PL charge City for alleged breaches of financial rules


Any debate about the amount?

Fair value?

Another free pass for them pricks.
The rags have been doing dirty on kit and sponsorship deals for decades unchecked . Just read up the Chevrolet deal. A deal signed up with a company with links to their owners for a price that was so obscenely overpriced it resulted in the internal Chevrolet exec being sacked for misconduct
 
Just some clarification on the RPT issue and forgive me if it’s a stupid question. Who gets to decide what transactions is a RPT? My understanding (entirely from BM) was that the conditions were very specific, laid out in IS24(?) and not negotiable. So if Etihad tick all the boxes for IS24 they are a RPT, if they don’t, they aren’t and whatever City, the Premier League or UEFA think and/or would like doesn’t make a scrap of difference hence the introduction of APT’s.
I think an accountant will tell you that IAS 24 is open to two differing interpretations, which was a bone of contention in 2014, but UEFA did not press it because they thought that our sponsorships were FMV anyway.
 
As Stefan says, yes it would. Unless the PL has evidence that we're not aware of, the related party question is potentially the only chink in our armour as far as the AD sponsorships are concerned. But it's a very, very small one.

And for the cynic in me, it's yet more corroboration that this isn't about the PL acting independently of its shareholders, nobly trying to ensure there is a level financial playing field in accordance with its rules and regulations. It's about our competitors trying to nail us in any small way they can.

Clear & organised.
 
As Stefan says, yes it would. Unless the PL has evidence that we're not aware of, the related party question is potentially the only chink in our armour as far as the AD sponsorships are concerned. But it's a very, very small one.

And for the cynic in me, it's yet more corroboration that this isn't about the PL acting independently of its shareholders, nobly trying to ensure there is a level financial playing field in accordance with its rules and regulations. It's about our competitors trying to nail us in any small way they can.
All of the actions speak for themselves. Deeds not words. Speech is about 18% of communication. But if you do need words, Pep told everyone that the other clubs wanted to beat us off the pitch. He knows the situation.
 

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