PL charge City for alleged breaches of financial rules

tolmie's hairdoo said:
I give them a pass, City expected Pep and Txiki to have left together.

They are battling a case which is a huge threat to the Club.

Mistakes are acceptable, as long as we don't keep repeating them.
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We are repeating one though. We went such a long time without a proper left back but finally fixed it but now we are repeating the mistake at right back.
 
I've been reflecting a bit on the time scale of this recently, bare in mind I have no expertise, but if there are 130 charges and each one takes the panel on average 3 or 4 working days to make a decision, we aren't going to hear anything at all this year even, for the full report it could well take until next summer, no need for conspiracy theories. I think we've all got a bit carried away (myself included) with the idea the verdict would be made public last spring, but really no one has any idea how long this would take (including some experts), there hasn't been any case even remotely like this one before.
 
blueste41 said:
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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You aren't seriously suggesting United are funding these purchases out of administrative savings?

Also, the above conspiracy was yours. It's perfectly possible the PL lawyers gave negative feedback on the hearings to the PL, that this was passed down to the usual suspects and they have decided there is no point waiting another year to invest, PSR be damned.
 
halfcenturyup said:
You aren't seriously suggesting United are funding these purchases out of administrative savings?

Also, the above conspiracy was yours. It's perfectly possible the PL lawyers gave negative feedback on the hearings to the PL, that this was passed down to the usual suspects and they have decided there is no point waiting another year to invest, PSR be damned.
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Admin savings?
Salary saved probably less than £10M pa, less redundancy costs. Cant buy a decent youth team player for that. There is something in the wind we don't know about, besides the so called public info.
If this amount of spending had been betting, the bookies would have shut down the suspicious market.
 
blueandy1mac said:
Admin savings?
Salary saved probably less than £10M pa, less redundancy costs. Cant buy a decent youth team player for that. There is something in the wind we don't know about, besides the so called public info.
If this amount of spending had been betting, the bookies would have shut down the suspicious market.
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Entirely possible. It certainly isn't entirely impossible.
 
Scaring Europe to Death said:
There's a reasonably balanced interview with Kieran Maguire on the BBC website where he basically explains that £200m only equates to around £40m per year, so just as long as the.rags qualify for the CL next year it won't be too much of a problem.

However the article also concludes that they won't even have the Europa League money to fall back on for the next set of accounts so all their eggs are in the qualifying for the CL basket.

They certainly won't be able to repeat the gamble if they fail.
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They also have a womens team
 
halfcenturyup said:
You aren't seriously suggesting United are funding these purchases out of administrative savings?

Also, the above conspiracy was yours. It's perfectly possible the PL lawyers gave negative feedback on the hearings to the PL, that this was passed down to the usual suspects and they have decided there is no point waiting another year to invest, PSR be damned.
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And FFP be damned because squads have to be compliant with those rules as well? If so why weren't they damned when we won at CAS? Some posts that need to be revisited when everything is known, if your all correct and PSR is over I will gladly admit I was wrong.
 
lyonfish said:
I've been reflecting a bit on the time scale of this recently, bare in mind I have no expertise, but if there are 130 charges and each one takes the panel on average 3 or 4 working days to make a decision, we aren't going to hear anything at all this year even, for the full report it could well take until next summer, no need for conspiracy theories. I think we've all got a bit carried away (myself included) with the idea the verdict would be made public last spring, but really no one has any idea how long this would take (including some experts), there hasn't been any case even remotely like this one before.
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I'm of the opinion that if charge X is found not guilt/no case to answer then the other 10 charges for the same thing in other seasons can just show...

AS ABOVE NOTHING TO SEE HERE.
 
lyonfish said:
I've been reflecting a bit on the time scale of this recently, bare in mind I have no expertise, but if there are 130 charges and each one takes the panel on average 3 or 4 working days to make a decision, we aren't going to hear anything at all this year even, for the full report it could well take until next summer, no need for conspiracy theories. I think we've all got a bit carried away (myself included) with the idea the verdict would be made public last spring, but really no one has any idea how long this would take (including some experts), there hasn't been any case even remotely like this one before.
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That's your 115th post, shame it's nonsense ;)
 
blueste41 said:
Despite being a member since 2011 with regular contributions totalling over 5000 You've not noticed me before? I don't even protect my profile so you’re free to check, with flawed fact checking as that it's no fukin wonder you came up with such an outlandish bull shit theory. Add in that you struggle to read and understand English your credibility is around or below zero!
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He is not your best mate. I can tell.
 
blueste41 said:
And FFP be damned because squads have to be compliant with those rules as well? If so why weren't they damned when we won at CAS? Some posts that need to be revisited when everything is known, if your all correct and PSR is over I will gladly admit I was wrong.
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I could have been more precise if I could have been bothered. I imagine points penalties for failing the three year loss limits are a thing of the past, ie dead. I wouldn't be surprised if points deductions for any breach of future financial regulations, such as SCR, are off the table as well. At the very least, I wouldn't like to be the PL if they do apply points deductions when several clubs have driven a coach and horses through the current PSR without sanction.
 
halfcenturyup said:
I could have been more precise if I could have been bothered. I imagine points penalties for failing the three year loss limits are a thing of the past, ie dead. I wouldn't be surprised if points deductions for any breach of future financial regulations, such as SCR, are off the table as well. At the very least, I wouldn't like to be the PL if they do apply points deductions when several clubs have driven a coach and horses through the current PSR without sanction.
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OK, did our lawyers not notice any of this?
 
blueste41 said:
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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Hard to see how these guys have been isolated in a papal conclave for 9 months. It is highly likely that contact at least indirectly has taken place between the panel and interested parties. While no official definitive communication will have taken place it may well be that the powers that be have formed in their minds the likely contours of the result.
The PL may well have relayed this perspective to cartel members who then decided to loosen the purse strings. They may have reasonably decided that, if not abolition, significant changes to the PSR rules are in the pipeline.
 
give it to gordon said:
How can you be rich but have 1.5 billion in debt ?
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I don't think it's anything like that high, and latest interest payments I can see are £37m a year. That's a lot of money, but if you look at that list, it would take them down to "only" the fifth richest club in the world (below Bayern, but still above Barcelona who have huge debts).
 
lyonfish said:
I've been reflecting a bit on the time scale of this recently, bare in mind I have no expertise, but if there are 130 charges and each one takes the panel on average 3 or 4 working days to make a decision, we aren't going to hear anything at all this year even, for the full report it could well take until next summer, no need for conspiracy theories. I think we've all got a bit carried away (myself included) with the idea the verdict would be made public last spring, but really no one has any idea how long this would take (including some experts), there hasn't been any case even remotely like this one before.
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I don't accept that. Far more complex cases are sorted by juries in a matter of days in both criminal and civil cases. While complex in nature these charges are meat and veg to serious legal heads on the panel. They have had 8 fuckin months now, how much longer to you want to give them?
Also it is not true there are 130 separate complex charges as many are interrelated and some indeed are relatively trivial and straightforward. No this corrupt process is demonstrating it is not fit for purpose and hopefully will be consigned to the bin moving forward.
 
blueste41 said:
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.
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Thanks. Every day is a learning day.

I think any bookie that opens a book might be surprised in the interest. But conversely it could be seen to definitely be a volatile market which could swing almost any way depending who you support. I suppose even with the ‘result’ being announced it could be quite complex and not clear cut. The betting options would have to be worded very carefully.
 
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