Ah, this is where we are disagreeing.
I agree with you that the club has very probably complied with a literal reading of P7 and P8 which I suppose is the benchmark now, so those two rules shouldn't be a problem.
But I think you can't read the "filing incorrect accounts" rules literally, for the very reason they have also thrown "bad faith" in there. Yes, the club filed accounts. Yes, they had a clean audit opinion. Yes, the club filed future financial information. All good. Until you take bad faith into account. The PL is saying the directors filed accounts in bad faith because they knew they were wrong, deceived the auditors in bad faith into giving a clean opinion and then deliberately concealed all that in bad faith from the PL.
If you don't take the bad faith allegation into account, it's basically saying these aren't effectively allegations of fraud and that argument has been done to death since day one.
Anyway, I could be completely wrong, but I think all that applies to Mancini and Fordham and/ or Toure as much as sponsorship, no matter what the individual rules for manager and player remuneration say.