PL charge City for alleged breaches of financial rules

[bluenova]

I was thinking today,

Are City the only organisation, Business or individual that have been charged or are under suspicion as a result of Rui Pinto's hacking?

6 million emails or whatever it was and all they come up with is a case against City owners investing in their own Club / interest.

According to Wikipedia the leak also resulted in the PSG FFP case, the Ronaldo rape case, a release of European Super League plans, and multiple cases of footballers being done for tax evasion.

 

[Shah9320]

The independent committee were a craft on course to the Uk but unfortunately got shot down over Canada.

Given the 24 / 7 media smear campaign, how the f are we supposed to get a fair trial ? Oh wait, perhaps the Independent (lol) panel members are living under a rock.

Most journalists are either united or Liverpool fans so surprises there. Waiting for Adam crafton (rags fan) to write an anti Qatar article like he did during all world cup after united got linked to Qatari royal family.He tweeted how city's PR is brainwashing pep and city fans

 

[Shah9320]

Wow very welcome. It goes some way to rectify his previous inflamed responses while at Arsenal. Also, happy to hear that Wenger holds Khaldoon in such high esteem.

Maybe the mood is starting to change towards City from people who are not in direct competition. Nice change from the constant abuse.

I don't trust him. He was the one who started all financial doping bollocks .

 

[chesterbells]

Unexpected support, of sorts, from Arsene Wenger here:

Very surprising since, iirc, the ‘financial doping’ phrase in relation to us, originated with him.

 

[pudge]

Unexpected support, of sorts, from Arsene Wenger here:

Sure the old **** never sees anything anyway

 

[I'm Blue]

Unexpected support, of sorts, from Arsene Wenger here:

Soon as I read the words "Arsene Wenger" I feared the worst.
Though the cynic in me thinks he's smiling to our face while secretly stabbing us in the back.
He's got form.

 

[halfcenturyup]

Why should Bayern be?

They are the big dog in the most important sports in the biggest economy in Europe.

Their sponsors are usually German or even Bavarian companies that have an international interest. Made in Germany adverstises with made in Germany (and often competes for the advertising contract with other big German companies like in the car market). There is nothing wrong with that. And no - there is no related party. Just 3 companies (independent from each other and owned through shares traded on the stock market) that each own 7% of shares - 75% owned by the club and its fans. The club holds a big majority of the shares and with that the power. The companies just are investors.

Bayern's commercial partners: https://fcbayern.com/de/club/partner

The big difference might be that in the UK you have several big dogs that have to share the "usual" UK sponsors with each other. The foreign partners in the list (usually minor partners) have an interest in the German market and many you can find at about every big club like e.g. Coca-Cola or Konami/FIFA...

I am just saying that Bayern and PSG are outliers when you compare sponsorship income to broadcast income. That is a fact.

Broadcast income is an indicator firstly of how popular a national league is, both nationally and internationally, and, secondly, how successful a particular club is in that league. I think that is undeniable.

Sponsorship income, you would think, depends to the largest extent on the exposure gained from that sponsorship, especially when talking about international sponsorship.

I am not saying anything untoward is going on, although I will say that a large proportion of Bayern's sponsorship income comes from shareholder companies. I have no idea if they are at market value.

 

[Blue_Lightsaber]

Soon as I read the words "Arsene Wenger" I feared the worst.
Though the cynic in me thinks he's smiling to our face while secretly stabbing us in the back.
He's got form.

Yep I don't trust him.

And there's also the danger of PL trying to find people who've worked for us in our past and might be bitter towards us as supposed whistleblowers.

 

[The Stockport Iniesta]

Well aren’t their shareholders coincidentally Adidas and Allianz?

And Audi who put a shitload in, nothing to see here though.

 

[NPBlue]

Interesting quote at the end who said that

It was said by Ian Cheesman on one of his podcasts. There was a finance guy identified I hadn't heard of who was named a couple of times, I can't remember his name, but it doesn't really matter. City provided all the documented evidence to the EUFA inspectors and the CAS judges, and CAS found in our favour.

If CAS could see the error, why was it so elusive to the EUFA inspectors? Hence the comment, I suppose.

So they knew about these payments and perhaps did not try and get them reduced in value or argue they where related part and are now saying some 4 years after it has finished and some 14 years after it started

No, there was nothing other than the contractually agreed payments between the club and the players taking place.

For whatever reason, the EUFA inspectors couldn't reconcile an accounting function that took place between 2009 and 2018 when the payment of image rights was handed over to an outside company.

City were obliged to pay the players the agreed amount stated in their contracts, and they honoured their commitments.

Image rights payments are an accepted part of the game, and there is nothing dodgy about them. There is no need to try and hide them.

 

[Shads]

If allegations proved will we get a tax rebate P?

I fully agree. Didn't make me any less angry, though.

You'd think that the PL, after such a lengthy investigation, must have better evidence so as to constitute a sound basis for the allegations. And you'd hope they'd show the utmost professionalism throughout the issuing and prosecution of such serious charges against a member club.

However, they've been under constant pressure from member clubs, too, and then there's the political issue of the Government considering imposing a regulator on them. I suppose there must be a chance that the PL is doing something similar to UEFA.

It would be astonishing, really, if they've levelled these accusations without showing due regard not only to their obligations to other clubs, but also to MCFC. We're one of their members, too.

On the other hand, it's not unknown for organisations and individuals who should know far better to act in a crass, unprofessional and wholly ill-advised matter when driven by expediency. I've seen it on a number of occasions during my career.

Of course, our detractors would point out that I should note that, when insinuating that the PL may be acting in this way, I should also acknowledge that maybe MCFC is the party whose conduct is questionable. Point taken, Indeed so.

Let's wait and see, then. I do hope there won't be any cause for ire on this occasion.

Or as previously stated never confuse tactics and incompetence…

 

[neel]

 

[halfcenturyup]

Bless. Compared to Khaldoon, he is certainly a financial dope.

 

[paska]

And if we are being pedantic, you were talking value, not market capitalisation seeing as City is a private company.

I never claimed otherwise?

 

[paska]

Arsene has been talking up the allegations constantly until now. Any comment like this one is welcomed, but why the change of heart, and if he knows Khaldoon so well as he says why has it taken til now to make this u-turn?

 

[paska]

No, I compared the financial weight of the club with one branch of Tesco which is apples and apples.

It’s not though, is it? You’re comparing the entire “company” Manchester City Football Club limited, with one very small part of the company Tesco.

 

[paska]

The Tesco's super store in Portwood, Stockport, will make a much larger profit that we do.

Based on our figures over the last five seasons I doubt that very much

 

[paska]

Top flight football clubs are NOT big companies financially in world terms. This is false patting football on the back and is not necessary.

I guess that depends on your definition, but the top top teams are all multi-billion pound companies, and the competitors being in the hundred-of-millions.

So in pure cold numbers they are indeed quite “big” companies. And as I mentioned above across every department they have the staffing levels to align with those numbers.

 

[Shads]

Similar point came up on one of my WhatsApp chats recently. Murray Rosen is King's Council, so will be more concerned about his integrity than point scoring between City & Arsenal.

I take it you don’t know many KC’s. I do. They run the gamut same as everyone else. Some extremely honest and moral… others complete twats.

 

[Nellies left peg]

Yep I don't trust him.

And there's also the danger of PL trying to find people who've worked for us in our past and might be bitter towards us as supposed whistleblowers.

Niall Quinn, Andy Hinchcliffe and Yaya totally agree.