PL charge City for alleged breaches of financial rules

[TheThirdDeano]

Magic Hat, stupid twat.

Damn it!

 

[slbsn]

Seems odd to me how a case of alleged fraud won't involve our accountants. I think I know who I believe ;)

He didn't even understand the points being made - his whole analysis (that I saw before finally blocking him for trolling) was flawed and demonstrated very little insight on these matters (his pure legal stuff was higher quality) I am not suggesting BDO come along as a witness. But a finding that all of the accounts for a decade were materially wrong has very serious implications for BDO. To be frank, to anyone that knows anything about the subject, it isn't even debatable. The PLs allegation is quite precisely that the accounts filed by City are wrong and not true. So if the PL are right either BDO have been actively misled (because the audit questions/reps have been asked/given repeatedly including in the face of UEFA investigation 1, UEFA investigation 2, CAS, PL investigation, charge) or BDO are negligent (pretty unlikely in the face of so many external red flags).

These people all think shouting Wirecard or Enron is a good answer. In fact, it simply serves to highlight how high the bar is for the PL. If the PL can prove a new Wirecard or Enron in an IC, that will be some scoop and, as I have always said, super serious.

 

[jaiguruKun]

He didn't even understand the points being made - his whole analysis (that I saw before finally blocking him for trolling) was flawed and demonstrated very little insight on these matters (his pure legal stuff was higher quality) I am not suggesting BDO come along as a witness. But a finding that all of the accounts for a decade were materially wrong has very serious implications for BDO. To be frank, to anyone that knows anything about the subject, it isn't even debatable. The PLs allegation is quite precisely that the accounts filed by City are wrong and not true. So if the PL are right either BDO have been actively misled (because the audit questions/reps have been asked/given repeatedly including in the face of UEFA investigation 1, UEFA investigation 2, CAS, PL investigation, charge) or BDO are negligent (pretty unlikely in the face of so many external red flags).

These people all think shouting Wirecard or Enron is a good answer. In fact, it simply serves to highlight how high the bar is for the PL. If the PL can prove a new Wirecard or Enron in an IC, that will be some scoop and, as I have always said, super serious.

You still think Hat's an American student?
Everything about it screams Harris to me.

 

[eastmanc]

Pretty sure it means that anything before February 2017 is time limited, the only discussion being if anything that happened before then was "deliberately concealed" in which case it can still be considered because discovery was November 2018 (ie less than six years before February 2023).

I doubt they can prove Mancini was deliberately concealed because there was no point: no FFP and no "full remuneration" disclosure requirement. I also doubt Fordham can be proven to be deliberately concealed. It was all disclosed in the accounts so they could have looked at it at any time. So that really just leaves the sponsorships and Toure (if that is, indeed, part of the allegations). I know nothing about Toure, tbh.

I also don't know, or have heard, anything about the allegations about Yaya. Can anyone enlighten me?

 

[ayrshire_blue]

He didn't even understand the points being made - his whole analysis (that I saw before finally blocking him for trolling) was flawed and demonstrated very little insight on these matters (his pure legal stuff was higher quality) I am not suggesting BDO come along as a witness. But a finding that all of the accounts for a decade were materially wrong has very serious implications for BDO. To be frank, to anyone that knows anything about the subject, it isn't even debatable. The PLs allegation is quite precisely that the accounts filed by City are wrong and not true. So if the PL are right either BDO have been actively misled (because the audit questions/reps have been asked/given repeatedly including in the face of UEFA investigation 1, UEFA investigation 2, CAS, PL investigation, charge) or BDO are negligent (pretty unlikely in the face of so many external red flags).

These people all think shouting Wirecard or Enron is a good answer. In fact, it simply serves to highlight how high the bar is for the PL. If the PL can prove a new Wirecard or Enron in an IC, that will be some scoop and, as I have always said, super serious.

I noticed your conversations with him/them have engaged replies from a good few auditors. Some sound more credible in terms of experience and input than others.

Then again, this stuff is awfully difficult to follow for a KFA like me so it makes it all the harder to know who may sound plausible but is actually talking shite and the other way around. Specious was the word @petrusha used and it fits perfectly.

Social media had everyone clued up on virology from 2020-2022, now we're all suddenly top accountants, auditors, solicitors...isn't it funny? =)

 

[KS55]

I noticed your conversations with him/them have engaged replies from a good few auditors. Some sound more credible in terms of experience and input than others.

Then again, this stuff is awfully difficult to follow for a KFA like me so it makes it all the harder to know who may sound plausible but is actually talking shite and the other way around. Specious was the word @petrusha used and it fits perfectly.

Social media had everyone clued up on virology from 2020-2022, now we're all suddenly top accountants, auditors, solicitors...isn't it funny? =)

Knowledge required to be a City fan:
1. Statute of Limitations.
2. IAS 24
3. The law of Contract. Extensive as it is common law. Do you know that Consideration must move from the Promisee or that parties should be Usque ad Unum?
4. Various Misrepresentation Acts and Contracts (Unfair Terms) Act.
5. Libel laws.
6. Arbitration Act.
It should be noted that knowledge and sensible views on football are not required but a working knowledge of Bill Leivers and Dave Ewing is useful.
A complete list of Managers post Joe Mercer needs to be mastered. Who’s repeated tagline was “Yes, boss”?

 

[halfcenturyup]

He didn't even understand the points being made - his whole analysis (that I saw before finally blocking him for trolling) was flawed and demonstrated very little insight on these matters (his pure legal stuff was higher quality) I am not suggesting BDO come along as a witness. But a finding that all of the accounts for a decade were materially wrong has very serious implications for BDO. To be frank, to anyone that knows anything about the subject, it isn't even debatable. The PLs allegation is quite precisely that the accounts filed by City are wrong and not true. So if the PL are right either BDO have been actively misled (because the audit questions/reps have been asked/given repeatedly including in the face of UEFA investigation 1, UEFA investigation 2, CAS, PL investigation, charge) or BDO are negligent (pretty unlikely in the face of so many external red flags).

These people all think shouting Wirecard or Enron is a good answer. In fact, it simply serves to highlight how high the bar is for the PL. If the PL can prove a new Wirecard or Enron in an IC, that will be some scoop and, as I have always said, super serious.

Tbf to him, he had a point that it was unlikely the auditors would have picked anything up on the alleged actions pre-email leak. Where he is wrong is that all BDO could do is ask management about the emails when the emails were leaked and then accept it. Quite spectacularly wrong.

 

[Coatigan]

He didn't even understand the points being made - his whole analysis (that I saw before finally blocking him for trolling) was flawed and demonstrated very little insight on these matters (his pure legal stuff was higher quality) I am not suggesting BDO come along as a witness. But a finding that all of the accounts for a decade were materially wrong has very serious implications for BDO. To be frank, to anyone that knows anything about the subject, it isn't even debatable. The PLs allegation is quite precisely that the accounts filed by City are wrong and not true. So if the PL are right either BDO have been actively misled (because the audit questions/reps have been asked/given repeatedly including in the face of UEFA investigation 1, UEFA investigation 2, CAS, PL investigation, charge) or BDO are negligent (pretty unlikely in the face of so many external red flags).

These people all think shouting Wirecard or Enron is a good answer. In fact, it simply serves to highlight how high the bar is for the PL. If the PL can prove a new Wirecard or Enron in an IC, that will be some scoop and, as I have always said, super serious.

I've asked this a couple of times already.

At what point does all this public speculation and side analysis become unhelpful or counterproductive? To the actual process itself.

I think we have crossed that line myself, but still it snowballs on.

 

[Asa's left peg]

Knowledge required to be a City fan:
1. Statute of Limitations.
2. IAS 24
3. The law of Contract. Extensive as it is common law. Do you know that Consideration must move from the Promisee or that parties should be Usque ad Unum?
4. Various Misrepresentation Acts and Contracts (Unfair Terms) Act.
5. Libel laws.
6. Arbitration Act.
It should be noted that knowledge and sensible views on football are not required but a working knowledge of Bill Leivers and Dave Ewing is useful.
A complete list of Managers post Joe Mercer needs to be mastered. Who’s repeated tagline was “Yes, boss”?

For background, a brief knowledge of middle eastern politics and appreciation of the intricacies of differing branches of Muslim sects.

It's certainly put the debate re barm/bap etc to one side.

 

[Bozzie]

They do say that the average person does trump 34 time s a day on average ... so why promote it ?

Finally I’m above average at something!