PL charge City for alleged breaches of financial rules

[city2]

Because they are MANUre. Same with the Dippers. It's only the rest who will be sanctioned with points deductions.

If the teams in red were to be investigated they would actually be awarded points for the audacity of the investigation

 

[John Wayne]

Hiring the best lawyers? Several media took that as evidence that we were guilty. Henry Winter in The Times argued that we did that to kick the UEFA charges into the long grass and now maintains that our lawyers are just causing delay. YCNMIU.

Fortunately we attach no weight to the opinions of members of the British press. Henry Winter has since contributed to the club's official website, thereby demonstrating that we spend little time fretting over what people think about our decision to pay for strong legal representation.

There are days when I think that the club should be suing people to within an inch of their lives, but whilst it annoys me that they seldom defend the club in public, deep down I think their policy is right. We will keep calm, keep our counsel, and when the time is right, we'll act accordingly.

 

[Invisible Man's Bandage]

So Everton have been found guilty of an overspend averaging 6.5 mill a season over a three season monitoring period. How is that gaining much, if any, meaningful advantage? It just shows what a shambles FFP is.

 

[Mr.Banks]

If debt is ok, why couldn’t Everton just borrow say £250m to pay off the deficits that they’re being punished for? Then they could argue they’re only in debt not making a loss, which evidence from a certain club in red suggests is ok.

I genuinely don’t understand.

According to the football financial expert on Sly if they had gone down this route they would have been fine apparently, it's the fact that the money used was deemed to be the owners money, which as we know is a no no.

 

[The Light Was Yellow Sir]

Eh? If Everton lose ten points they lose ten points. It's still ten points off what they've earned whenever the deduction occurs.
The question is whether some relegated clubs will carry out their threat to sue EFC as their cheating enabled them to survive.

Ten points deducted now is infinitely better than ten points deducted later without a doubt.

 

[Stockton Heath Blue]

I know what you mean but disagree. When our owners started to transform the club and demonstrate our business model was working, Arsenal, United and Liverpool had a choice. They could either copy us or try to stop us moving forward with the plan.

Thank God they chose the latter. At the time there were quite a few sports economic papers published pointing this out. Even better they had multiple time periods to review their failed decision and turn back. There was a tipping point about 5 years ago where it was their last chance to catch and then overtake City using their historical popularity to their advantage, and all three carried on down the road to nowhere refusing to invest in their own clubs.

We are now the strongest football club in the World both on and off the pitch.There is no reputational damage at all except in fans heads and the press. The Club, in the time this has been going on, has won 17 major trophies has the highest revenue in football and is the biggest brand overtaking Real Madrid and Barcelona. City are now expanding the area around the stadium in addition to the stadium itself. They own or have a controlling Interest in 13 clubs around the World. Contrast those huge achievements with the clubs that tried to stop us…how have they got on? Did it work?

The red clubs have put enormous effort into trying to stop us and, at the same time, have slipped further and further behind until they are now too late.

So what is left? Surely the supporters of those clubs would be furious at their own club? Well one set is but the others….not so much. What can they do to distract people from their abject failure to tackle City correctly when they had the chance?

The answer is to create a situation whereby fans believe huge reputational damage has been done to City from which they will ultimately never recover. “We called them cheats, we said they had no history, we said nasty owners” It didn’t cost them a penny.

It’s a shame that some of our own fans believe we are losing an important battle but it doesn’t make any difference. City decided to be “best in class” in all areas and it’s worked quicker than they expected because nobody effectively challenged them In the way they thought. Jesus…Khaldoon even told them at one point “we are not responsible for your failures” and “just accept we are here” He was basically saying if you don’t like it copy us If you think you are losing out.

City fans often say why don’t the club sue this person or that person for lying…not a warning, actually do it. The reason they don’t is because City will not get involved in battles that do not matter to them. They focus on the plan and move forward, ever evolving.

City will never tell its own fans not to get upset about the press, they will hope they notice that it hasn’t worked and enjoy the success but, in the end, even that doesn’t matter to them either, it’s not their job.

People will believe what they want to believe but the facts are what matter. City have played it beautifully.

As for the other clubs well they should thank their lucky stars football has loyal customers. In any other businesses their boards would have been fired by the shareholders years ago for failing to respond to the challenge and instead claiming victory by way of reuputational damage while their clubs sank without trace.

It doesn’t look like a big win for them because it isn’t, quite the opposite in fact.

Brilliant piece

 

[chaddblue]

View attachment 98954

That's what I read mate, on the everton thread. Not saying you're wrong or I'm right. Who knows

 

[Claytop]

That's what I though but for some reason posters are talking about a £20m overspend?

That's what it was. From the BBC.

The commission added: "Everton's understandable desire to improve its on-pitch performance (to replace the non-existent midfield, as Mr Moshiri put it in evidence) led it to take chances with its PSR position.

"Those chances resulted in it exceeding the £105m threshold by £19.5m.

"The position that Everton finds itself in is of its own making. The excess over the threshold is significant. The consequence is that Everton's culpability is great.

"We take into account the fact that Everton's PSR trend over the relevant four years is positive, but cannot ignore the fact that the failure to comply with the PSR regime was the result of Everton irresponsibly taking a chance that things would turn out positively."

They lost over £300m in that period but got most back via Covid allowances as far as I'm aware.

 

[geek24601]

Not going to lie but this news today has made me sick to my stomach. Let’s hope our faith in the clubs innocence is not misplaced. If we are found guilty we are fucked.

 

[meeesh]

Fucking jug eared twat.

Coz he used to play for them that, he’s an absolute prick of the highest calibre him, even he knows he is as well