PL charge City for alleged breaches of financial rules

Once the PL issued their charges (or even earlier), you can be sure our auditors carried out a lengthy check of the relevant job bags. They will have traced the origins of monies and their route into City’s coffers. They will have reconstructed the audit trails. If not satisfied, they would have resigned.
You can be sure that we have not deceived our auditors.
As once one myself 1000% correct...
 
Regardless of how you feel about the fella, leaking subscriber names to win a Twitter spat is one of the most unprofessional things I've ever seen from someone. It's honestly shocking, and potentially a massive fine if someone wants to take it further. What's he thinking?
 
How do I know what? That SM distancing himself from the case if he thought things were going bad isn't even an option? What are you smoking friend?

Also, PofD claimed that Tolmie's posts indicate that TH doesn't understand the PSR rules when in fact it's the complete opposite. Tolmie suggested we did not go the shareholder loan route because we may have been prescient enough to foresee these loans eventually having to be included in the calculations of a club's PSR. Personally, I think that's a bit of a stretch but it's 100% NOT an indication of Tolmie not knowing what he's talking about in terms of PSR. Quite the opposite.

PofD has some sort of Schleprock shtick going, I get it, but really he's just a cartoon version of the Grim Reaper...
I think some people are over thinking what he actually wrote; I read it that if you were dodgy enough to put through inflated sponsorships, why wouldn't you also take the benefit of the zero interest loans that you can get from your owner?

I'm not sure he was saying that we could have gone the loan route instead of the dodgy revenue route, more so saying that if you were guilty of cooking the books, wouldn't you have taken advantage of the loans as well?

Also, ignoring FFP/PSR, there are huge benefits of having an interest free loan even if it's just for balance sheet purposes, so IMO we didn't go down that route because we envisaged it ended up in us needing/wanting to challenge it further down the line.

May be wishful thinking on my part, but let's be clear, these guys are thinking 10 years in advance, not 10 weeks.
 

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