PL charge City for alleged breaches of financial rules

[lancs blue]

Talk sport is the equivalent of the long deceased Daily and Sunday sport . Hopefully soon it will also be extinct .

Ah, so Sheikh Mansour is actually living in a Lancaster bomber on the moon. That explains everything...

 

[SWP's back]

Talk sport is the equivalent of the long deceased Daily and Sunday sport . Hopefully soon it will also be extinct .

A station by bell ends, for bell ends. I’ve not listened to it, save the odd clip on here, for over a decade and I’d happily never see it mentioned ever again.

 

[SWP's back]

My own personal view on this is that it matters not a jot that the contracts were signed on the same day because it looks for all the world to be an arrangement for Mancini's benefit in order to pay less tax than an attempt to deceive the Premier League as it's been stated numerous times on here that there was no FFP back in 2009 and we were posting £100m+ losses back then so why would we hide a couple of million quid a year? Fuck me, a few months before Mancini joined we paid £17m for Crocky Santa Cruz and the whole of that transfer fee went through our books. The only people that should be asking questions are HMRC and they don't seem to be in the least bit interested so that's good enough for me. In short, out of all the charges this one seems to be the biggest crock of straw-clutching shit of the lot!

Mancini wouldn’t save a penny on foreign income whilst a UK tax resident so there’s no benefit for him on that.

He will have had to declare the AJ income and pay tax on it within the UK anyway whilst living there.

 

[hello]

I don't see the problem with a business owner using the expertise of one business he owns to facilitate a deal with a another project he's the chairman of. It sounds like an administrative task that was passed on('can you write me up a contract for this when you get time'). If they are suggesting this 'proves' the deal was a sham or that this somehow proves City are state owned(since the state do own Al Jazira Club), then that is another logical fallacy('anecdotal fallacy'?).

Unless of course, there are some regulations(UEFA, PL) we are not aware of, which would prevent this(which I doubt).

There are some PL regulations to prevent this but they were written years afterwards. That was one the PL's biggest fuckups that they want to test historic accounts and documentations against newer versions of the rules and guidance. It's also the dead giveaway that their legal team hadn't reviewed the press release prior to masters ok'ing it.

 

[M18CTID]

Mancini wouldn’t save a penny on foreign income whilst a UK tax resident so there’s no benefit for him on that.

He will have had to declare the AJ income and pay tax on it within the UK anyway whilst living there.

Thanks for clarifying Sam. That's my theory gone up in smoke then!

 

[Family Man Ashton]

Not to defend the fool on talkshit, but does anyone here really think that our owner would put his 16 years of investment in City and East Manchester on hold just because we might get punished by the PL? It was business as usual when we were punished by UEFA in 2020.

 

[meltonblue]

My own personal view on this is that it matters not a jot that the contracts were signed on the same day because it looks for all the world to be an arrangement for Mancini's benefit in order to pay less tax than an attempt to deceive the Premier League as it's been stated numerous times on here that there was no FFP back in 2009 and we were posting £100m+ losses back then so why would we hide a couple of million quid a year? Fuck me, a few months before Mancini joined we paid £17m for Crocky Santa Cruz and the whole of that transfer fee went through our books. The only people that should be asking questions are HMRC and they don't seem to be in the least bit interested so that's good enough for me. In short, out of all the charges this one seems to be the biggest crock of straw-clutching shit of the lot!

Yeah I don’t think when they were signed is particularly important. The potential issue to me with the Mancini one was city execs negotiating the AJ contract with him.

I do think it’s scraping the barrel still though.

 

[Prestwich_Blue]

100% an arrangement to avoid paying taxes in Italy, but I guess neither Mancini nor City will admit it.

I don't think so. It was amended after a year or two to include any taxes due by him, so we paid it him grossed up (i.e. including the applicable tax). Might have saved him some tax but it wasn't a tax evasion arrangement.

 

[Gorton_Tubster]

Not to defend the fool on talkshit, but does anyone here really think that our owner would put his 16 years of investment in City and East Manchester on hold just because we might get punished by the PL? It was business as usual when we were punished by UEFA in 2020.

No I don't. But he isn't putting it on hold. Not sure what that means?

it was business as usual in 2020, and we were innocent.

 

[remember arthur mann]

I’ve already had two Pooh’s this morning. Can you please speculate about what I’ve been eating and give Simon fucking Jordan a rest. Please!