PL charge City for alleged breaches of financial rules

[Grassland Blue]

After we’ve wiped the floor with them there should be a full & open enquiry.

I’d love to see Masters questioned about the motivations he had as the CEO to try & ruin clubs whilst stating he aim was to ensure clubs don’t get ruined.

This depends on which teams he didn't want to see ruined....

 

[NorCalBlue]

Mancini Charges
A very interesting thread on @slbsn X feed, basically given the PL rules circa 2009 and the LCFC ruling yesterday the PL's chances of landing the Mancini charges are highly unlikely. However, once again, I'll ask if anyone can explain why are the Mancini charges not time barred. There was absolutely NOTHING criminal about the contracts I.e. to stop them being time barred. Is it possible they have already been resolved and thrown out. I know they could be classed as minor charges but if they were fasely raised against us it needs calling out. It adds weight to our arguments about vexatious litigation by commercial rivals.

But 115 is part of our brand now! If it was reduced to 106 or something, it wouldn't be the same :-(

 

[feedmpenzaandhewillscore]

My views have not changed. But everyone should be aware of the risk in any case. I have said this over and over. Don't be too certain about anything.

Can we be certain United are shite? Or do we have to do a Darth Vader and search our feelings?

 

[we are really here]

Self reported?

Isn't the investigation self reported by the new ownership about abramovich eras accounting?

 

[deano ou812]

My views have not changed. But everyone should be aware of the risk in any case. I have said this over and over. Don't be too certain about anything.

Expect the unexpected .

 

[LeonardoDaVnci]

But 115 is part of our brand now! If it was reduced to 106 or something, it wouldn't be the same :-(

Yes that's true, and I do love the mathematical coincidence going around...

City PL champions in 21 + 22 + 23 + 24 + 25 = 115, and 5 in a row ! (hopefully)

That would be a lovely banner for 1894 to produce the next time our Alison comes a callin..

 

[RodneyRodney]

Can we be certain United are shite? Or do we have to do a Darth Vader and search our feelings?

We can't be certain due to the fact that their position is constantly changing because of the number of corners they are turning.

 

[BerkshireBlue]

They found a loophole so good for them. However the one to watch is their offshore payments investigation which they have aready admitted. Apparently the premier league investigation is nearly concluded. The ramifications of this are much more serious than a PSR Breach. Let’s see.

They haven't admitted the offshore payments that is a separate matter. They've admitted another accounting error but what that is no-one knows.

 

[WRicko]

Hopefully this will cheer you all up!


I have done some analysis of the PSR case based on the information provided by Rui Pinto and Der Speigel, here:

Manchester City's Cozy Ties to Abu Dhabi: Sponsorship Money – Paid for by the State

Since the sanctions imposed on Chelsea owner Roman Abramovich, links between English football clubs and authoritarian states have been in the spotlight. Internal documents show that Manchester City has received funding from a government agency in Abu Dhabi.

www.spiegel.de

Der Spiegel released the above information two months after City were charged, with the aim of driving the nail in the coffin, but their evidence really sucks and their analysis of it is just naive.

Firstly from reading the PDFs of the documents they share to download (RM.pdf, ADUG,pdf and FFP.pdf), I am pretty certain City haven't actually done anything wrong and should be cleared of all charges.

Allegation 1 is complicated to understand, but the evidence doesn't match what they are claiming at all and it just doesn't add up. A more logical explanation is the one I put forward. I might be wrong about this, but it makes sense to me, you might need to be an accountant to follow the argument though.

The other points I make should be a lot easier to follow.

I've done a worst case PSR calculation (Allegation 4), by going through City's accounts and adding it all up, and concluded that the sums would be:

2013-2016: -£108,113,000
2014-2017: -£75,263,000
2015-2018: -£66,157,000

The limit is -£105,000,000

In other words a minor breach of PSR in the first period of £3million (c.f. Everton £19m & Forest £30m).

Remember, this is if we have done everything they have accused us of and our combined sponsorship deals are re-valued at the Thomas Cook rate (£2m) that we had way back before the Eithad deal. Valuing the deals at say £3.1m or higher means City don't break PSR at all.

How could the Premier League have got this so wrong? Well, we know they rushed it all through, and I don't think they considered that City can adjust their earnings (AEBT) by the depreciation on the building of the Etihad Campus. This completely destroys their case.


Summary: Overview of the Allegations

The Flawed Case Against Manchester City: - Man City Stuff

A Deep Dive into Der Spiegel's Misguided Allegations On April 7th, 2022, Der Spiegel published an article aimed at substantiating the claims against Manchester City, drawing on a collection of redacted emails and scanned documents as their primary evidence. However, after closely examining the...

mancitystuff.co.uk

Allegation 1 Analysis : Inflated Sponsorship

Allegation 1 – Inflated Sponsorship Deals Paid for by ADUG - Man City Stuff

Part 1 - Financial Issues This section references the downloadable files found on this article at Der Spiegel - HERE In the complex and secretive world of football finance, discerning truth from manipulation is no easy task. The case surrounding Manchester City and the emails leaked by Rui...

mancitystuff.co.uk

Allegation 2 Analysis : Mancini and Toure

Allegation 2 – Mancini and Toure - Man City Stuff

This section references the downloadable files found on this article at Der Spiegel – HERE Preamble In the murky world of leaked documents and high-stakes legal battles, it's hard to discern what's authentic and what isn't. UEFA, in its case before the Court of Arbitration for Sport (CAS)...

mancitystuff.co.uk

Allegation 3 Analysis : FFP - The Own Goal

Allegation 3 – The Own Goal – City Breached UEFA FFP - Man City Stuff

In the intricate landscape of football regulations, one of the key charges against Manchester City revolves around the allegations made by the Premier League is that the club breached UEFA’s Financial Fair Play (FFP) rules for three consecutive seasons. However, this charge by the Premier League...

mancitystuff.co.uk

Allegation 4 Analysis : It simply doesn't add up

Manchester City Allegation 4 – Analysis - Man City Stuff

A proper look at how the numbers add up. In the intricate web of football finance, where numbers and figures can often be as slippery as the pitches the players compete on, the case against Manchester City and the financial practices under scrutiny require a deep dive into the club's financials...

mancitystuff.co.uk

I've also got a video that I have put together showing how the Premier League have altered their statement on 06 feb 2023 multple times since and a few other points about this. I need time to finish them off. I will rpeort back when they are live!

What do you mean City can adjust the cost of building the campus ? Surely you cannot just change figures

 

[BerkshireBlue]

They likely are time barred

I disagree. All the premier league needs to get around the 6 years limitation period is a new email or document saying something strange about the contracts they they didnt know about before. They might have that since they have pretty much all our documents. That will give the PL the door to try and prove whatever they are suggesting but proving it to a high bar might not be possible for them anyway. I've got little hope of anything being time barred for this case apart from the Fordham stuff.