PL charge City for alleged breaches of financial rules

Prestwich_Blue said:
And your evidence for that is what exactly?
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The charges have been published years ago. The supposed evidence and extent of how they got to them has not, but the charges themselves are kind of beyond debate at this point.
 
Coatigan said:
The charges have been published years ago. The supposed evidence and extent of how they got to them has not, but the charges themselves are kind of beyond debate at this point.
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Only in broad strokes though? Even the actual number of charges seem to be in dispute. Admittedly it's been that long that I might have forgotten a more indepth look at the actual charges.
 
Coatigan said:
The charges have been published years ago. The supposed evidence and extent of how they got to them has not, but the charges themselves are kind of beyond debate at this point.
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Well we know the basis for the charges, in terms of the rules and years they relate to, but we don't know the specifics. So we know we've been charged under rule x for specific years but not why (i.e. that we declared equity investment as sponsorship revenue, or that we hid player image rights payments and therefore under-declared expenses that otherwise would have led to us failing FFP).

I'll accept Stefan likely does know but outside a small circle close to the case, no one else does.
 
Prestwich_Blue said:
Well we know the basis for the charges, in terms of the rules and years they relate to, but we don't know the specifics. So we know we've been charged under rule x for specific years but not why (i.e. that we declared equity investment as sponsorship revenue, or that we hid player image rights payments and therefore under-declared expenses that otherwise would have led to us failing FFP).

I'll accept Stefan likely does know but outside a small circle close to the case, no one else does.
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You’re right but it is absolutely ridiculous. If the league publish the rules which it is alleged we broke they should also publish how they believe we have broken them. Can you imagine:
GOV: “The chancellor of the Exchequer has been charged with an offence under the Fraud Act 2006.”
Press: “What offence?”
Gov: “That’s confidential.”
 
Centurions said:
Only in broad strokes though? Even the actual number of charges seem to be in dispute. Admittedly it's been that long that I might have forgotten a more indepth look at the actual charges.
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Prestwich_Blue said:
Well we know the basis for the charges, in terms of the rules and years they relate to, but we don't know the specifics. So we know we've been charged under rule x for specific years but not why (i.e. that we declared equity investment as sponsorship revenue, or that we hid player image rights payments and therefore under-declared expenses that otherwise would have led to us failing FFP).

I'll accept Stefan likely does know but outside a small circle close to the case, no one else does.
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Sure, but the implication is pretty much the same, with either the broad strokes or the detail.
 
slbsn said:
It has been discussed before - here and elsewhere
forums.bluemoon-mcfc.co.uk

PL charge City for alleged breaches of financial rules

Presumably the document you refer to as being on file in the New York court is the Booz Allen presentation from 2010 which hit the public domain in May 2014 when leaked in the Australian Financial Review paper. Are you aware that during the Open Skies exchanges in 2015, Eitihad responded to...
forums.bluemoon-mcfc.co.uk forums.bluemoon-mcfc.co.uk
forums.bluemoon-mcfc.co.uk

PL charge City for alleged breaches of financial rules

Only thing I would disagree with is the Haaland contract. Why sign such a long contract and why did he sign it a couple of months prior to the decision. Surely he could have waited 2-3 months before signing a 10 year deal… Have you seen his new car all paid for by signing 2 .months early
forums.bluemoon-mcfc.co.uk forums.bluemoon-mcfc.co.uk

In short, it is probably some weak argument in the alternative and on the list of issues but not the predominant point largely because it feels bound to fail given the auditors must have looked at the issue closely given the historic allegations in 2014 and 2020. Furthermore neither Etihad and Etisalat are related to City in their respective accounts and everyone has different auditors. So either everyone is wrong and has been mislead or the PL fail. In bringing in APT they also admit they have no way of undermining the audited position anyway ie even if the PL disagree, they can't undermine it so needed new APT rules.
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The bumming Keith Moon got there probably still hurts.
 
slbsn said:
1. that is not the case
2. even if it was, do you think the PL and City would have let 100s of explainers go out without saying "off the record, you've fundamentally misunderstood the case." Both parties have briefed the numerous articles on the topic either actively or by not correcting them

PS City literally appointed Philip Marshall KC for his civil fraud expertise https://pmarshallkc.co.uk/
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Stefan when was he appointed please - right at the start or more recently ?
 
slbsn said:
There is a good chance that is there because if the PL's main case theory is proven, the consequence may also be that Etihad was a RPT all along. Although that would beg the question where that goes because if the truth turns out that the Etihad deal was only ever very small in reality, then the actual contract was actually BELOW market value.
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Quite. It would be a little like adding a charge of illegal parking to someone accused of ram raiding.
 
thomas1307 said:


surely this has got to be breaking some rules
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There used to be a thing which multinationals did to evade tax called "transfer pricing" where you sell cheaper to another company in a group or subsidiary etc so the profit could be made in a low tax country.

I said in 2010 or so they clubs could do it in a different way, and City did with Mooy, bought for about £2m by Melbourne then came to City (no fee) and loaned before being sold for about £10m, and that was all of the MCFC profit that year.
 
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