PL charge City for alleged breaches of financial rules

[Jam Tomorrow]

It’s relevant albeit loosely but thought this little snippet was interesting

Newcastle cough up £10MILLION to settle HMRC spat from Mike Ashley's ownership

NEWCASTLE UNITED have coughed up £10million to settle a long-running tax battle with HMRC – including millions in legal fees and costs from the row. The club faced a £6.25m bill – befor…

www.thesun.co.uk

Without having all the dots it wouldn’t seem likely that Newcastle have had to settle with HMRC the tx/nic/interest re payments made to agents.

The reference to Nic would suggest to me that the payments in question relate to sums paid by NUFC in relation to players own liabilities in effect making them Benefits in Kind.

If that is correct that has to mean is that NUFC have understated the sums paid to players if for no other reason that NUFC paying the tax means the initial P11D submissions re benefits in kind almost certainly will have been grossed up but by making further tax/nic payments to HMRC the original numbers will be incorrect

I believe that Man U still have a similar matter on going .

Would this fall under disguising payments? I.e. what City are being accused of.

 

[nmc]

HOW?

How? How long was she in the role? Days? Some suggestion she didn’t even start.

 

[nmc]

Heres the latest posting from another united fanboy. Any information in this we've not seen before - he says its all new stuff from a "whistleblower". Its to do with the Toure contractual payments of which there seemed to be a sparsity of detail available particularly regarding to what the charges actually "alleged". We assume Toure was part of the allegations of "None declaration of contractual payments" although thats never been confirmed anywhere.
@slbsn

Is this posted by David Icke? Never fails to surprise me how many people on Twitter have security service levels of inside info…. Social media really has promoted some utter fuckwits to a relative level of prominence.

 

[johnnytapia]

How? How long was she in the role? Days? Some suggestion she didn’t even start.

You mustn’t be as old as me! It was her name that made me ask - in capitals!

 

[johnnytapia]

How? How long was she in the role? Days? Some suggestion she didn’t even start.

 

[terraloon]

Would this fall under disguising payments? I.e. what City are charged with?

So, does this have significant PSR implications

Does make you wonder

To be fair club after club have had to settle these type of issues with HMRC but for me the fact remains that the overall cost or expense relating to a transaction has been/ was understated

 

[Rory Bluelow]

I was trying to find the document. Do you have it?

It was published in one of our threads 2 or 3 days ago. Read through it but didn’t keep a copy

 

[Stoned Rose]

View attachment 130992She has aged a bit in this photo but you wouldn't argue with her then or when she was younger.

Does Rooney know he’s lost his favourite memory stick?

 

[StillBluessinceHydeRoad]

I think it might be a good time (it always is!) to say again (as I and others said repeatedly in the months leading up to the CAS hearing) that I trust those running our club to run our club better than any other and to ensure that no rules at all are broken in doing so. Furthermore I trust no-one as much as Lord Pannick to present our case as cogently, compellingly and convincingly as is possible so that we read again a judgement which stresses that our accusers "brought no evidence" to support their case. How the press and the fans of "other" clubs greet such an outcome is of no interest at all and they can employ themselves in private to find a place where they can store the judgement. I think we can suggest somewhere dark where the sunlight will never fade it.

 

[gordondaviesmoustache]

My kingdom for one media outlet/personality to have the bollocks to ask what happens if we're innocent

I’m relatively cynical about the media, but still astonished by this.

That hardly anyone is asking the question about the implication if we are cleared. It’s genuinely nuts that virtually no-one is.