PL charge City for alleged breaches of financial rules

[slbsn]

Can’t disagree with any of that especially that it doesn’t make a whole load of difference, but the back and front channel messages were always ones of City refusing to provide anything meaningful until they got to CAS. The arguments we used always felt “likely to be unsuccessful but required in any event” at least that’s how they felt to me.
This time the messages are much more bullish and open that we have everything provided already in copious amounts and no hint of a failure to cooperate. To put it another way it just feels different this time on the cooperation front.

I don’t think we have anywhere near enough information on this but the key point I wanted to get across we did not admit it last time and it was also a 2-1 issue so the arguments were clearly not hopeless.

The concern on cooperation this time is the breadth of the PL rules. They appear to be far wider than UEFA’s so you can still breach even with a huge disclosure (which may or not have taken place). Likewise these are charges for breaches before the laying of charges - we are probably only just starting the disclosure process for the actual hearing.

And there is a huge hint of failure of cooperate in the fact that we’ve been charged extensively on those PL rules re cooperation.

So all bets are off especially as the issue on what is properly disclosable before a charge is bound to be debatable regardless of broad PL rules.

 

[wolviedinho]

Abu Dhabi has announced changes at two of the world's biggest sovereign wealth funds (SWFs). The moves put prominent members of the ruling family in charge of strategic investments worth some $1 trillion, and they may also hint at more leadership changes ahead in the oil-rich emirate.

Mubadala, conversely, was created to be a more nimble investor with a greater appetite for risk than the conservative Adia. It was spun off from the UAE Offsets Group in 2002 and since then it had always been headed by Sheikh Mohammed bin Zayed, who oversaw its expansion into a fund with a $284 billion portfolio and a presence in over 50 countries. From an early stage, Sheikh Mohammed entrusted Khaldoun Mubarak with the day-to-day management of Mubadala, and he will retain his position of managing director in the reshuffle.

Sheikh Tahnoon and Sheikh Mansour very high profile positions in managing the current and future wealth of the country, with combined assets of the funds totaling more than $1 trillion. It also demonstrates that they remain trusted lieutenants of the Abu Dhabi ruler, close observers say.

Sheikh Mansour is the deputy prime minister of the UAE, and has been an active international investor for decades, his best known acquisition perhaps being the British soccer club Manchester City in 2008.

So that’s Bellingham sorted then -:)

I think the premier has picked a fight with the wrong people! Masters, levy, Glazers, Fenway hahahahah!

Landmark Shake-Up At Abu Dhabi Wealth Funds

Abu Dhabi has announced changes at two of the world’s biggest sovereign wealth funds.

www.energyintel.com

 

[KS55]

Abu Dhabi has announced changes at two of the world's biggest sovereign wealth funds (SWFs). The moves put prominent members of the ruling family in charge of strategic investments worth some $1 trillion, and they may also hint at more leadership changes ahead in the oil-rich emirate.

Mubadala, conversely, was created to be a more nimble investor with a greater appetite for risk than the conservative Adia. It was spun off from the UAE Offsets Group in 2002 and since then it had always been headed by Sheikh Mohammed bin Zayed, who oversaw its expansion into a fund with a $284 billion portfolio and a presence in over 50 countries. From an early stage, Sheikh Mohammed entrusted Khaldoun Mubarak with the day-to-day management of Mubadala, and he will retain his position of managing director in the reshuffle.

Sheikh Tahnoon and Sheikh Mansour very high profile positions in managing the current and future wealth of the country, with combined assets of the funds totaling more than $1 trillion. It also demonstrates that they remain trusted lieutenants of the Abu Dhabi ruler, close observers say.

Sheikh Mansour is the deputy prime minister of the UAE, and has been an active international investor for decades, his best known acquisition perhaps being the British soccer club Manchester City in 2008.

So that’s Bellingham sorted then -:)

I think the premier has picked a fight with the wrong people! Masters, levy, Glazers, Fenway hahahahah!

Landmark Shake-Up At Abu Dhabi Wealth Funds

Abu Dhabi has announced changes at two of the world’s biggest sovereign wealth funds.

www.energyintel.com

Ahem….Mansour is not THE deputy prime minister of UAE; he is A deputy prime minister, one of three currently.
DPM is a courtesy title conferred on senior members of a body called The Cabinet. This body is described as the supreme sovereign body of UAE. Its job is to give formal assent to legislation already agreed by the government, the Executive Council. The Cabinet has no executive powers and functions like our king as giving the final approval of gov measures. Mansour is not a member of the gov of UAE or AbuDhabi.

 

[Bluesince1979]

And don’t forget, UEFA’s ethics committee was going to investigate where the leaks were emanating from, but that investigation was quietly abandoned
I do wonder if UEFA agreed not to enforce the CAS fine if City agreed the ethics investigation wasn’t concluded

If we did that it makes us weak. Again. Like letting the liverpool hacking situation just quietly go away with a small fine.

But i guess the politics at work maybe gain more by taking a softer approach sometimes

 

[cheekybids]

Abu Dhabi has announced changes at two of the world's biggest sovereign wealth funds (SWFs). The moves put prominent members of the ruling family in charge of strategic investments worth some $1 trillion, and they may also hint at more leadership changes ahead in the oil-rich emirate.

Mubadala, conversely, was created to be a more nimble investor with a greater appetite for risk than the conservative Adia. It was spun off from the UAE Offsets Group in 2002 and since then it had always been headed by Sheikh Mohammed bin Zayed, who oversaw its expansion into a fund with a $284 billion portfolio and a presence in over 50 countries. From an early stage, Sheikh Mohammed entrusted Khaldoun Mubarak with the day-to-day management of Mubadala, and he will retain his position of managing director in the reshuffle.

Sheikh Tahnoon and Sheikh Mansour very high profile positions in managing the current and future wealth of the country, with combined assets of the funds totaling more than $1 trillion. It also demonstrates that they remain trusted lieutenants of the Abu Dhabi ruler, close observers say.

Sheikh Mansour is the deputy prime minister of the UAE, and has been an active international investor for decades, his best known acquisition perhaps being the British soccer club Manchester City in 2008.

So that’s Bellingham sorted then -:)

I think the premier has picked a fight with the wrong people! Masters, levy, Glazers, Fenway hahahahah!

Landmark Shake-Up At Abu Dhabi Wealth Funds

Abu Dhabi has announced changes at two of the world’s biggest sovereign wealth funds.

www.energyintel.com

I was waiting to get to the paragraph that states he’s now bored.

1 trillion & likkle Citeh described as the best known acquisition, PMSL.

 

[SilverFox2]

Ahem….Mansour is not THE deputy prime minister of UAE; he is A deputy prime minister, one of three currently.
DPM is a courtesy title conferred on senior members of a body called The Cabinet. This body is described as the supreme sovereign body of UAE. Its job is to give formal assent to legislation already agreed by the government, the Executive Council. The Cabinet has no executive powers and functions like our king as giving the final approval of gov measures. Mansour is not a member of the gov of UAE or AbuDhabi.

Will he have any say on which countries that massive amount of money may be invested?

 

[lust overlord]

Will he have any say on which countries that massive amount of money may be invested?

I would imagine that would depend on what the relations were with the countries hoping for investment.
I can imagine being called liars and criminals may possibly make things awkward.

 

[Norbiton]

I would imagine that would depend on what the relations were with the countries hoping for investment.
I can imagine being called liars and criminals may possibly make things awkward.

I’d prefer us to be cleared because we hadn’t broken the rules rather than having significant political and financial leverage. Then again, being cleared is the crucial bit!

 

[richards30]

I’d prefer us to be cleared because we hadn’t broken the rules rather than having significant political and financial leverage. Then again, being cleared is the crucial bit!

Yeah i hope we separate the issues and clear our name in a sporting sense rather than the UK government getting involved due to investment pressure?

 

[Keith Moon]

Abu Dhabi has announced changes at two of the world's biggest sovereign wealth funds (SWFs). The moves put prominent members of the ruling family in charge of strategic investments worth some $1 trillion, and they may also hint at more leadership changes ahead in the oil-rich emirate.

Mubadala, conversely, was created to be a more nimble investor with a greater appetite for risk than the conservative Adia. It was spun off from the UAE Offsets Group in 2002 and since then it had always been headed by Sheikh Mohammed bin Zayed, who oversaw its expansion into a fund with a $284 billion portfolio and a presence in over 50 countries. From an early stage, Sheikh Mohammed entrusted Khaldoun Mubarak with the day-to-day management of Mubadala, and he will retain his position of managing director in the reshuffle.

Sheikh Tahnoon and Sheikh Mansour very high profile positions in managing the current and future wealth of the country, with combined assets of the funds totaling more than $1 trillion. It also demonstrates that they remain trusted lieutenants of the Abu Dhabi ruler, close observers say.

Sheikh Mansour is the deputy prime minister of the UAE, and has been an active international investor for decades, his best known acquisition perhaps being the British soccer club Manchester City in 2008.

So that’s Bellingham sorted then -:)

I think the premier has picked a fight with the wrong people! Masters, levy, Glazers, Fenway hahahahah!

Landmark Shake-Up At Abu Dhabi Wealth Funds

Abu Dhabi has announced changes at two of the world’s biggest sovereign wealth funds.

www.energyintel.com

So no crown-prince title for Sheikh Mansour.