PL charge City for alleged breaches of financial rules

halfcenturyup said:
I think the way they write the award is just "The commission finds ....", there will be no discussion of individual opinions or even an indication of unanimity or dissention. At least, iirc, there hasn't been in previous awards.
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I suppose in a way rather than being inconvenienced by it the KCs are grateful for the extra work they can charge out as one offs rather than having to group them together.

If the PL have to pay I'm sure the individual Clubs will understand why.
 
Charge #11356 - Cleared of all previous charges, thus upsetting several competitors, rival fans and journos, and putting them at a mental disadvantage in several competitions for this and all subsequent seasons. Therefore, exclusion of the offending club is sought as the only reasonable and fair course of action, in order to protect the football establishment in England.
 
SilverFox2 said:
Thanks for reply, on the point of multiple charge for same "offence", would the Panel be able to comment on how this has been allowed to drift year upon year.

If they knew it was an offence yesteryear what possible reason is there to allow it to continue?
Unless of course it is part of allegations to deliberately clog up the Appeal System.
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It was the Der Spiegel stories that started this, although apparently UEFA knew about Fordham ten years ago and discussed it with us then, 3 years before Der Spiegel published their articles. And if Fordham was meant to be a secret, it was a poorly-concealed one as it was in full view on the Companies House website.

My view has always been that if UEFA thought we were hiding player payments from them, we'd have known about it, given how close it was after the 2014 settlement. But we know that Fordham was a rather contrived device to sell IP in order to generate a one-off increase revenue in the 2012/13 FY, not a device to hide expenses.

My guess would be that UEFA saw player payments coming from a third-party and queried this. I believe the Fordham payments carried on for another couple of years before the scheme was closed down so there couldn't have been too much of an issue with them.
 
Prestwich_Blue said:
It was the Der Spiegel stories that started this, although apparently UEFA knew about Fordham ten years ago and discussed it with us then, 3 years before Der Spiegel published their articles. And if Fordham was meant to be a secret, it was a poorly-concealed one as it was in full view on the Companies House website.

My view has always been that if UEFA thought we were hiding player payments from them, we'd have known about it, given how close it was after the 2014 settlement. But we know that Fordham was a rather contrived device to sell IP in order to generate a one-off increase revenue in the 2012/13 FY, not a device to hide expenses.

My guess would be that UEFA saw player payments coming from a third-party and queried this. I believe the Fordham payments carried on for another couple of years before the scheme was closed down so there couldn't have been too much of an issue with them.
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Many thanks Colin for that detailed reply.
I can see how suspicions were raised especially when our business plan had a few years to run before we were finished with owner investment.
How right they were to try to stop City early doors. They were terrified of our owners investment plans from the start and didn't want City to upset their financial setup.
 
I checked in here at lunch time on the last day of the international break, hoping for some 115 verdict news... no such luck.
Think I need a consolation coffee with a tasty muffin or barm (same thing).
 
Greenandblue said:
I checked in here at lunch time on the last day of the international break, hoping for some 115 verdict news... no such luck.
Think I need a consolation coffee with a tasty muffin or barm (same thing).
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That’s like saying Vimpto and Vimto are the same thing.
 
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