PL charge City for alleged breaches of financial rules

pavelsrnicek said:
I think the talk about costs being an issue for the Premier League isn’t really an indicator about our current charges but more an excuse for the League not to get involved in this again. If we win don’t expect an appeal. Don’t expect to see Chelsea get hit with the same level of charges either.

I think the PL have realised this has damaged their brand and they are keen to end these type of investigations and they’ll try to sort matters in-house where possible in future. There’s now a big risk for both the PL and any clubs charged going forwards.
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By any objective measure, these proceedings have been an entirely reckless undertaking by the PL.

I have no doubt whatsoever that if Masters could turn back the clock he would choose an entirely different path.

To commence any action that would be existential to the opposing (and well resourced) party you have to be sure of the ground you’re standing on. The respondent to such proceedings has no choice in the matter, but the initiating party does and they should approach it with great care.

To do so based an assumption is complete madness, especially as once you have done so the only control you retain over the proceeding entails capitulation.

The PL has painted themselves into the mother of all corners with this ill-conceived process and they’ve only got themselves to blame for it.
 
pavelsrnicek said:
I think the talk about costs being an issue for the Premier League isn’t really an indicator about our current charges but more an excuse for the League not to get involved in this again. If we win don’t expect an appeal. Don’t expect to see Chelsea get hit with the same level of charges either.

I think the PL have realised this has damaged their brand and they are keen to end these type of investigations and they’ll try to sort matters in-house where possible in future. There’s now a big risk for both the PL and any clubs charged going forwards.
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Chelsea have now been under investigation for 3 years have they not? Regardless of how ours pans out and the cost, they can't just sweep that under the carpet surely?
 
pudge said:
If we're cleared it means we've adhered by the rules and regulations of the league, something they should be popping the champagne to themselves.

Any appeal from the league to dispute that after all this would only further show the absolute shitshow and motives behind it in the first place.
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I’d like to agree but look at the bile the PL produced in response to the APT judgement.
 
SilverFox2 said:
To be fair Stefan has warned us all about the severity of the charges and then how long such a set of charges can/may take.
We are informed that the PL Legal Team is capable so the must also know what they were in for time wise so this must have been passed on to Mr Levy. They chose to continue the expensive legal case yet start suddenly to complain as if Mr Levy did not expect this.

The PL appointed the Panel but unlike former cases the Panel body seemingly consists of men of integrity., a word Mr Levy recently took out of context.
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Perhaps the PL Board ignored their own legal advice like they did in the APT case. You can never underestimate how stupid Masters and some of these Club Directors are.
 
Leeky said:
Unnamed club chief: “The sums involved are eye-watering. The money going to lawyers is money that could've gone to the clubs..."

what a load of made up bollocks
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In the scheme of things, £10 million per club over a three year period isn’t an eye-watering sum.

Plus it sounds like a fabricated number to me. Be surprised it’s more than half that, which makes it about the same as the Mancini payment p.a. for each PL club.

Wonder what Pannick has billed on this job. Got to be north of a couple million quid for what will amount to about six months work in total I’d guess. Would love to see his fee note for this job.

The sols will have had to put a lot of hours in, given the amount of material being in circulation, both ways. So those billable hours won’t have come cheap.

But I’d be utterly amazed if the legal bill is even close to £200 million. In the realm of commercial disputes this one isn’t especially complex and nor did it involve any novel points of law that require forensic exploration. It’s pretty much a fact based exercise as far as I can see. It also hasn’t involved a series of appeals to higher tribunals either, unlike most litigation of repute.

So I call bullshit on that figure.
 
gordondaviesmoustache said:
In the scheme of things, £10 million per club over a three year period isn’t an eye-watering sum.

Plus it sounds like a fabricated number to me. Be surprised it’s more than half that.

Wonder what Pannick has billed on this job. Got to be north of a couple million quid for what will amount to about six months work in total I’d guess. Would love to see his fee note for this job.

The sols will have had to put a lot of hours in, given the amount of material, being in circulation both ways. So those billable hours won’t have come cheap.

But I’d be utterly amazed if the legal bill is even close to £200 million. In the realm of commercial disputes this one isn’t especially complex and nor did it involve any novel points of law that require forensic exploration. It’s pretty much a fact based exercise as far as I can see. It also hasn’t involved a series of appeals to higher tribunals. So I call bullshit.
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I think it means the PLs entire legal bills, not just the City v PL one.
 
kurious oranj said:
I think it means the PLs entire legal bills, not just the City v PL one.
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Ok, thanks - although my calculation was based on the PL and City’s bills combined and I’d be amazed if the PL’s bill in relation to us accounts for less than 50% of their overall bill in that time, so my point remains and I still therefore call bullshit on that figure.
 
bobbyowenquiff said:
Perhaps the PL Board ignored their own legal advice like they did in the APT case. You can never underestimate how stupid Masters and some of these Club Directors are.
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I think you are right.

How stupid they were or perhaps it was hubris, to underestimate the financial power of our owners. It's one thing starting an expensive legal battle with a lesser financially capable opponent but seriously they must be mad to expect a similar result with our owners and their global and particularly USA connections.

Mr M did as he was told and will eventually pay the price but until then let their cost worries be the signals we look for.
 
Th
Stoned Rose said:
These cunts knew this would cost a right lot of money when they decided to kick off over it, so they can fuck off with their whinging.

“New Premier League rules state that anyone sitting on an arbitration panel must confirm they are able to devote sufficient time, diligence and industry to ensure the expeditious and efficient conduct of the arbitration and avoid costly delays”.

Are the PL genuinely suggesting they never thought to check this with panel members prior to them taking the role?

What a massive shitshow.
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They are only whinging about the cost because they know they aren't getting the decision they wanted
 
bobbyowenquiff said:
Perhaps the PL Board ignored their own legal advice like they did in the APT case. You can never underestimate how stupid Masters and some of these Club Directors are.
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Clients ignoring advice and pushing on regardless is a wonderfully liberating experience.
 
SilverFox2 said:
I think you are right.

How stupid they were or perhaps it was hubris, to underestimate the financial power of our owners. It's one thing starting an expensive legal battle with a lesser financially capable opponent but seriously they must be mad to expect a similar result with our owners and their global and particularly USA connections.

Mr M did as he was told and will eventually pay the price but until then let their cost worries be the signals we look for.
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I think the other big 5 clubs have probably got deep enough pockets to pay for the legal fees. The fees will be a relatively small percentage of their overall income. But for the smaller clubs, who gain little from dispute whatever the outcome, it will be much more difficult to swallow.

Who’s going to be the first of the smaller clubs to break ranks and explicitly say they were forced into this by the cartel and they’re really pissed off about it? This could cause huge rifts in the League and City should be doing all they can to exploit this to build a power base. How do we throw these clubs a bone?
 
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Leeky said:
Unnamed club chief: “The sums involved are eye-watering. The money going to lawyers is money that could've gone to the clubs..."

what a load of made up bollocks
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Did...they think a drawn out legal review was going to be done for peanuts?

Honestly, this is kind of a good sign for me. It almost feels like the cost only becomes an issue when the verdict isn't the one you want.
 
Leeky said:
Unnamed club chief: “The sums involved are eye-watering. The money going to lawyers is money that could've gone to the clubs..."

what a load of made up bollocks
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Think of the bleedin' children!!

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