bobbyowenquiff
Well-Known Member
This article makes no reference at all to the fact we have already been punished for failing the break even test over this time period. Our accounts were presumably signed off by auditors at the time and accepted by UEFA and the PL. What evidence does The Athletic have that we "falsified our accounts." That evidence is not in any of the Der Spiegel emails.Link to the article is here:
https://theathletic.com/1823289/2020/05/20/man-city-cas-manchester-ffp-hearing-champions-league/
I think there is a 90 day free trial at the moment.
The Premier League ban section as follows:
"A Premier League points deduction is a possibility.
The Premier League has been investigating City, but it appears to be waiting for UEFA and CAS’s decisions before announcing their stance. The Premier League has its own FFP regulations, although they allow for far greater losses than UEFA does — an English top-flight club would have to make losses of more than £105 million before any punishment, which could include a points deduction.
This area is tricky as City have been found guilty by the CFCB of overstating their revenue — it is not clear whether, or by how much, City would have breached UEFA’s FFP “break-even requirement”, meaning that clubs cannot spend more than they earn. If it is established at CAS that City would have made big losses, it would be easier for the Premier League to act.
However, one hitherto overlooked element of this whole case is section J7 of the Premier League handbook, which covers “UEFA Club Licence Applicants”:
“Any club making a false statement (whether made verbally or in writing) in or in connection with an application for a UEFA Club Licence or falsifying a document produced in support of or in connection with such an application shall be in breach of these rules and shall be liable to be dealt with in accordance with the provisions of Section W of these rules.”
The article is by Sam Lee and Matt Slater which means it is written by Matt Slater who is the real snake here. I've said before I like lots of Sam's mainstream City articles but he doesn't know what he is talking about with regards FFP and he is incapable writing that article by himself.
So the Athletic is effectively accusing City and our Auditors of committing a criminal offence. I hope they have good lawyers.