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

[slbsn]

Do CAS have the authority to look at Etihad's accounts?

No. But they can see City's contract with Etihad. And could ask to see the bank statements that showed the inflows related to it.

 

[hihosilva]

No. But they can see City's contract with Etihad. And could ask to see the bank statements that showed the inflows related to it.

But surely only Citys bank account. This money was supposedly paid directly from Mansour.

 

[slbsn]

But surely only Citys bank account. This money was supposedly paid directly from Mansour.

Yes City's bank statements. The Auditors would have reviewed them to and would have need to get comfortable on similar issues.

 

[Exeter Blue I am here]

I don’t understand why adug would need to channel money through etihad.
Etihad airlines, is as far as I know, a state owned enterprise and is therefore open to receiving state subsidies, if needed, to meet their business and contractual obligations, so if they fell short of money to meet their deal with City, then the government of Abu Dhabi ( which as we all know does not own us) can legitimately supply those funds, no matter how much the US airlines squeal and cry foul.

Indeed, that’s what makes the email asking for clarification as to the best route for ADUG to channel money into the club (ie via Etihad), seem so daft

 

[feedthegoat]

But surely only Citys bank account. This money was supposedly paid directly from Mansour.

The money will have been paid in full by Etihad, where the source of the funds originally came from is not something that would be in our accounts.
It seems likely money was paid to Etihad to subsidise a large part of that contract.
Does that break FFP? in spirit i would say yes it does but will a court find it breaks the FFP rules is a bit of a grey area.

 

[FrankSwift1]

Reading these posts I can't help feeling that it's very difficult for UEFA to prove their case. But then I keep thinking maybe its confirmation bias.

So if we can produce documentation showing the flow of money into our accounts and this matches the Etihad contract that was deemed fair value. How can UEFA prove* in the balance of probabilities that the money came from our owners? (even if it did)

*Do UEFA have to prove the case in balance of probability or do we?

 

[Exeter Blue I am here]

I can imagine it now:
'Hi is that Etihad, its UEFA here could we kindly have a audit of your accounts'?
'Hi UEFA, get fucked, regards Etihad'.

All well and good, but we are trying to discredit those emails, and if our owners haven’t been channeling money into the club via Etihad, then what better way to prove it....

 

[John Wayne]

Yes City's bank statements. The Auditors would have reviewed them to and would have need to get comfortable on similar issues.

Isn't all of this irrelevant given that action was brought against City a) over matters previously settled, and b) after UEFA's own statute of limitations had been reached?

 

[Gazza]

So on Thursday let's have a "clap for UEFA day" - you know you can trust them to protect the beautiful game.

If you're referring to the STD then I'm all for it.

 

[Phil1]

Reading these posts I can't help feeling that it's very difficult for UEFA to prove their case. But then I keep thinking maybe its confirmation bias.

So if we can produce documentation showing the flow of money into our accounts and this matches the Etihad contract that was deemed fair value. How can UEFA prove* in the balance of probabilities that the money came from our owners? (even if it did)

*Do UEFA have to prove the case in balance of probability or do we?

Reading these posts I’m still none the wiser about what the fucks going on as I was a couple of years ago! Haha!
I tend to take in what some of our more knowledgeable members on here post but even they seem to contradict each other so my stance now is to not think about it and just hope that the club have been honest with us and we’re exonerated in full.
Tbh, if found guilty and it comes out that my faith in the top brass has been severely misplaced then I doubt I’d be able to muster up the effort to get behind them again, regardless of all the good they have done.
As it stands they have my full support until a time comes when that support becomes unjustifiable.
I really hope that’s not a decision I ever have to make.