearly a billion in debt, a stadium that is falling down, roof leaks like a sieve, cant even put a big screen in the swamp, rags want the tax payers to pay for a new stadium. All this is ok under ffp it's a fucking joke.

Why other clubs are now waking up to it is beyond me, it was obvious want was the plan was. But still these clubs bang on 'what about City'. Bloody hell we arent the bad guys it's the 3 red tops +1 who are the bad guys.
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Who is the plus 1?
 
JewelZee said:
I wish I knew the answer to that question. One would think not, but who knows? How old are these gents? Is there an amount sufficient enough to send someone off into the sunset?
The most interesting point I've seen to date is the possibility that Etihad Airways is going to go public via an IPO on the NYSE. This would mean that Etihad would have to obtain SEC approval through a vigorous and transparent vetting process. Were they to gain such approval how could an independent panel of 3 judges appointed by the PL find them to be involved in what amounts to large scale fraud? That would be ridiculous. Also, my understanding is Etisalat is already 40% publicly owned and is, therefore, already subject to reporting and review by the appropriate regulatory bodies. Are they duping everyone as well?
Also, are Silver Lake in on a massive fraud or victims of SM's deceitfulness? As if an equity firm the size of Silver Lake would be so easily taken in by a fraud of such magnitude when making the decision to invest heavily into CFG.
And while we're at it, it takes some balls to straight up accuse a member of the UAE Royal Family of being an absolute cheat and a fraudster. It's one thing to make sure people are following the rules, but it's another to bring forth this type of charge.
115 charges my ass!! What an obvious agenda driven shitshow this all really is.
And all these ridiculous twats coming onto social media with their mini documentaries thinking they can spell out exactly what it is City have done. Yeh, sure, we're to believe SM, Kaldoon, Soriano, the lot of them are the biggest idiots in the world using major sponsorship contracts to inflate their revenue. And they're doing it with major sponsors from the UAE to boot. Can a plot be more obvious?
The whole thing is a joke. Either you can ascertain that deals were made at substantially above market value or you can't. And in failing that, which is a given, you then need to prove the sponsors in question did not make the payments to City but rather SM himself did. Even if that were the case it would be impossible to prove without testimony supported by documentation from someone within these companies entrusted with this level of financial activity.
I would bet my last dollar if anyone is kicking the can down the road right now it's the Prem. They are certain that their case is a loser and are buying time to figure out a way to get out of this while saving face and meanwhile they're getting the side benefit of City's name being dragged through the mud.
This is only going to end one way and that's with City being exonerated, simple as...
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The one thing that won't happen is for us to be exonerated, the PL will word any statement to the effect of "right to bring the charges but unable to provide definitive proof". Gives everyone enough wriggle room to think we have "got off" rather than been cleared.
 
abu13 said:
The one thing that won't happen is for us to be exonerated, the PL will word any statement to the effect of "right to bring the charges but unable to provide definitive proof". Gives everyone enough wriggle room to think we have "got off" rather than been cleared.
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If they can't do anything to us than we're exonerated, by us. The Prem can say whatever they want. I have zero respect for their words...
 
LeonardoDaVnci said:
View attachment 111337

A personal message from HHSM​

Let me start by thanking my dear friend @LeonardoDaVnci for the use of his BMF account to speak with you today. I would urge all of you to read his excellent posts within this thread, and if you can find it your hearts, please press the Like buttons.

My dear friend @gordondaviesmoustache I would like to share with you a famous proverb used here in the Arab world...

"Ala al-baghi tadur al-dawair"

This means the wheel of injustice turns against the oppressor. It underlines the concept of karma or divine justice. It suggests that those who commit injustices will eventually face the consequences of their actions.

I give you a solemn promise, those slimy toads, the dippers, the rags, the arses and their little poodle who defame, besmirch and smear our beloved Manchester City will pay for their actions a thousand times over. Be strong Bluemooners, @gordondaviesmoustache be patient, I will never disappoint you.

PS For the Arse game I have arranged a free bar at MaryDs to say thank you for your eternal loyalty.

CTID
HHSM
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Will the beer still taste of warm stale piss my Sheik?
 
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