PL charge City for alleged breaches of financial rules

[jockblue]

Our friend Mr Hat, in discussion with Stefan about auditors, makes the following statement… saying auditors couldn’t determine anything about the following….

The alleged events that resulted in the charges relevant here are:
- Payments of owner funds (equity) to sponsors, onto Man City; and
- Off the book payments from related parties to subsidise payments that Man City would otherwise have had to make

I’m just checking, but we’re not alleged to have done this are we - I thought the issue was we were accused of receiving funds directly from the owner instead of the sponsor. He’s right in that if the sponsor pays us, it’s irrelevant to anyone how they themselves fund that payment and so an auditor of City couldn’t and wouldn’t care. And presumably there’s no PL or UEFA rule against it.

Am I right?

 

[HelloCity]

Our friend Mr Hat, in discussion with Stefan about auditors, makes the following statement… saying auditors couldn’t determine anything about the following….

The alleged events that resulted in the charges relevant here are:
- Payments of owner funds (equity) to sponsors, onto Man City; and
- Off the book payments from related parties to subsidise payments that Man City would otherwise have had to make

I’m just checking, but we’re not alleged to have done this are we - I thought the issue was we were accused of receiving funds directly from the owner instead of the sponsor. He’s right in that if the sponsor pays us, it’s irrelevant to anyone how they themselves fund that payment and so an auditor of City couldn’t and wouldn’t care. And presumably there’s no PL or UEFA rule against it.

Am I right?

No. :)

 

[dickie davies]

Who MBS?

I'm MBS and so is my wife, or should that be "wives"!

 

[oakiecokie]

My theory is Harris might have received a letter from City. At the same time he had no way of ranting nor enhancing his repertoire after the fallout from Stefan's podcast chat. He's got the best of both worlds now. Ranting behind anonymous accounts and engaging at length with Stefan under the new account. Magic is really pouring a LOT of effort into this and the late night ranting is trademark Nick. We'll never prove it's Nick, unless he really slips up like up. But he's unwell and will probably post something to suggest he's away whilst magic hat continues to post.. the Arsenal chat is so limited it can't be an Arsenal fan. The time and effort is deranged.

I wonder where our very own "ono" is nowadays / ;)

 

[dickie davies]

Our friend Mr Hat, in discussion with Stefan about auditors, makes the following statement… saying auditors couldn’t determine anything about the following….

The alleged events that resulted in the charges relevant here are:
- Payments of owner funds (equity) to sponsors, onto Man City; and
- Off the book payments from related parties to subsidise payments that Man City would otherwise have had to make

I’m just checking, but we’re not alleged to have done this are we - I thought the issue was we were accused of receiving funds directly from the owner instead of the sponsor. He’s right in that if the sponsor pays us, it’s irrelevant to anyone how they themselves fund that payment and so an auditor of City couldn’t and wouldn’t care. And presumably there’s no PL or UEFA rule against it.

Am I right?

I believe those were a couple of the allegations made against us by UEFA

It's one reason everyone can't wait for the Etihad accounts be released into the public domain when the airline is floated

 

[eruptron]

He’s a couple of nasty sorts, that man is!

A right pair of TWOHATS!

 

[Gaylord du Bois]

@projectriver has discovered the hitherto, unknown phenomenon.
That none of us are ever more than 3 feet away from an auditor. Frightening when you think about it.

 

[mancboy]

@projectriver has discovered the hitherto, unknown phenomenon.
That none of us are ever more than 3 feet away from an auditor. Frightening when you think about it.

One of the more pleasant names for the missus

 

[KS55]

Our friend Mr Hat, in discussion with Stefan about auditors, makes the following statement… saying auditors couldn’t determine anything about the following….

The alleged events that resulted in the charges relevant here are:
- Payments of owner funds (equity) to sponsors, onto Man City; and
- Off the book payments from related parties to subsidise payments that Man City would otherwise have had to make

I’m just checking, but we’re not alleged to have done this are we - I thought the issue was we were accused of receiving funds directly from the owner instead of the sponsor. He’s right in that if the sponsor pays us, it’s irrelevant to anyone how they themselves fund that payment and so an auditor of City couldn’t and wouldn’t care. And presumably there’s no PL or UEFA rule against it.

Am I right?

Yup.

 

[ganganvince]

What are the odds on two people being up at 12.51am at the same time? Even in conflicting time zones, when one is more likely to be wanting their bed and the other is having his dinner?

Given any thoughts on Magic hat being Timothy Key proprietor of magic hat productions and I believe a red dipper, hiding in plain sight.