UEFA FFP investigation - CAS decision to be announced Monday, 13th July 9.30am BST

[slbsn]

Aren't audited accounts in the public domain for companies like Etihad?

Yes for UK companies. Not for Etihad. And the working papers aren't public

 

[MillionMilesAway]

Indeed. Unless proved to be wrong, the AUDITED accounts must have primacy.

Does this then lead to the question "What else might Uefa have, as the Spiegel stuff doesn't look very strong?"

 

[Bodicoteblue]

Exactly, and it's not like we're being used as a conduit for money laundering for instance. Now that really would get a football club into deep water.

Interesting!
I wonder if you or any other contributor to this fine thread knows of any persistent and convicted money launderers who may be associating themselves with any high profile football clubs in England by, for example, having their company logos splashed all over club shirts and stadium.
Surely this kind of thing would not be allowed.
If it is , we should be told!

 

[nmc]

Audit evidence will have wanted to see the payments relating to that contract came into the company and the legal contract. Where Etihad get the cash from is not City's auditor's concern assuming the legal contract and obligation is clear. Remember, in any event consideration of each of the sponsor contracts was part of the settlement in 2014.

Could there be a scenario where the entry of sponsorship monies into City’s accounts looks fine, the exit of monies from Etihad accounts look fine but UEFA claim on the basis of a leaked emails that Etihad got the funds from our owner and assert our guilt... not for illegal accounting but for circumventing FFP ?

 

[slbsn]

Could there be a scenario where the entry of sponsorship monies into City’s accounts looks fine, the exit of monies from Etihad accounts look fine but UEFA claim on the basis of a leaked emails that Etihad got the funds from our owner and assert our guilt... not for illegal accounting but for circumventing FFP ?

I think that is pretty much their claim. But its nonsensical in law and accounting so surely has to fail.

 

[nmc]

I think that is pretty much their claim. But its nonsensical in law and accounting so surely has to fail.

How could it get this far?

 

[Jazzman]

How could it get this far?

Even if they loose at CAS damage has been done. If damage was their purpose they have already succeeded.

 

[GaudinoMotors]

Those who have voted "Other"
What have you in mind?

 

[JASR]

Those who have voted "Other"
What have you in mind?

10 year cup ban (FA, LC, CL), Demotion to Northern League, squad restriction to 16, only allowed players under 18 and over 36, transfer budget limited to £1 per annum .... that sort of thing

 

[OccupiedPalestineBlues]

Those who have voted "Other"
What have you in mind?

I voted 'other' and I have in mind that CAS is not a court of 'law' it's a court of arbitration so it's brief is limited to assessing whether the rules of the organisation have been followed. Despite the oft used terminology in this thread, they don't find guilt or innocence and they don't give a hoot if the organisations rules are contrary to European Law, because that's not what they do.
I think that CAS may find that the case against City is fairly brought under the competition rules and thus that City are likely to need to take this matter to the European Court of Justice.
This doesn't worry me because the punishment will be suspended while the case is heard and I truly believe that the whole FFP 'anti-competition shebang will collapse if tested under the law.

Just my take on it.