PL charge City for alleged breaches of financial rules

[Spanishbob]

Not wishing to split hairs but the charges don’t seem to include payments being made to players the payments were, it seems, they were to agents and intermediaries.

Can I also add in your post that we aren’t being charged with anything it’s allegations.

 

[slbsn]

Thats the crux of it yeah.

They won't be. This is all Chelsea PR - nobody buys it.

 

[slbsn]

I thought the FA could request a points deduction via the PL but ultimately it's up to the PL whether they do or not?

I don't believe so but no PL club has had a FA deduction so partly untrodden. But as it is clear the FA oversee the PL and points deductions are specifically available to the FA Disciplinary, there is no basis for the PL to refuse to accept them if given. Furthermore, you can see in the reporting that Chelsea accept the possibility of sporting sanction even if they claim it won't happen.

 

[Zenmanc]

31st of February I’ve heard

Ooof. I literally knee jerk reached for my mobile to put it on my calendar- luckily reality hit a second after I read it.

 

[richards30]

They won't be. This is all Chelsea PR - nobody buys it.

Hope so mate, they should be nailed big time for this, even if it was under different owners as they won major trophies thus surely making them falsely more valuable?

 

[117 M34]

They won't be. This is all Chelsea PR - nobody buys it.

Are you predicting a chelsea points deduction?

 

[The Light Was Yellow Sir]

Amended Mr Biker sir

Fool that I am! :)

You’ve both made a fundamental error by not adding: “And, it’s live”…

 

[Paladin]

Are you predicting a chelsea points deduction?

I can't see the FA issuing a points deduction. They would be sacrificing cash (by reducing the fine amount) for a sanction that the PL might impose at a later date anyway. The FA won't be criticised for not giving a points deduction. The PL likely will.

 

[tolmie's hairdoo]

and Donnie across the pond loves the UAE

And they love him :)

 

[Chris in London]

I don't believe so but no PL club has had a FA deduction so partly untrodden. But as it is clear the FA oversee the PL and points deductions are specifically available to the FA Disciplinary, there is no basis for the PL to refuse to accept them if given. Furthermore, you can see in the reporting that Chelsea accept the possibility of sporting sanction even if they claim it won't happen.

It's an odd one. As I understand the rules, the FA have power to order a points deduction, but the PL/the Independent Commission doesn't have the power to strip City of, say, the FA Cup.

 

[ArniArason]

Serious fraud would have to involved the company statements being intentionally false and be serious enough for the serious fraud office to be interested Although fraud isn’t include in the limitations I somewhat doubt that, has its so long ago and relatively minor then it wouldn’t even raise an eyebrow at SFO

But if what they're claiming we have done in their charges is true, serious fraud must have been committed.

 

[Gordyola]

But if what they're claiming we have done in their charges is true, serious fraud must have been committed.

Explain what you think what serious fraud was committed, enough for the SFO to investigate

 

[ArniArason]

Explain what you think what serious fraud was committed, enough for the SFO to investigate

I don't think any serious fraud was committed.

But, for the most serious of the charges to be true e.g. failure to provide accurate financial information (i.e.we didn't submit truthful and up-to-date financial accounts about sponsorship deals, including the Etihad deal). That would mean serious fraud would have to have been committed by not only city, but by Etihad, it's owners and possibly even their respective auditors.

 

[Gordyola]

I don't think any serious fraud was committed.

But, for the most serious of the charges to be true e.g. failure to provide accurate financial information (i.e.we didn't submit truthful and up-to-date financial accounts about sponsorship deals, including the Etihad deal). That would mean serious fraud would have to have been committed by not only city, but by Etihad, it's owners and possibly even their respective auditors.

That’s not fraud it’s failure to report to the PL certain requirements
To be fraud that the SFO would get involved in they would have had to deliberately submit incorrect information in the audited accounts and why would they do that, to avoid tax? Since we were making a record loss at the time why commit fraud
Don’t confuse PL rules with company reporting