PL charge City for alleged breaches of financial rules

Running a mile from the case is NOT mutually exclusive from running from the club. That is what he suggested...

How do you know? Absolutely nobody has any idea how it'll be dealt with in the event of a bad outcome. Much the same as nobody can say for certain how the verdict is going to go - people have stronger opinions than others either way but at the end of the day, we will just have to wait.

I don't think POD posted anything controversial, just speculation of which there's about 75,000 posts.
 
This is the crux of the matter for me. For the PL false accounting allegations against City to be true would require a huge conspiracy theory to be true. Such a huge long-term fraud would have required dozens of senior people to lie. It would have required scores of independent auditors to turn a blind eye and remember that some of these allegations were already in the public domain when some audits were done. Those auditors themselves would had to have been dishonest themselves. The senior people at Silverlake and all our biggest sponsors would also have to have (at least) turned a blind eye. United would never have recruited Berrada (who managed our sponsorhips) as their CEO. What is City's motive when they could have just used shareholder loans to boost our finances llke other clubs did? Surely this is just one conspiracy theory too far.
Just a couple of contrary points.

It's highly unlikely that BDO would have been active conspirators in this. Their auditing standards are acknowledged to be the worst of the top 6 firms but it's more likely that if there was a deliberate fraud they'd have been deceived as well. Stefan or someone else has also argued, correctly, that the UEFA accusations alone should have forced them to focus on the areas highlighted in the CAS case, namely the Etihad and other sponsorships, ensuring that everything was squeaky clean.

Also loans are not revenue. If we were looking for 'artificial' ways to boost our revenue, it would have to be 'dodgy' sponsorships, which enghance revenue in the P&L account. Loans don't do that as they go in the balance sheet.
 
How do you know? Absolutely nobody has any idea how it'll be dealt with in the event of a bad outcome. Much the same as nobody can say for certain how the verdict is going to go - people have stronger opinions than others either way but at the end of the day, we will just have to wait.

I don't think POD posted anything controversial, just speculation of which there's about 75,000 posts.
It's crazy as no-one knows for sure if the hearing has actually finished, how the proceedings went or when the judgement will be released. Incredibly vague tweets are seized upon as great news as a further sign of desperate straw clutching.

In the absence of a definitive leak from an unimpeachable source we have to wait for the judgement to see what happens next. Frustrating as fuck but at least it's now only months away and not years.
 

Don't have an account? Register now and see fewer ads!

SIGN UP
Back
Top
  AdBlock Detected
Bluemoon relies on advertising to pay our hosting fees. Please support the site by disabling your ad blocking software to help keep the forum sustainable. Thanks.