PL charge City for alleged breaches of financial rules

Paladin said:
Wouldn't this be similar to insider trading - clubs acting in the knowledge of, but before an announcement? Similar to clubs acting pro-actively on knowledge of proposed rule changes. If United and Liverpool are getting the heads up from their appointee, Masters, that should be illegal too.
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They just can't stop being bent cunts
 
It’s weird how you can bet on virtually anything in sport. First throw in during a match FFS!??? But you can’t bet on the outcome of this case. Is there a legal reason?
 
Surely it’s now too close to the opening game to come out now if there is an agreement of sorts about its release if it’s bad for either side which it will be.

Having said that surely it’s equally as bad if it comes out during the season
 
TheGhost said:
It’s weird how you can bet on virtually anything in sport. First throw in during a match FFS!??? But you can’t bet on the outcome of this case. Is there a legal reason?
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I'm a betting trader. We only offer markets on things we have knowledge of. Even if we took the time to become experts on the PL arbitration process without examining some if not all of the evidence how would we decide ong the odds?
 
blueste41 said:
I'm a betting trader. We only offer markets on things we have knowledge of. Even if we took the time to become experts on the PL arbitration process without examining some if not all of the evidence how would we decide ong the odds?
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Thanks for the illuminating answer. I’m a very occasional gambler and really don’t know how odds are initially set. Could for example Betfair not let ‘the market’ decide the odds? And then wouldn’t bookmakers use that as a basis for their own markets? I thought odds followed the money. With no leaks it seems like a perfect market and that there would be little to no insider trading risk.
 
TheGhost said:
Thanks for the illuminating answer. I’m a very occasional gambler and really don’t know how odds are initially set. Could for example Betfair not let ‘the market’ decide the odds? And then wouldn’t bookmakers use that as a basis for their own markets? I thought odds followed the money. With no leaks it seems like a perfect market and that there would be little to no insider trading risk.
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We could do that and to some extent that is how markets are formed but we have to adjust them to protect our overround but ultimately offering markets that we have no knowledge of would be similar to a taxi driver deciding to open a restaurant. Add that little is known in the public domain and (as far as I'm aware) there isn't much appetite for a market it's never going to happen. I also suspect the GC would take a dim view of a market being formed on the case, there would be no end of insider dealing claims.
 
Stoned Rose said:
There are no CEOs anywhere on the planet who “guess” it’s ok to spunk millions of pounds. They’ve been tipped off.
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This won't have aged well when the verdict is announced and we're found guilty ;)
Beyond that the level of conspiracy in the theory is astronomical. The panel have informed the PL of the verdict but not City, on the back of it the PL have unilaterally decided that without a vote all PSR rules are to be abolished. They have then selectively informed clubs of this. Not to mention that the reason the Rags have made the cutbacks they have is because they are skint and so need to find savings to spend on players.
 
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