Well I hope you are correct. I wasn’t being ironic. As Stefan says, in the corporate World companies settle all the time even when they are 100% innocent because they don’t want to take the chance of wrongly being found guilty. It’s just probability theory.LOL. I hope that's an ironic reply. The prospect of relegation was never a serious option, more a piece of media sensationalism.
To be expelled from the PL, or suffer something like a 70 point deduction, we'd have to have committed a very serious, wide ranging and deliberate deception against the PL, UEFA, our auditor and our commercial partners. Quite simply, we haven't done that.
If we had I'd be very shocked and would have little sympathy for those who orchestrated that.
As I said, the very worst case scenario is that we'd be in a similar position to Everton, with the the IC finding that the bulk of the Etihad sponsorship was falsely included in our revenues. In that case we could be found to have exceeded the PL PSR maximum allowable loss by a similar sum when the figures for the impacted years were re-evaluated. I seriously doubt that's going to be the case though.
I thought that too. Misleading headline.
Yes but that’s not my point. It’s possible that we are innocent and lose. We won CAS 2-1 not 3-0 as an example.If that offer is true, don't you think it smacks of desperation and weakness by the PL given its so early in the process. And if City turned it down don't you think they firmly believe they have a very very strong case.
I believe that a points deduction can only be applied for gaining a sporting advantage, any agreement to a deduction is basically admitting that we have done something against the rules that gave us an unfair sporting advantage over our rivals.If that offer is true, don't you think it smacks of desperation and weakness by the PL given its so early in the process. And if City turned it down don't you think they firmly believe they have a very very strong case.
In terms of PSR and inflated or incorrectly recorded sponsorships -LOL. I hope that's an ironic reply. The prospect of relegation was never a serious option, more a piece of media sensationalism.
To be expelled from the PL, or suffer something like a 70 point deduction, we'd have to have committed a very serious, wide ranging and deliberate deception against the PL, UEFA, our auditor and our commercial partners. Quite simply, we haven't done that.
If we had I'd be very shocked and would have little sympathy for those who orchestrated that.
As I said, the very worst case scenario is that we'd be in a similar position to Everton, with the the IC finding that the bulk of the Etihad sponsorship was falsely included in our revenues. In that case we could be found to have exceeded the PL PSR maximum allowable loss by a similar sum when the figures for the impacted years were re-evaluated. I seriously doubt that's going to be the case though.
I can't see how we will lose if we are innocent, certainly not on the substantial charges. Personally if we are innocent I'm happy the club declined the offer if made. And if the PL turns into a kangaroo court and finds us guilty despite the evidence then fuck them, you should always stand up for what's right and your principals. It's them that won't sleep at night not those at City.Yes but that’s not my point. It’s possible that we are innocent and lose. We won CAS 2-1 nor 3-0 as an example.
You're right about the initial Etihad deal as far as I'm aware but at CAS the claim was that Etihad had only paid £8m from its own funds and £52m from somewhere else. UEFA assumed that 'somewhere else' was ADUG whereas we showed it wasn't. But that was for the financial years 2013/14, 2015/16 and 2016/17 iirc.I thought the Etihad deal was £400m for 10 years (when it was signed) equating to £40m per year. Compared to the £60m you stated in your post above.
I can't see how we will lose if we are innocent, certainly not on the substantial charges. Personally if we are innocent I'm happy the club declined the offer if made. And if the PL turns into a kangaroo court and finds us guilty despite the evidence then fuck them, you should always stand up for what's right and your principals. It's them that won't sleep at night not those at City.