PL charge City for alleged breaches of financial rules

Following the TS exchange yesterday, I'm pleased/surprised to see that the expected hue and cry: "City relegated, says ex-employee" headlines absent from all papers today
 
What I don’t understand is why the media have not investigated the fact that UEFA felt there was sufficient evidence to ban City from Europe for 2 years but CAS found no evidence of wrong doing. Surely there was something else going on to cause such a discrepancy of views. Why have the media never reviewed the background of the members of the panel at UEFA.

It’s why I am really relaxed about this because if there was any evidence of wrong doing CAS would have seen it and I don’t think for one minute the PL investigators have managed to uncover any ‘smoking gun’ information. Also let’s be honest as happened at the PO whistleblowers would have come forward at some point if there had been systemic fraud going on

I do sense a change in perception about the scale of the allegations against City and what the PL would need to do to prove those allegations so perhaps the penny is beginning to drop.
Absolutely - none so blind than those who cannot (& don’t want to ) see
 
What I don’t understand is why the media have not investigated the fact that UEFA felt there was sufficient evidence to ban City from Europe for 2 years but CAS found no evidence of wrong doing. Surely there was something else going on to cause such a discrepancy of views. Why have the media never reviewed the background of the members of the panel at UEFA.

It’s why I am really relaxed about this because if there was any evidence of wrong doing CAS would have seen it and I don’t think for one minute the PL investigators have managed to uncover any ‘smoking gun’ information. Also let’s be honest as happened at the PO whistleblowers would have come forward at some point if there had been systemic fraud going on

I do sense a change in perception about the scale of the allegations against City and what the PL would need to do to prove those allegations so perhaps the penny is beginning to drop.

Well we know who was part of the FFP chamber at UEFA... do you think the media would call that out and in-essence go against those clubs that they are associated with. No chance.
 
I got fined £170 quid for running on the pitch at Ewood Park in 1995. Extrapolate with inflation and we could be looking at minimum of £243 today. We’re fucked (especially if we get a duty brief as shite as the one I had).
You should have got some character references of the lads on the coach.
 
I’m sure this has probably already been raised - and answered but IF the PL were to rule that accounting fraud had taken place and issued severe sanctions against us - as a member of the PL we are limited in our ability to take further action. However, if other organisations - who are not members of the PL - feel that they have been Implicated - say a sponsor or an auditor - I’m assuming they could take action against the PL as could senior figures in those organisations. You have to wonder if the PL have really thought this through.
 
What I don’t understand is why the media have not investigated the fact that UEFA felt there was sufficient evidence to ban City from Europe for 2 years but CAS found no evidence of wrong doing. Surely there was something else going on to cause such a discrepancy of views. Why have the media never reviewed the background of the members of the panel at UEFA.

It’s why I am really relaxed about this because if there was any evidence of wrong doing CAS would have seen it and I don’t think for one minute the PL investigators have managed to uncover any ‘smoking gun’ information. Also let’s be honest as happened at the PO whistleblowers would have come forward at some point if there had been systemic fraud going on

I do sense a change in perception about the scale of the allegations against City and what the PL would need to do to prove those allegations so perhaps the penny is beginning to drop.
There are a number of obvious discrepancies in all this and the last case and also the reluctance to ask obvious questions and I think that is what drives the agenda theories, understandably.

The fact that a lot of outlets have just picked up on the 'relegation' outcome is no suprise or change but, there are one or two that have quoted the part where we may be found innocent, and this is the 'win' in Stefan's interview and maybe what he wanted to achieve.
If he hadn't done it, the ridiculous comparisons would have just carried on with no consideration that we could be innocent. Stefan has planted the seed - let's see if it grows.
 
I don't even think Jordan is stupid enough to think there could ever be another Enron scandal, purely due to the regulations (Sarbanes-Oxley) that were brought in, to prevent something like this happening again in the future.

To think a global institution as big as CFG, would be trying their luck, is literally one of the stupidest comparisons I've ever heard, and it makes it worse coming from someone I thought was highly experienced and educated.

You just don't get level headed discussions on that show, which is why Stefan brought a breath of fresh air to it, albeit it only for half an hour.
SOX is only for American companies or those that operate in America. An Enron could happen, but it would need to be a large company that didn't operate in USA. Besides there are plenty of other ways for companies and their external auditors to mess it all up.
 
Mostly click bait headlines from Reach. Nothing new there. They start with relegation in the headline and end with how hard it would be to prove and placate that many people inside and outside the club of being dishonest.

The headlines should read more accurately as. City could face relegation, but PL on shakey ground
 
Not being naive though but where does it say relegation is the outcome? I thought it was just hyperbole from other fans/media as there were 115 charges? If they condensed them in to the 5 or 6 categories of charges, would relegation ever have been mentioned?

If the verdict does go against us I strongly doubt relegation would loom
We are talking about fraud and deception on an industrial scale.
If the charges are proven, relegation would be the least of our worries. Some people could even face prosecution and others banned from football for life.
That's why Stefan added that he believes that City will be cleared because it is almost impossible to prove such cases.
 
Just settling down for the evening, happened to glance at the MEN and saw this: https://www.manchestereveningnews.c...all-news/gary-neville-makes-man-city-28466761

To spare you reading this pile of drivel, in stark contrast to Stefan, those three titans of football finance - Gary Neville, Jamie Carragher and Ian Wright - talk about our case on a podcast.

Neville opines that it's imperative for the PL to bring forward their case against us as soon as possible. I'll come back to him in a minute.

Wright (and I've got a lot of time for Wright when I forget that he was behind the furore that saw Garry Cook resign) also felt that the club owed it to the players and fans to clear their name. Carragher's comment was that we should be looking to fix this straight away and that our continued effort to drag it out made it worse.

Zero awareness about the seriousness of the charges, the need to get it right and no recognition that it's the PL who've spent 4 years, soon to be 5, dragging this investigation out. not us.

Back to Neville now. To his credit, he's against FFP and thinks wealthy owners should be able to spend money on their clubs, but if you were a cynic you could put that down to him having one eye on the millions in Salford City's bank account he can't spend due to the EFL's version of FFP.

He also understands it's a lot more complex, bless him, but is annoyed that Masters has said they've set a date but won't say when. He assumes that means it's a way off and that's not good (at least in his eyes). Again he clearly doesn't understand the PL rule about confidentiality.

Then he talks about our offences, offering his opinion that it's about when we moved some staff and functions out of City and into separate companies. There's never been any suggestion that's part of the charges, and he clearly doesn't understand that CFM and CFS (assuming those are the companies he's referring to) cross-charged their services to the CFG clubs. So we certainly reduced wages, but also increased operating expenses. In addition, UEFA changed FFP rule to bring any such companies within City's 'reporting perimeter' (which may not have been fair if they're providing services and being paid by clubs like NYCFC, who are outside UEFA's 'perimeter'.

He also talked about Mancini's contract, although he admitted that he wasn't sure about the details, believing he was being paid in the Middle East (not the Gulf, which would have been correct) for personal appearances

And people listen to this ill-informed, or just plain wrong, nonsense and treat it as gospel. It's like asking Lord Pannick, or one of his eminent colleagues, to coach Kevin de Bruyne, or getting an accountant to tell Lewis Hamilton where his driving was going wrong.
Gary Neville is on the same level as Simon Jordan. An absolute know nowt, who actually believes his opinion carries weight, credibility and merit. Both have an ego as big as their mouths but only speak absolute utter bollocks on subjects they have no knowledge, understanding or experience of at all. He’s a complete and total ****.
 
Gary Neville is on the same level as Simon Jordan. An absolute know nowt, who actually believes his opinion carries weight, credibility and merit. Both have an ego as big as their mouths but only speak absolute utter bollocks on subjects they have no knowledge, understanding or experience of at all. He’s a complete and total ****.
Reading between the lines, I'm guessing you might not be a fan of Gary's?
 
SOX is only for American companies or those that operate in America. An Enron could happen, but it would need to be a large company that didn't operate in USA. Besides there are plenty of other ways for companies and their external auditors to mess it all up.
There's a UK version of Sox now mate, albeit it wasn't really in place to the degree it is now, 10+ years ago.

I'd also imagine a club as multi national as ours, tries to adhere to as many national corporate governance regulations as reasonably possible.
 
I think he believed it. I think it really dawned on him at the end of Stefan’s reasoning…… I think many will have finally seen it & thought wtf have we done. I think the Athletic has finally realised it & that’s why the last week there has been a shift from them.

Maybe the simple question of ‘what is different between Everton & City’s case’ has made a few realise.
a change of rules in offing so media now starting to point out flaws and how much betterer the new system will be for mardarses
 

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