PL charge City for alleged breaches of financial rules

[Didsbury Dave]

I'm not sure - maybe some would. In fact, I remember being really jealous and wishing it had happened to us!

I never had a bad word to say about Chelsea when they were taken over, meanwhile United, Arsenal & Liverpool fans were screaming blue murder.

When SWP went to Chelsea most City fans were upset but also understood the club's position and how it was a big step of for SWP in reality. I don't recall any City fans being upset about 'the money' and holding it against Chelsea.

I'm sure some of our softened position though came from Chelsea becoming competition for the rags!

with Chelsea definitely we were that shit that we just welcomed the challenge to United.

 

[pennypennytannerbob]

Interesting question. When accountants produce their audit report stating that the accounts show a true and fair view, there's a concept of materiality. That means they can't 100% guarantee that every penny is accounted for correctly but that, in their view, there are no material misstatements. If the company bought a capital item for £100, and didn't depreciate it over 5 years, that's not material. If they find something that would have materially affected revenue or net profit, say by 10 or 20%, then they'd have to highlight it.

If an executive was charged with fraud, and by the end of his trial his lawyers were able to prove all but one of the alleged fraudulent transactions was legitimately incurred, but that he'd claimed a £20 taxi fare when he'd walked, or got a lift, technically he's guilty of fraud but I doubt there would be any punishment.

My former boss on the other hand, was found guilty of concealing tens and maybe hundreds of millions of pounds of insurance claims, which probably impacted the company's net profits by £200m. That's material, and he got 7 years in prison for that.

and in auditing "audit sum amounts" at the end of an audit refer to a Summary of Uncorrected Misstatements (SUM), a record of all identified errors or omissions that have not been corrected. The audit team can assess whether uncorrected misstatements in total result in a material misstatement, even if individually they are not material.

 

[cheekybids]

I always smile to myself about this. If Newcastle were champions and we’d been taken over by Ray Ranson we’d be screaming on here day in day out about cheating and sportswashing.

That’s only because the media controls the narrative & the available information for us to judge would be that they cheated.

“Sympathy for the misinformed, accountability for the misleaders”

 

[mattcity5]

My point is that ever since the charges were brought we’ve been guilty.. always will be

In everybody’s eyes

Which is why rather than moan about how unfair all that is (which it is), we instead need to push for equal levels of investigation for other PL clubs. That's not moaning, thats wanting equal treatment.

A massive banner "Now investigate the rest", in full view on tv at every home game. That'll make them twitch a little.

 

[hertsblue]

That’s only because the media controls the narrative & the available information for us to judge would be that they cheated.

“Sympathy for the misinformed, accountability for the misleaders”

Exactly, how quick the media were to tell us the Rags only just failed UEFA FFP and no investigation into how the Rags avoided the PSR with the joke covid claim.

 

[danielwood5]

I always smile to myself about this. If Newcastle were champions and we’d been taken over by Ray Ranson we’d be screaming on here day in day out about cheating and sportswashing.

Like everybody on here was when Chelsea were taken over?

 

[dublinblue12]

I always smile to myself about this. If Newcastle were champions and we’d been taken over by Ray Ranson we’d be screaming on here day in day out about cheating and sportswashing.

True but also content with the fact they are stopping the likes of Utd, Liverpool and Arsenal hovering up trophy's

 

[JewelZee]

The problem is that the majority of fans from opposing teams believe it’s true.. that’s permanent damage as they’ll never believe we’re not guilty even if they find in our favour over 115

With all due respect I could not give two f#$Ws what the majority of fans from opposing teams believe. I believe we've won the Prem 6 times in the past 8 seasons, done a treble, and won an unprecedented 4 in a row. Ask me my thoughts on ManUre, Liverpoop, Arseholes, Chelsea SSR, and Rottenham. I can't stand the sight of them. All they need to do for me to despise them is exist. I love that they hate us. It's a sure sign of our success.

 

[mexico1970]

Which is why rather than moan about how unfair all that is (which it is), we instead need to push for equal levels of investigation for other PL clubs. That's not moaning, thats wanting equal treatment.

A massive banner "Now investigate the rest", in full view on tv at every home game. That'll make them twitch a little.

I doubt they really give a fuck, this is all boardroom games by greedy bastards who will do anything to keep their cash cow alive.

It's best to burn the whole cunting thing down and start again IMHO, I couldn't care less if we don't have the premier league or the European twats anywhere near our club ever again.

 

[mattcity5]

I doubt they really give a fuck, this is all boardroom games by greedy bastards who will do anything to keep their cash cow alive.

It's best to burn the whole cunting thing down and start again IMHO, I couldn't care less if we don't have the premier league or the European twats anywhere near our club ever again.

Maybe not and it's a personal viewpoint I know, but there's nothing I'd love more than for certain other clubs to have an investigation similar to we've had to go through. That would probably result in them all shutting up a little!

 

[supercity88]

Which is why rather than moan about how unfair all that is (which it is), we instead need to push for equal levels of investigation for other PL clubs. That's not moaning, thats wanting equal treatment.

A massive banner "Now investigate the rest", in full view on tv at every home game. That'll make them twitch a little.

I would prefer a "Cheats do prosper" banner.

 

[mad4city]

Why do people keep saying this.
3 people definitely know and if you don't know who those 3 people are ,you have no right being on this thread.

Yep, Harris, Delaney and that Magic Hate guy.

 

[bobbyowenquiff]

For non cooperation not for breaking FFP. You are talking about the CAS case aren't you? It was UEFA that found us guilty which was overturned by CAS.

Found guilty is not strictly accurate. It has been reported in a dishhonest way. UEFA is not a criminal investigation service. The Investigation Chamber, which contained at least two people who were overtly hostile to City, one of whom leaked evidence to the media, ruled we had breached their internal rules. There was no suggestion of any law breaking. They issued a sanction but it was always subject to appeal.

 

[mexico1970]

Maybe not and it's a personal viewpoint I know, but there's nothing I'd love more than for certain other clubs to have an investigation similar to we've had to go through. That would probably result in them all shutting up a little!

If only that could happen but we do KNOW what will happen. If the decision comes back that the only thing we have been found guilty of is overcharging parking we'd still be counted/classed as and remarked as as cheats by the red top clubs and their sycophantic friends in the press and the touristy fan bases.

The only solution has to be...

 

[halfcenturyup]

and in auditing "audit sum amounts" at the end of an audit refer to a Summary of Uncorrected Misstatements (SUM), a record of all identified errors or omissions that have not been corrected. The audit team can assess whether uncorrected misstatements in total result in a material misstatement, even if individually they are not material.

We called it a Scoresheet when I was doing it, but that was more than 40 years ago.

I'll tell you one thing, if the PL are seriously going for filing mis-stated accounts that don't show a true and fair view they would need a serious "Scoresheet" / SUM in the order of the high tens of millions a year as it will be assessed annually, not cumulatively.

The only way they can do that is with Etihad and they have no chance, imho, on that one. So all good on the first tranche of allegations in my view.

 

[foggy1974]

Perhaps English isn't your first language (or you just haven't bothered reading anything) but that's not what they said.

Its what van face said

I don’t disagree with any of that.

But it’s not really related to what I posted - which was about PL reps still pushing the position that City didn’t have a leg to stand on.

Like I said - this could absolutely be based on a lack of closeness to the mechanics of the case, and indicative of the general corporate perspective on it all. Nothing more.

But it was interesting to me as, if there is an assumption that the results have either dropped already to the relevant parties - or are about to drop - there was no sense of conciliation or acceptance of City’s position in the comments.

 

[foggy1974]

He didn’t take their word on the likely outcome. He was very clear about that.

Where did I mention the outcome ?

 

[Thaksinssoldier]

Like everybody on here was when Chelsea were taken over?

Yeah his point doesn’t make sense. Most city fans were delighted to cheer Chelsea on as they took on the red cartel while we were in lower divisions.

It’s probably why we don’t have any real rivalry with Chelsea in spite of them popping us to the champs league and a title we didn’t really compete for.

 

[gordondaviesmoustache]

Where did I mention the outcome ?

The bit where you said “they are confident & City don't have a leg to stand on”, maybe?

Also, taking the word of someone as gospel absolutely suggests acceptance of everything they’ve said, which included their prediction of the outcome.

So you mentioned the outcome in two distinct, albeit overlapping ways in the same sentence.

That’s where.

 

[supercity88]

The CAS ruling is not a High Court judgement, it was a finding of fact based on the evidence heard at that hearing.

There is nothing in CAS decision that sets any sort of legal precedent. Their ruling is not binding or even persuasive to the PL tribunal who will be basing their decision on the (presumably much more substantial) body of evidence that was brought before them.

Regarding your first paragraph, I know that, I was responding to another post.

The CAS ruling is certainly persuasive. The PL have different rules but I would be stunned if the charges aren't founded on the same evidence UEFA had when they charged us.

City will certainly have submitted the CAS verdict as evidence and it provides significant weight to our arguments, because they've been accepted before. A different set of rules, but fundamentally the arguments on both sides are the same.