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Manchester City’s 115 charges and legal action - Premier League statement p9

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  • fenaddick
    fenaddick Posts: 23,525
    If anyone isn't bored of hearing about it, this podcast is brilliant. Speaks to one of the Der Speigel journalists who broke the story and a (seemingly reputable) lawyer about the potential ramifications

    https://www.youtube.com/watch?v=0nYgcHCSSFI
  • Lincsaddick
    Lincsaddick Posts: 32,950
    The story of Manchester City and 115 charges .. well worth a look from the BBC
  • fenaddick
    fenaddick Posts: 23,525
    So City found out about the verdict in the summer and then went on to spend loads of money

    https://www.espn.co.uk/football/story/_/id/50057978/man-city-learned-guilty-verdicts-summer-transfer-splurge-sources
  • redman
    redman Posts: 5,522
    fenaddick said:
    If anyone isn't bored of hearing about it, this podcast is brilliant. Speaks to one of the Der Speigel journalists who broke the story and a (seemingly reputable) lawyer about the potential ramifications

    https://www.youtube.com/watch?v=0nYgcHCSSFI
    Thanks for putting that up. The legal ramifications are very interesting for so.e of us 
  • bolloxbolder
    bolloxbolder Posts: 8,466
    fenaddick said:
    So City found out about the verdict in the summer and then went on to spend loads of money

    https://www.espn.co.uk/football/story/_/id/50057978/man-city-learned-guilty-verdicts-summer-transfer-splurge-sources
    @Chris_from_Sidcup
  • SELR_addicks
    SELR_addicks Posts: 16,421
    'All clubs spend money this is just a witchhunt'. 

    The purpose of these schemes was found to have been to artificially inflate the club’s revenues, and reduce its costs, by more than £900 million during the affected period, to appear to comply with financial rules. 

    £900 million pounds. 
  • MarcusH26
    MarcusH26 Posts: 11,175
    https://www.premierleague.com/en/news/4727779/premier-league-statement-manchester-city-fc

    This PL statement is absolutely incredible. I genuinely wouldn't be shocked at relegation now it's been found to be £900m they overinflated the revenues by 
  • I’ve said at the time of the Chelsea saga, that the fine should match the amount of the cheating, so a £900 million fine with a relegation. It’s the only way that clubs will stop attempting to break the rules.
  • Rothko
    Rothko Posts: 19,571
    It’s the downstream effect of that £900m, it’s the effect on other clubs spending trying to compete, how much did that cost other clubs. 
  • cabbles
    cabbles Posts: 15,915
    MarcusH26 said:
    https://www.premierleague.com/en/news/4727779/premier-league-statement-manchester-city-fc

    This PL statement is absolutely incredible. I genuinely wouldn't be shocked at relegation now it's been found to be £900m they overinflated the revenues by 
    Surely their owners should be punished as well.  They’re meant to be the Royal Family of the UAE for ffs.  It implies they’re a bunch of dodgy scammers on par with Tahoon Nimer 

    This is football’s equivalent of Bernie Madoff 

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  • MarcusH26
    MarcusH26 Posts: 11,175
    cabbles said:
    MarcusH26 said:
    https://www.premierleague.com/en/news/4727779/premier-league-statement-manchester-city-fc

    This PL statement is absolutely incredible. I genuinely wouldn't be shocked at relegation now it's been found to be £900m they overinflated the revenues by 
    Surely their owners should be punished as well.  They’re meant to be the Royal Family of the UAE for ffs.  It implies they’re a bunch of dodgy scammers on par with Tahoon Nimer 

    This is football’s equivalent of Bernie Madoff 
    Think the owners need to go too and all senior execs that worked for them during this period need to be investigated. 

    Make sure they don't sell it to someone they know and can have as effectively a puppet owner whilst Sheikh Mansour ultimately controls it in the background. 
  • JohnBoyUK
    JohnBoyUK Posts: 9,558
    Rothko said:
    It’s the downstream effect of that £900m, it’s the effect on other clubs spending trying to compete, how much did that cost other clubs. 

    Exactly.  I mentioned earlier that Spurs just missed out on the CL on a number of occasions in the period being investigated.  Thats a hell of a lot of money we missed out on.

    Compensation claims from Clubs that missed out on titles/trophies/european places/relegated in those seasons & individual player claims against them will finish them off as a football club and they will fold.

    Thats without taking into account any football sanctions.

    They are proverbially down the creek without a paddle.  Oh well...
  • WHAddick
    WHAddick Posts: 1,403
    Wow. Premier league sound incredibly angry. Surely Liam is wrong, again! 
  • cabbles
    cabbles Posts: 15,915
    I’ve never really minded City as a club, and even with the investment it at least brought another challenger into the top end of the Prem.  But after today’s verdict, throw the book at them.  I wonder how much pressure the owners will start to put on the UK government.  I wouldn’t be surprised if their tentacles are wrapped around lots of trade, investments etc.  

    Agree with @MarcusH26, hope the EPL tell the owners they can’t come anywhere near English football ever again, cheating scum 
  • I can’t imagine that anything less than enough points to guarantee relegation will be the outcome. It is off the scale compared to anything that has happened before. My initial thought was that taking away trophies would make me feel uncomfortable. However it does have a logic when compared to drug doping cases in athletics, cycling and other sports. We’ve seen British athletes stand on podiums to get higher level medals than they won on the track several years previously. The logic is that City (through financial doping) strengthened their team and squad to make both stronger and without such strengthening they were less likely to have won each trophy - no doubt they would still have won some of them. It still sits uneasily with the culture of football, but it has a logic. 
  • Addick_and_Chips
    Addick_and_Chips Posts: 596
    edited September 29
    900 Million!

    Forget the book, they need the bookcase thrown at them. 
  • Rothko
    Rothko Posts: 19,571
    Be interesting for the new Football Regulators, as they can force a sale of the club
  • fenaddick
    fenaddick Posts: 23,525
    Rothko said:
    Be interesting for the new Football Regulators, as they can force a sale of the club
    Big test for them. Was easy when it was Chansiri who kind of wanted out anyway. Much harder when they’ll face a legal challenge from people with such deep pockets 
  • bobmunro
    bobmunro Posts: 22,138
    900 Million!

    Forget the book, they need the bookcase thrown at them. 

    This one?

     

  • LargeAddick
    LargeAddick Posts: 34,668
    JohnBoyUK said:
    Rothko said:
    It’s the downstream effect of that £900m, it’s the effect on other clubs spending trying to compete, how much did that cost other clubs. 

    Exactly.  I mentioned earlier that Spurs just missed out on the CL on a number of occasions in the period being investigated.  Thats a hell of a lot of money we missed out on.

    Compensation claims from Clubs that missed out on titles/trophies/european places/relegated in those seasons & individual player claims against them will finish them off as a football club and they will fold.

    Thats without taking into account any football sanctions.

    They are proverbially down the creek without a paddle.  Oh well...
    I don’t see how compensation claims would work because even if City had spent less or other teams had spent more it’s no guarantee that a team like, for example, Spurs would have had more successful seasons.

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  • SELR_addicks
    SELR_addicks Posts: 16,421
    Potential loss of earnings is usually enough though for a case no? 
  • golfaddick
    golfaddick Posts: 36,906
    City didn't employ that famous football lawyer Farnell by any chance ? 😄
  • bobmunro
    bobmunro Posts: 22,138
    City didn't employ that famous football Ex-lawyer Farnell by any chance ? 😄
    Fixed that for you, Golfie :)

  • EugenesAxe
    EugenesAxe Posts: 5,583
    Any word From Liam the spunkbubble?
  • fenaddick
    fenaddick Posts: 23,525
    edited September 29
    JohnBoyUK said:
    Rothko said:
    It’s the downstream effect of that £900m, it’s the effect on other clubs spending trying to compete, how much did that cost other clubs. 

    Exactly.  I mentioned earlier that Spurs just missed out on the CL on a number of occasions in the period being investigated.  Thats a hell of a lot of money we missed out on.

    Compensation claims from Clubs that missed out on titles/trophies/european places/relegated in those seasons & individual player claims against them will finish them off as a football club and they will fold.

    Thats without taking into account any football sanctions.

    They are proverbially down the creek without a paddle.  Oh well...
    I don’t see how compensation claims would work because even if City had spent less or other teams had spent more it’s no guarantee that a team like, for example, Spurs would have had more successful seasons.
    Essentially you can quantify the chances of something happening, it’s explained in the Sports Agents video I posted earlier. 

    The precedent was set by the Burnley/Everton lawsuit 
  • bobmunro
    bobmunro Posts: 22,138
    edited September 29
    If they are not cattled for years and years as a result of this then, to paraphrase the Bard, something is rotten in the State of the EPL.
  • Don’t worry all, I’m sure these £900 million cheats are fit and proper persons. 

    Surely they have to enforce a sale (as well as other fines/points deductions). 
  • Miserableoldgit
    Miserableoldgit Posts: 22,140
    edited September 29
    fenaddick said:
    JohnBoyUK said:
    Rothko said:
    It’s the downstream effect of that £900m, it’s the effect on other clubs spending trying to compete, how much did that cost other clubs. 

    Exactly.  I mentioned earlier that Spurs just missed out on the CL on a number of occasions in the period being investigated.  Thats a hell of a lot of money we missed out on.

    Compensation claims from Clubs that missed out on titles/trophies/european places/relegated in those seasons & individual player claims against them will finish them off as a football club and they will fold.

    Thats without taking into account any football sanctions.

    They are proverbially down the creek without a paddle.  Oh well...
    I don’t see how compensation claims would work because even if City had spent less or other teams had spent more it’s no guarantee that a team like, for example, Spurs would have had more successful seasons.
    Essentially you can quantify the chances of something happening, it’s explained in the Sports Agents video I posted earlier. 

    The precedent was set by the Burnley/Everton lawsuit 
    Watching The Sports Agents video Mr Snowball (Lawyer) says (@24 minutes) that The Burnley/Everton lawsuit is still going, there's a pending appeal.
    As Mark Chapman says, "of course there is".
  • Sheepie1985
    Sheepie1985 Posts: 650
    edited September 29
    Stan Collymore has been absolutely perfect on what he's said on Twitter: 

    "City fans, genuinely feel for you, we all support clubs through good and bad, and maybe hold our nose at times when something seems too good to be true. Being genuine here, no bs, no clucking, no delight. Could be any supporter today. Needed to say that.

    But this now is the biggest football scandal in British football history nothing comes close.

    Expulsion from the Prem and EFL a bare minimum, several billion in fines, Abu Dhabi struck off global football ownership, selling all clubs, an independent commission into all Premier League clubs financial conduct, and where applicable, criminal fraud charges.

    English football has been relatively lucky with financial or general cheating Scandals over 150 years ( there have been minor things) but this makes this season's Premier League ( are the practices alleged still happening? How many managers and players today are paid off books in contravention of HMRC and English law?) null and void until sanctions are implemented.

    The motion that one club can fulfill fixtures while serious and potentially criminal allegations are pointed at the directors box would make it a circus and grossly unfair on every other club.

    We all need to take a harder look at just letting anyone in to own our club on the promise of trophies and memories. Our forebears supported clubs simply for enjoyment and competition, not to end up like this. A mess."
  • WHAddick
    WHAddick Posts: 1,403
    bobmunro said:
    City didn't employ that famous football Ex-lawyer Farnell by any chance ? 😄
    Fixed that for you, Golfie :)

    On five live right now as sports lawyer chris Farnell!! Must need the fee..