PL charge City for alleged breaches of financial rules

[terraloon]

Transparency would expose the varying and inconsistent application of the rules. United being given a covid exception for 2022 that no one else received for example.

I think that’s very much the point. Re transparency

Re COVID exception for 21/22 I believe that clubs were still allowed to claim as to if they did or didn’t would be down to them.

Bohley seems supremely confident on Chelsea not being over and yes I know all clubs that have been charged have said roughly the same but again as I have said in number occasions we have no idea of the PSR submissions and I just have feeling that our, Chelsea’s , 21/22 accounts received significant additional allowances due to RA s sanction’s impacting income and also two sizeable sums were significant when it came to the loss. They totalled £96 million they were in respect of impairment( allowed under COVID if proven and or dispensation due to new owners ) and provision for a historic legal matter .
If we had sight of the PSR submissions we would know how or if the Pl allowed these as exceptions if so then £105 million wouldn’t have been the challenge many think but without that transparency we just all have to guess

 

[terraloon]

Sisters

 

[Blue Maverick]

 

[TheKippaxM14Blue]

Well here's the thing... There was a time (not too far in distant memory) when football fans attended football matches, watched the game & had banter with fellow & opposition fans about what happened on the pitch.

Manchester City have changed this forever! Chelsea aren't skint, & can evidently afford the £Billions Bohely is happy to spend on turning his club into a Superpower.

In any other sphere of business, this would be seen as perfectly fine, but because of the FFP/PSR that UEFA/G14 & the PL have brought in to nobble City, other clubs are inadvertently being forced to pull all manner of accounting sophistry in order to remain compliant against the rules they approved purely to stop an opponent from competing with the elite cartel clubs, who had complete control & dominance over football.

Do UEFA or the PL REALLY think these constant financial battles are a good look for the beautiful game? When you step back & take a global overview of what modern football has become, it beggars belief that it's come to what we see today.

And I repeat, none of this was brought about to promote sustainability in football. It was all a mechanism to stop City, which is now crippling those who signed up to it.

Again, what about the football?

None of the cartel want to. The charges/FFP/PSR are the only thing they can cling onto

 

[Coatigan]

Chelsea would have had their legal team look over this transaction and how it would have met the PSR rules. I say kudos for them for finding a loop hole, every club is at it and City have had a good go at it in the past. FFP was brought in to stop clubs going bust, this will not happen to Chelsea with a billionaire owner. It’s daft that clubs are resorting to shenanigans to get round rules that are only resulting with clubs spending less which means a lack of trickle down to teams in the lower leagues.

Agree. But it is worth mentioning the difference in how it is presented.

Chelsea are 'cute' or 'clever' or 'found a loophole, good on them', or 'if that's within the rules then fair play to them'.

Had we done that something so openly brazen, we would have been cheats and spitting in the face of the spirit of ffp and the honest hard work of clubs like liverpool and arsenal who are trying to compete fairly and so on.

 

[halfcenturyup]

I'm not going to lie. I double-checked myself to see if the PL had released a statement but it took all of 10 seconds to bring up zero links. Maybe stupid was the wrong word but given that the poster was having a bit of a pop at me, I had a pop back.

Stefan often tweets with tongue firmly in cheek but granted it doesn't always look obvious. He's not really a source though and has never claimed to be - he just happens to be an expert in that particular subject matter.

Fair enough. I checked as well :)

Edit: Maybe lawyers shouldn't try to be funny. Speaking as a member of the accountancy profession, I can say they aren't very good at it :)

 

[dadnlad]

Sterling’s been a bit of a snide **** about City ever since the takeover. I just can’t work out if it’s his own personal opinion or one that he’s parroting on behalf of his paymasters at Sky and Talkshite though.

depends on which trough he's feeding from

 

[feedmpenzaandhewillscore]

Agree. But it is worth mentioning the difference in how it is presented.

Chelsea are 'cute' or 'clever' or 'found a loophole, good on them', or 'if that's within the rules then fair play to them'.

Had we done that something so openly brazen, we would have been cheats and spitting in the face of the spirit of ffp and the honest hard work of clubs like liverpool and arsenal who are trying to compete fairly and so on.

Hopefully it’s more ammo for City’s legal team to point to at hearing. If what Chelsea have done is within the spirit of the rules, how can they take issue with anything City have supposedly done.

 

[Odd socks]

Gave a nod to an Ipswich fan on redcafe arguing our case, he is still fighting our corner and worth a read ( don't need to log on).
I know he said he's an Ipswich fan but if he's a city fan in disguise well done mate.

 

[M18CTID]

Are Sterling and Stelling related?

Predictive text ffs. Sorry Raheem!