blue b4 the moon
Well-Known Member
It's all bollocks isn't it?
You lose crazy money but just chuck in a 'yeah but....' and like magic as a cartel club it's suddenly ok.
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PL charge City for alleged breaches of financial rules
- Thread starter ayrshire_blue
- Start date
You lose crazy money but just chuck in a 'yeah but....' and like magic as a cartel club it's suddenly ok.
Marvin.
Well-Known Member
Are these allowable deductions for legal costs specified in the rule book?Meanwhile over at Trafford they have made a loss totalling over £300 million in the past three years.
Despite the results, United are not expected to breach the Premier League's profit and sustainability rules because not all spending goes against their calculations and clubs can claim allowances known as "add backs". They have been allowed to add back £40 million in Covid losses and more than £40 million for their strategic review.
Think Everton and forest should have had one of those 40m strategic reviews.
I wonder whether Utd are using PSR to ramp up their revenue or whether they really are in danger. The rules must be really loose if Chelsea can operate in the way they have done. No wonder that most football fans view the whole PSR and football regulation as a farce.
blueyorkie
Well-Known Member
It shows that we are not state owned!Uh huh, uh huh
Now, what the fuck does any of that mean if reference to any sort of sign one way or the other?
That's like when folk post transfer tweets in foreign languages, the fuck am I supposed to do with that?
The Future’s Blue!
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Do those figures add up? I thought it was £105 mil over 3 years.Meanwhile over at Trafford they have made a loss totalling over £300 million in the past three years.
Despite the results, United are not expected to breach the Premier League's profit and sustainability rules because not all spending goes against their calculations and clubs can claim allowances known as "add backs". They have been allowed to add back £40 million in Covid losses and more than £40 million for their strategic review.
Think Everton and forest should have had one of those 40m strategic reviews.
300 - 40 - 40 = 220
Where’s the other £115 mil come from?
Oh, I get it now ;-)
These strategic reviews are bloody expensive. I guess no company employees are involved, as that would be covered within their club salary. I suspect someone is taking the p***, and a governing body is allowing them to.
Yep would like to see those invoices! I assume they cannot add legal fees for the sale?
gordondaviesmoustache
Well-Known Member
Selling yourself short there, mate.It took them fifteen months and £40m for the Glazer family “strategic review” of Manchester United, the outcome sell 25% to someone else. Wish they had come to me. I would have saved them £39.5M.
I wonder why he did that.When the news broke of a large group of shares being acquired in 2024, posters within the thread assumed that it was Silver Lake. It was seen as a "good sign" (not to be mistaken for a soft signal) that things were ok because why would Silver Lake invest millions more into CFG if they thought we were about to be found guilty of cheating with monumental repercussions potentially following?
It's now transpired it's not actually been Silver Lake who's acquired the shares, but Sheikh Mansour.
citizen_maine
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Preparing to resignI wonder why he did that.
He’s bored with his plaything.Preparing to resign
citizen_maine
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It's all downhill from hereHe’s bored with his plaything.
bluemanchester
Well-Known Member
Could be no club is getting charged because when the judgement on our case is published it will be more damming for the Premier League than the recent verdict in our other case when the verdict was that it was unlawful. When the 115 judgement is published, PSR and the rest of the cartels rules could well be criticised more and end up just like PSR, by being thrown out of the nearest window.Meanwhile over at Trafford they have made a loss totalling over £300 million in the past three years.
Despite the results, United are not expected to breach the Premier League's profit and sustainability rules because not all spending goes against their calculations and clubs can claim allowances known as "add backs". They have been allowed to add back £40 million in Covid losses and more than £40 million for their strategic review.
Think Everton and forest should have had one of those 40m strategic reviews.
Here's hoping.
johnnytapia
Well-Known Member
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Has he bought his own shares?When the news broke of a large group of shares being acquired in 2024, posters within the thread assumed that it was Silver Lake. It was seen as a "good sign" (not to be mistaken for a soft signal) that things were ok because why would Silver Lake invest millions more into CFG if they thought we were about to be found guilty of cheating with monumental repercussions potentially following?
It's now transpired it's not actually been Silver Lake who's acquired the shares, but Sheikh Mansour.
The Light Was Yellow Sir
Well-Known Member
That would require a modicum of self awareness and a huge reduction in entitlement…And after the lies spoken and printed in the media following the events at Hillsborough, if there's one fanbase that should be cautious of trial by media, it's liverpool
New preference shares issued. No idea why. The proceeds went to CFG, of course.Has he bought his own shares?
All the time, and I am fed up of it.I work with this pool idiot, goes on like there’s a big cloud over us, man cheaty etc, says we are like OJ Simpson, even if cleared of all charges but get a fine for non co operation, that’s guilty in his envious eyes. Does anyone else suffer fools like this?
Grassland Blue
Well-Known Member
BUT - NOT BEFORE the rags have been held to account!Could be no club is getting charged because when the judgement on our case is published it will be more damming for the Premier League than the recent verdict in our other case when the verdict was that it was unlawful. When the 115 judgement is published, PSR and the rest of the cartels rules could well be criticised more and end up just like PSR, by being thrown out of the nearest window.
Here's hoping.
I work with this pool idiot, goes on like there’s a big cloud over us, man cheaty etc, says we are like OJ Simpson, even if cleared of all charges but get a fine for non co operation, that’s guilty in his envious eyes. Does anyone else suffer fools like this?
If anyone that ignorant offers me an opinion of the case, I ask them to explain to me exactly what we're accused of. They never can so I tell them I won't discuss it with people who know nothing about the proceedings. This, by the way, includes lawyers I know who are adamant that City are guilty as charged and should really know better.
Theirs is a view born of ignorance about the case, but I don't actually blame people who aren't inclined to follow everything about City online for assuming that we've done what we're accused of. Remember what a very eminent gentleman said when he referred to matters being "organised and clear". Everything has been presented to the public so that anyone who doesn't do in-depth research would unquestioningly believe that version of events.
The original Der Spiegel revelations were presented as a smoking gun and not as merely a ground for concern. Yes, they read badly for City, but the coverage both in the German outlet and elsewhere was uniformly hysterical. No one cared to point out that, just because something was discussed in an email, it doesn't mean it happened. Nor did anyone pick up on the fact that comments presented as betraying an intention to break the rules might actually disclose a plan to circumvent them with no breach, as millions of legitimate businesses across the globe do on a daily basis.
This assumption of City being caught bang to rights has underpinned basically all mainstream media coverage since then. I therefore understand non-City fans who don't wish to investigate further assuming that the evidence must bear out a damaging conclusion for the club. What I can't forgive is the attitude of the journalists and press outlets themselves.
There have been two or three top posts on this issue by @gordondaviesmoustache recently and, like him, I feel astonished that it's impossible to call to mind a serious journalist - not a single fucking one - who's written a piece countenancing that we might not be guilty. Even Martin Samuel, that rare ally of ours, approaches the issue from a perspective of the rules being flawed and aimed at protectionism benefiting a handful of clubs.
Now, we don't know what evidence there is outwith the public domain, and maybe the PL's investigation has yielded a comprehensive and compelling body of evidence that will amply demonstrate City's guilt. But based on what's within the public realm, that would seem highly unlikely, while it seems easy to contemplate how the club could easily have achieved its objectives over the period at hand without breaching the rules that the PL claims we did. For business people like those in the top positions at our club, that really wouldn't be unduly challenging.
I wouldn't have expected the media to go all in and bat for City by any means. I don't expect everyone to like us. Having risen to our position of prominence based on the injection of as cash sum in ten figures, we aren't exactly the poster boys for romance (though it's a sport in which romance, at least at top level, has been dead for decades) and I don't ask for us to be reported as though we are. I did previously expect impartiality in our coverage, though, by which I mean some recognition that the accusations against us might not be true.
As some people on here know, I have for my sins a long and deep connection with Russia. I'm enough of an FOC to have spent time here when Pravda was still the major daily print news source and before it gained additional editorial freedom in the era of glasnost. I've also spoken to people who were employed by this august publication in its heyday.
My experience is that they don't generally delude themselves. They'll usually admit that they were propagandists. That puts them a step up from most of City's media enemies, who seem to want not only to peddle a tawdry succession of half-truths and untruths, but also to gaslight us into thinking there's some moral campaign behind what they do. Risibly, it appears that some of the WhatsApp group lay claim to being the heirs of Woodward and Bernstein.
Fuck off, lads and the odd lass. We know full well you're shabby and rancid intellectual prostitutes looking for what best helps to line your pockets and coming down on the side of an odious coterie of American disaster capitalists whose only desire is to ratchet up the value of their investment. I'm far from dewy-eyed about our own stakeholders, but at least I don't lie for a living on their behalf.
And that's what our media detractors do - at best, proclaiming half-truths, but more often outright lies. As I recently said, just look at the mendacity that followed the CAS award, when the Panel found no evidence against City on the main charge. City selected two of the arbitrators, we were told. UEFA's statute of limitations applied when there'd be no limitation issues under PL proceedings. The CAS standard of proof was too high. And UEFA were remiss in failing to appeal the CAS award.
Arrant, fallacious bullshit, all of it. And the fact that all of that spread within the mainstream media like wildfire tells you everything you need to know about those in that field. Regrettably, people will and do believe the untruths and half-truths unless they know better, but I reserve my real disdain for the organ-grinders and not the monkeys.
TL, DR - People who know nothing about the case but spout about City's guilt are cunts, of course. But it's in the media where you'll find the more outrageous and despicable cunts, so don't forget to target hurl the bulk of your contempt their way. After all, however much you generate for them, you can rest assured it's fully merited.