PL charge City for alleged breaches of financial rules

For what its worth, this is my take on this.

We, as a club have some of the smartest business people in the world looking after our finances. Every business that I have ever worked for sales as close to the wind as possible while ensuring they comply with the rules and regulations.

We then have the Premier League, who are basically a sporting organisation with a huge turnover. I highly doubt that they have the same level of financial understanding and skills as our guys do.

I think it all boils down to interpretation of the rules, the PL may argue that the way we have applied the rules is not in line with their expectations, however, if we have acted according to UK law and everything can be accounted for and shown on the books then we will be fine.

If the independent panel is indeed experts in their field you would have to assume they are fully aware of legal accounting processes.

Our rivals, journalists, fans of other clubs are not privy to what happened. They are only privy to sensationalist out of context reporting but the people who are privy to what happened are our board, solicitors, business partners, auditors & soon the independent committee.

Who looks stressed about the process? Everyone but City.
 
Because the rules of the premier league say they can't and we have agreed to abide by the rules. Specific financial rules aren't unique to the premier league or even football, many other sports have salary caps for example.
I agree with your wider point in that I feel City should have challenged the concept of FFP at it's inception but we didn't so now we have to abide by it.
My main point was we aren't being tried in accordance with UK Law, because a business owner investing as much of his own money as he likes into his business is perfectly legal.

It only becomes an issue when the rules of a private members clubs are applied, & then & only then is it a "breach" of their rules for a business owner to invest as much as he sees fit into his business.

We're essentially being held to the standards of the private members club, not UK Law.

HOWEVER, when the PL say their rules are run in accordance with UK Law, this also poses a problem, because the PL set the point at which UK Law becomes a consideration.

If UK Law was considered throughout FFP/PSR, there wouldn't be any mention of owner investment in the PL's Red Top Rules "RTR".
 
I believe City are 100% innocent.

But I cant help but think City cant be cleared. The hatred towards City built up by our press/media makes it impossible for City to be cleared.

The pl is a multi billion pound business the damage to it would be enormous if they clear their most successful club. They say City are cheats, fraudsters. Surely a City win would mean lots of the top people at the pl would have to resign.

I can't see another of verdicts than guilt by this kangaroo court. The fall out should City be cleared from or press/media will be horrendous.

Like I say I believe City are 100% innocent but dont see with all the hatred built up from our press/media makes it impossible for the pl to find City innocent.
 
My main point was we aren't being tried in accordance with UK Law, because a business owner investing as much of his own money as he likes into his business is perfectly legal.

It only becomes an issue when the rules of a private members clubs are applied, & then & only then is it a "breach" of their rules for a business owner to invest as much as he sees fit into his business.

We're essentially being held to the standards of the private members club, not UK Law.

HOWEVER, when the PL say their rules are run in accordance with UK Law, this also poses a problem, because the PL set the point at which UK Law becomes a consideration.

If UK Law was considered throughout FFP/PSR, there wouldn't be any mention of owner investment in the PL's Red Top Rules "RTR".
The references to in accordance with UK law relate to the process not the charges.
 
The references to in accordance with UK law relate to the process not the charges.
Which makes perfect sense, because FFP/PSR bear little relation to UK Law, which is why it's such a farce that the PL can create their bent self serving rules, then claim only the process itself can be appealed to a UK Court, not the rules themselves.

It's toral utter bullshit.
 
Would any of these financial witch hunts even exist if the rags were still winning things most seasons?
Now that's the point.

The longer the process is drawn out the more money City will continue making by winning things and extending their financial global grip.
Their dilemma is finding evidence to back their allegations.

Unfortunately all including MPs are wanting action now.

Certainly their grip on the media has worked but we are concentrating on getting a bigger share of their pot of gold.
How many of them can compete while they solve their dilemma?
Further financial problems including declining income are likely so why delay?
We continue making hay while the sun shines then at last their legal version of VAR cunjure up a verdict. Pending result we are either cleared or we find a way to appeal. So we continue winning and getting a bigger share of their perceived financial entitlement.

The media continue to hate us but what's new?
 
Which makes perfect sense, because FFP/PSR bear little relation to UK Law, which is why it's such a farce that the PL can create their bent self serving rules, then claim only the process itself can be appealed to a UK Court, not the rules themselves.

It's toral utter bullshit.
So now your back to organisations setting specific rules that don't apply in law. The law doesn't state the maximum you can pay an employee is "x" but other sporting organisations have such rules.
As I said to you earlier, we agreed to abide by the rules of FFP we can't now challenge them.
 
No one has answered me about this point so here goes:
Can someone tell me why the charges go back to 2009 when PL FFP came into force in 2014?
Is it trying to blacken our character so other lesser charges can be seen in a worse light?
Our charges are nothing to do with the PL's Profit & Sustainability Rules. They are to do with wider PL Rules about reporting true and fair accounts and acting in good faith.
 
Everton's appeal outcome will be interesting. The PL made up the sanctions rule after Everton had been charged first time around. The points deduction they have received feels very harsh. If the 10 point deduction still stands post Everton's appeal I wonder what the tribunal will apply to us if we are found guilty of some of the charges. The PL will have set a very dangerous precedent for future cases. Everton need to get their points deduction quashed. Everton should have received a financial penalty in my view due to the size of their breach. What a shambles Richard Masters!
 
So now your back to organisations setting specific rules that don't apply in law. The law doesn't state the maximum you can pay an employee is "x" but other sporting organisations have such rules.
As I said to you earlier, we agreed to abide by the rules of FFP we can't now challenge them.
We can challenge FFP/PSR, but we've chosen not to be the ones to bring it all crashing down.

Just because I agreed to join Need For Speed road racing club, doesn't mean the 70mph national speed limit doesn't apply in Law.

You can't exceed 70mph regardless of club rules, likewise we can't legally be stopped from investing what we like in our squad because of FFP/PSR.

The fact we've agreed to FFP/PSR means little in the big scheme of things in UK Law, otherwise the old bill would've long since felt Khaldoon's collar for allegedly spending too much on his employer's business.
 
Telegraph article today on its back page… Judgement day looms for City ! Article could have been written by a 5 year old…. Basically says a date has been set but interestingly says the club should be made aware before it’s announced publicly…. But we all know it’ll leak to the media before either the club are informed or it’s officially announced.
 
We can challenge FFP/PSR, but we've chosen not to be the ones to bring it all crashing down.

Just because I agreed to join Need For Speed road racing club, doesn't mean the 70mph national speed limit doesn't apply in Law.

You can't exceed 70mph regardless of club rules, likewise we can't legally be stopped from investing what we like in our squad because of FFP/PSR.

The fact we've agreed to FFP/PSR means little in the big scheme of things in UK Law, otherwise the old bill would've long since felt Khaldoon's collar for allegedly spending too much on his employer's business.
Also our charges don't actually relate to FFP, they relate to inaccurate accounting which is something that exists in UK law.
 
Also our charges don't actually relate to FFP, they relate to inaccurate accounting which is something that exists in UK law.
Exactly, so if we're being accused of inaccurate accounting, doesn't that amount to fraud?

If so, why haven't UEFA or the PL ever levelled that term at us, & called in the Plod?
 
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Telegraph article today on its back page… Judgement day looms for City ! Article could have been written by a 5 year old…. Basically says a date has been set but interestingly says the club should be made aware before it’s announced publicly…. But we all know it’ll leak to the media before either the club are informed or it’s officially announced.

Laughable isn’t it. Mike Keegan reported this in October.
 
I am still confused to what we have been accused of with regards 'failing to disclose accurate financial information and managerial remuneration'. Is it that they think Sheikh Mansour paid the money to Etihad then on to us? Don't Newcastles owners factually own their new shirt sponsor?
Regarding Mancini's contract in Abu Dhabi, didn't we lose £120m that year (and got fined) so why wouldn't we add £1m on to that, it doesn't make sense to hide a million when we lost shit loads in that period.
 

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