PL charge City for alleged breaches of financial rules

[dan136]

i think it might fall in line with the majority ruling. if we're cleared of the other charges i think non cooperation will be harder for them to argue. and vice versa.

Just a thought, but if we are found not guilty of the charges doesn't that mean we are almost certain to be found guilty of non co-operation, as the non guilty verdict will be based on information we didn't previously provide to the PL when they were doing their initial investigation?

Either that or the PL have come to completely the wrong conclusion on the facts when arriving at their decision to charge us ...... which cold also be true.

 

[Churchlawtonblue]

So no news yet then? Just checking ;-)

 

[Lord Blue]

Just a thought, but if we are found not guilty of the charges doesn't that mean we are almost certain to be found guilty of non co-operation, as the non guilty verdict will be based on information we didn't previously provide to the PL when they were doing their initial investigation?

Either that or the PL have come to completely the wrong conclusion on the facts when arriving at their decision to charge us ...... which cold also be true.

i think that would make it harder for them as we will say that we said all along that our books were accurate and the PL have just wasted our time and money

 

[tommybooth]

I heard we are getting 50 extra points and 200 million compo!!!

 

[ufo]

Just listened to Stefan on Talkshite. Bit about the 115 at the end. Jordan is dying for us to get found guilty. He says we have a case to answer but doesn’t expand on that. Calls us state owned again but doesn’t get picked up on that.

lol ffs case to answer?
dear simon fucking jordon ,
if you are reading this , how about you insert a long stick inside your anus hole and flip it upside down and call it “case to prove?” instead

 

[ufo]

Not Chelsea, according to Swiss Ramble.

if i see what you did there ;)

 

[Prestwich_Blue]

Not actually what SR's numbers say. Or mine. They will fail unless they have a £150m non-football intra group transfer (Women's team or property). I think Keiran does mean Chelsea but I'm inclined to think they have played the game well on permitted intra group transfers to balance the PSR position. Certainly at the operating line they will lose over £200m again

Yes, the numbers are based on his assumptions and we don't know if these are correct or the PL will accept them. He doesn't think UEFA will accept some of their claimed allowances, so they could meet PSR but fail FFP.

When we set up the two subsidiary companies, City Football Services and City Football Marketing, I recall UEFA changed FFP to expand the 'reporting perimeter' so those two entities were included in our FFP assessment. The (presumed) purpose was to ensure we couldn't 'hide' any expenses outside MCFC Limited. However the two companies were cross-charging City and the other CFG clubs for their services so there was a contra-entry, meaning if City paid CFS £1m, that would also be revenue in CFS's accounts so would balance out.

UEFA also said as part of the 2014 settlement that any intra-group transactions would be discounted. If Chelsea have sold assets to group companies then UEFA will presumably disqualify these. That begs the question that if they submit accounts for PSR that they know are incorrect for FFP purposes, are they at risk of being accused of misreporting their finances under PL rules?

 

[ufo]

Off the books payments (proved in Parlour divorce)

happy ending included

 

[Scottyboi]

Verdict must be out soon if Rics preparing the forum for it ;)

 

[Micky Blue]

Just listened to Stefan on Talkshite. Bit about the 115 at the end. Jordan is dying for us to get found guilty. He says we have a case to answer but doesn’t expand on that. Calls us state owned again but doesn’t get picked up on that.

I think Stefan did a great sidestep when Simon asked him what he’s heard.

I may be reading too much into it, but Simon seemed quite confident in saying he thinks we will get done.

I’m guessing Simon has spoken to his friend Daniel Levy about this and I’d be surprised if the PL aren’t briefing the red cartel and their little friend Tottenham.
But I’m probably just paranoid.

He is a prick for continually calling us state owned.

On a separate rant.
He seems to forget while at Palace he pumped his money (all of it) into them, buying Palace out of the championship and into the premier league.
Without his money they wouldn’t have been promoted. Yet he says we distort the market and we buy success.
He's nothing more than a hypocrite.