PL charge City for alleged breaches of financial rules

Had a conversation tonight with a fan from another club whose speaks regularly with his chairman. He thinks City will be punished but not with all the charges but still enough to be relegated to the championship! I carnt name the chairman or the club!
 
Had a conversation tonight with a fan from another club whose speaks regularly with his chairman. He thinks City will be punished but not with all the charges but still enough to be relegated to the championship! I carnt name the chairman or the club!
He thinks does he ? we all think nobody knows anything.
 
Had a conversation tonight with a fan from another club whose speaks regularly with his chairman. He thinks City will be punished but not with all the charges but still enough to be relegated to the championship! I carnt name the chairman or the club!
You can’t name the chairman or the club.
Ha ha ha ha. Top tier you pal
 
Hate to be one of those people but heard another positive soft signal (not transfer related) this morning. Seems to me that it would be incompatible with a finding of serious wrong doing at the club. I can't say anything specific but consistent with the other soft signals (being something in the background that would seem unlikely if a seriously negative outcome was coming from the case).
Good to hear Stefan.

But just for the knicker-wetters (and there seems to be a few) let's reiterate:
1. The Etihad allegations were all comprehensively covered at CAS.
  • Etihad paid properly for their sponsorship.
  • No money came from ADUG.
  • Etihad paid fair value for their sponsorship.
  • Etihad got fair value for their sponsorship.
  • Etihad are not a related party (and it would make no difference if they were due to the above points).
I would be amazed if there was any issue with this group of charges. In fact they may be the subject of the rumours (but we don't know how true these are) that around 50 of the charges might have been dropped. The PL would need some pretty damning evidence that wasn't available to CAS to land these charges.

2. The Mancini allegations are a complete red-herring/crock of shit (delete as applicable). This was far more likely to be Mancini seeking a tax advantage of some sort (which isn't in itself illegal) than any attempt to disguise an expense. The numbers involved are completely insignificant given the scale of our losses at that time. Also likely to be time-barred anyway.

3. The Fordham stuff is the only one of the three substantive allegations where I initially thought that we might have been on dodgy ground. But then I thought about it and the point of these was to get revenue on the books in 2012/13, in order (as we thought back then) to meet the Annex XI transitional relief that we hoped would help us avoid punishment.

However they didn't, we negotiated a settlement, and UEFA were aware of Fordham around 2015, with the arrangement ending in 2017 or 2018. No charges were ever brought over Fordham and Der Spiegel's 'revelations' about the arrangement in 2018 were already a known quantity. Of course it's possible that the IC may take a different view but even if they do, the amounts involved are really significant.

Happy Chanukah to you and yours Stefan (and any other Jewish posters) and Happy Xmas to those who celebrate. There are things that worry me about City and our direction of travel, but the PL case isn't one of them.

Point of information. The related party question wasn't explicitly covered at CAS but, as I said, Etihad aren't a related party and even if they were it wouldn't make a blind bit of difference.
 
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Not wanting to hijack the thread but "over the top security policies" really? What does 'insecure methods' even mean? Wrong on so many levels.

back on topic, talk of 'charges' and 'cheating' is also wrong on many levels. Cheating is fielding 14 outfield players and 2 Goalkeepers, or bribing a match official, and as far as I can remember we haven't done either. We have supposedly not abided by 'rules' that weren't in force until we disrupted the cartel and their cosy world.

As for 'charges' other posters have eloquently written that the feasibility of a coordinated, collaboration of multiple organisations and senior individuals to conspire to commit fraud is literally laughable.

I remind myself constantly the legitimacy of the proceedings should be questioned, not City. Any organisation or individual can fall foul of laws or regulations if these are applied retrospectively with the intent to cause prejudice or damage be that reputationally or otherwise. Remembering that when the cartel dominated there was no need for the rules, not even when Jack Walker blew the rags away.

While I'm on my soapbox. Talk of Lord Pannick and his day rate has been discussed. His fee and that of the legal team should be put into perspective. Whilst the figures are eye watering no doubt, but they are not anything remarkable for him or the firms participating.

5 years ago the top fee earners at one of the firms representing City were commanding around 10k per day. I was with one of these Firms in 2019 at their Hong Kong office at the closing of a Merger to the value of 50Bn. I'm not privy to the details of both sides legal fees but assuming the legal fees, for both parties were at 2% of the Merger value combined between both representative firms then the costs whilst substantial (1Bn) the actual cost to the deal was not. My point being, Lord Pannicks day rate seems a big deal, but to him and his firm, not so much.

back to sacking our security team ..... I don't remember it being City's IT taken down for almost 1 month due to a ransomware attack. That dubious honour goes to United. Strange but true they approached me to head up their Cyber Security not long after - to be clear I said no.
Who the fuck are you to come on here and spread the "Gospel of Truthfullness" ?
A wonderful post but please come back more often. ;)
 

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