PL charge City for alleged breaches of financial rules

[Dribble]

I like to hear what stefan says because it's fact based and informative.
You are quoting the Daily Mail. And why does he have to explain to everyone? Wtf is this bollocks.

It's an important point being that the authorities were made aware of the Der Spiegel claims as far back as November 2018.

My unanswered question to him is why haven't the authorities descended on the Etihad to impound our documents & devices?

This is an alleged multi-million pound fraud, carried out over 15 years. Angela Rayner was interviewed by the police over claims she may have underpaid £1500 in capital gains tax 10 years ago.

Something evidently doesn't add up, & in spite of his hyperbole, he can't explain why.

 

[schfc6]

That's a strange take from a City fan? It will also bring Arsenal and Liverpool closer to us if we need to make cut backs, is that good news?

Providing it’s a level playing field, then even if it hinders City, then fair fucks. It seems a ridiculous way to try and grow the league.
But if it’s the same rule for all, then there’s not much to moan at.

 

[marco]

lol it really is pathetic isnt it, HMRC would never ever name or single out the club like those headlines say, but hey 4 games to go and the race is neck and neck, the next pile of shit on the eve of the FA Cup Final i think

 

[halfcenturyup]

Poor @projectriver. The latest to be submerged in a screed of sesquipedalian bullshit (© @petrusha ). Been there, done that.

For anyone who is struggling with the concepts here:

https://forums.bluemoon-mcfc.co.uk/threads/115-charges-faqs.363295/

 

[Didsbury Dave]

Poor @projectriver. The latest to be submerged in a screed of sesquipedalian bullshit (© @petrusha ). Been there, done that.

For anyone who is struggling with the concepts here:

https://forums.bluemoon-mcfc.co.uk/threads/115-charges-faqs.363295/

It’s one of the best examples of the Dunning Kruger effect I’ve ever seen. Highly amusing.

 

[manimanc]

Not really. Each case is different. In any event, just because those raids occurred doesn't mean much in this context.

I know you're probably bored to the back teeth of the same repetitive questions so I shall apologise in advance.
To me, a normal fan looking from the outside in, we're being accused of false figures in sponsorship deals and monies in general about the club, correct?

To me that is fraud is it not? What I'm failing to join together is that if the Premier League are accusing us of it and they seem cocksure we are fiddling about figures, why aren't the relevant authorities acting on it?

And I've just realised your username is projectriver. I've always read it as projectdriver.

My bad. :)

 

[monty silva]

It's an important point being that the authorities were made aware of the Der Spiegel claims as far back as November 2018.

My unanswered question to him is why haven't the authorities descended on the Etihad to impound our documents & devices?

This is an alleged multi-million pound fraud, carried out over 15 years. Angela Rayner was interviewed by the police over claims she may have underpaid £1500 in capital gains tax 10 years ago.

Something evidently doesn't add up, & in spite of his hyperbole, he can't explain why.

If the accusation is where the sponsor got their money and the sponsor being based in UAE, would HMRC get involved?
If the accusation is the sponsor paid too much, would we actually be due a rebate?

 

[antste]

Im not going to judge the rules until I understand them more but the point above about bonuses is quite interesting, lets assume for a minute that we are on for the treble next season and it comes down to the CL final, if we win it then the whole playing squad gets a bonus that suddenly puts us outside of the permitted spend. Given the players are all on contracts written before these rules came into affect, where the hell does this go.
Do we get to a situation where players get told to throw a CL final just to ensure the club comply to a set of rules like this?

Surely we just use the bonus money to buy a hotel and split it between them. That's allowed isn't it ?

 

[Ric]

I know you're probably bored to the back teeth of the same repetitive questions so I shall apologise in advance.
To me, a normal fan looking from the outside in, we're being accused of false figures in sponsorship deals and monies in general about the club, correct?

To me that is fraud is it not? What I'm failing to join together is that if the Premier League are accusing us of it and they seem cocksure we are fiddling about figures, why aren't the relevant authorities acting on it?

And I've just realised your username is projectriver. I've always read it as projectdriver.

My bad. :)

As per @Chris in London's excellent FAQs thread:

If fraud is alleged, why haven’t City been charged by the criminal authorities?

It would have been unusual for (say) the Serious Fraud Office to commence an investigation in a case like this where what is alleged is a breach of the PL’s internal rules. However they tend not to announce it from the rooftops when they are commencing an investigation, especially if that would result in (for instance) evidence being destroyed.

If the charges are proved (and there is no appeal), it is quite probable that a criminal allegation would be launched. Given how high-profile this case is, it would be difficult for the SFO to resist the pressure to launch their own investigation.

However, the standard of proof in a criminal case is even higher – it is beyond reasonable doubt – and the age of some of the charges means that it would be very difficult to persuade a jury that the accounts signed off 12 or 13 years ago were knowingly/fraudulently mis-stated. Moreover, if City lost it is almost inevitable that there would be an appeal, which would mean that the events in question were even more historic.

Never say never, but criminal charges seems very very unlikely even if the PL charges are successful.

 

[Dribble]

There's a lot of feeling in there.

Because my club is apparently under mortal threat, & supposed City fans are adding to the bullshit we're facing.

I'm a realist who likes to be told how things are. The crucial point always being avoided is:

No police. No HMRC. No SFO. No accusation of fraud. Nothing. Why?

Before we get dragged into the accounting & legal weeds, why not think laterally & seek answers to the above fundamentals first...