PL charge City for alleged breaches of financial rules

[Kippax77]

At this point the EPL are more despicable than UEFA.

A total shit tip

 

[WRicko]

The US clubs are owned by hedge funds….

Forget it, it either went over your head or it’s a shit joke. I’m not fussed which.

How is us going into administration going to affect hedge fund run clubs ? And how would it affect them more than anyone other type of club

 

[mike1923]

All well and good that most of us are convinced we will win this case, but what does Omar know? Can't see the rags serving legals if they didn't get the nod from Omar that there was a chance they could win, hopefully it's a load of made up bullshit, but it does seem weird it's the rags considering a few of ours have jumped ship to them

If he’s told the rags we could be guilty of financial wrongdoing I can’t imagine he’d be in their good books given he would have been the one signing the dodgy sponsorships and the cheques …

 

[RobinHood]

If were proved innocent of all charges do we get compensation the corrupt fookers!

Reputational damages? I don't know.

 

[nmc]

yep - and funnily enough there was a seamless 'transfer' to utd following that. hmmmm?

I seem to recall the league allowed United to sign Tevez and Liverpool Mascherano - both on third party ownership deals before pulling the shutters down and outlawing the practice. Another case of the Red cartel setting the rules to suit themselves.

 

[feedmpenzaandhewillscore]

If I was Richard Masters (and I’m glad I’m not) I’d be begging City to take a cleared of all charges deal, as long as we don’t sue.

If the PL win on any of the charges it opens up an even bigger can of worms.

He must just want to put the genie back in the bottle and for it all to stop.

The PL will now be treading very carefully now they have been shown up for an organisation that operates outside English law and acts in bad faith towards its stake holders on behalf of other clubs. I wonder if it’s led them to back off in pathetically trying to hang charges on the club. They have opened up a can of worms that is now going to become every expensive and is difficult for them.

 

[Invisible Man's Bandage]

The PL will now be treading very carefully now they have been shown up for an organisation that operates outside English law and acts in bad faith towards its stake holders on behalf of other clubs. I wonder if it’s led them to back off in pathetically trying to hang charges on the club. They have opened up a can of worms that is now going to become every expensive and is difficult for them.

It's not the slightest bit expensive for the PL. Their huge legal costs merely come out of the reserve that is distributed to clubs at certain points. All the costs are directly paid for by all PL clubs as they will receive lower reserve payments.

 

[cheekybids]

How is us going into administration going to affect hedge fund run clubs ? And how would it affect them more than anyone other type of club

All the clubs would be left with their own legal costs, it would affect their return. A lot of the US clubs are owned by hedge funds.

It wouldn’t affect them any more but I just thought I’d pick them….

 

[citizen_maine]

It's not the slightest bit expensive for the PL. Their huge legal costs merely come out of the reserve that is distributed to clubs at certain points. All the costs are directly paid for by all PL clubs as they will receive lower reserve payments.

Do you think those clubs are going to be happy having their payments drastically reduced?

 

[Invisible Man's Bandage]

Do you think those clubs are going to be happy having their payments drastically reduced?

I take it that is a rhetorical question?

Clearly not but hey ho....