[Finance] Man City accused of breaking EPL financial rules

[Triggaaar]

No, some PL clubs (Chelsea and MUFC) are on UEFA's watchlist, but no breaches as such.

I'm pretty sure Palace have broken FFP rules. In what way can it be considered fair that their fans have to pay to watch that shit?

 

[US Seagull]

Pep Guardiola now second favourite with the bookies(7/2) to be the next manager to leave, behind Nathan Jones.

If Pep walks away (as he said he would back in May if the club lied to him), then we'll know things are really bad.

 

[St Leonards Seagull]

Sums it up

Thanks very much, I’ve just spent the afternoon watching their videos, very good

 

[Kinky Gerbil]

As has been reported the other "Big" 6 are the ones pushing for this action, I take it they have complied 100% with all the FFP requirements as directed.

Spurs could spend 400 million before getting close to FFP.

 

[Weststander]

Spurs could spend 400 million before getting close to FFP.

We have @El Pres’s answer, Spurs have never been FFP cheats, nor have a few other big clubs.

All bankrolling players out of true income from unconnected parties.

Citeh, PSG, Everton couldn’t stand that, hence the cheating.

 

[The Optimist]

Realistically it will be a fine.

Has a club ever been outright relegated (not points deductions) due to financial irregularities in the history of English football? I can’t find anything on Google.

Portsmouth in 09/10 are the only ever PL team to have had a points deduction (9 points, for entering administration).

They are too big, too powerful. They will get a monetary fine IF found guilty of anything and that will be that.

Swindon Town.

 

[Kinky Gerbil]

We have @El Pres’s answer, Spurs have never been FFP cheats, nor have a few other big clubs.

All bankrolling players out of true income from unconnected parties.

Citeh, PSG, Everton couldn’t stand that, hence the cheating.

Which is why this is so important.

FFP goes, Spurs/Brighton among others look great for take over for unlimited spending sportwashing

 

[clapham_gull]

Blimey. Over 600 pages now.

It's actually 1200, but only 600 have been declared.

 

[Couldn't Be Hyypia]

I’ve established the timeline.

- Sept 08 ManC were taken over. No one was aware of the corruption in the ensuing years, that is had any factual evidence.
- 2016 The hacker Rui Pinto gave his files of evidence to DerSpiegel, which they spent sometime corroborating.
- Nov 18 Der Spiegel published the evidence.
- Mar 19 The EPL open their investigation.
- Mar 19 UEFA open their investigation.
- July 20 ManC ultimately win their appeal to CAS of a CL ban, partly because of UEFA’s time limitation rule. ManC were still proven guilty on several charges.
- July 21 The Court Of Appeal overturned a gagging order, revealing that the EPL had spent over two years trying to obtain documents, through the courts, from ManC. ManC had resisted every step of the way.

To me its seems the EPL have been efficient on a complex case. Football writers explain that Abu Dhabi deliberately use attrition to wear the football authorities down.

Great summary and far Beyer explained than my point which was "what the hell have Man City been doing since the closing date for the investigation (2018 I think). They could have done loads more dodgy shit that won't have been investigated yet. I wasn't questioning the FAs diligence.

 

[Uh_huh_him]

We have @El Pres’s answer, Spurs have never been FFP cheats, nor have a few other big clubs.

All bankrolling players out of true income from unconnected parties.

Citeh, PSG, Everton couldn’t stand that, hence the cheating.

I'm not sure whether your statement is true.
Spurs and others are not on UEFA's watch list.
That doesn't mean City are the only ones guilty of breaking the rules.

Without a thorough audit of each club, we aren't ever going to be 100% sure who has and who hasn't breached FFP.

City have been thoroughly audited because:
a) The Der Spiegel article
b) Being completely brazen with their sponsorship deals

City fans complaints are that others are doing it, but they are the only ones being investigated to this level.
It's whataboutery, but they may have a point.

 

[Tyrone Biggums]

City fans complaints are that others are doing it, but they are the only ones being investigated to this level.
It's whataboutery, but they may have a point.

Or it's more like other clubs are handing over all the required paperwork when asked.

 

[Uh_huh_him]

Or it's more like other clubs are handing over all the required paperwork when asked.

I'm not defending City.
I'm just not convinced that all clubs are as clean as was being implied.

There are plenty of examples of dodgy accounting around.
It's entirely possible that other clubs are doing a better job of hiding it.

The fact there is a "watch list" means some clubs are not being examined as thoroughly.

 

[El Presidente]

Think we’re going to be hearing from and seeing a lot of our resident DULLARD on our devices over the next few days/weeks!

I had 27 interviews in the first 24 hours since the story broke, even had a message from Romesh Ranganuthan saying I am the telly too much.

 

[Hugo Rune]

I had 27 interviews in the first 24 hours since the story broke, even had a message from Romesh Ranganuthan saying I am the telly too much.

I’d be surprised if you weren’t going to be teaming up with Ladbaby on their 2023 Christmas No.1 hit!

 

[Joey Jo Jo Jr. Shabadoo]

Swindon Town.

Technically Swindon were not relegated for their financial irregularities. They were denied promotion to the first division after winning the play offs in the 89-90 season. They were meant to be relegated to Division 3 but won an appeal and were able to remain in the second division for the 90-91 season.

 

[Kinky Gerbil]

I had 27 interviews in the first 24 hours since the story broke, even had a message from Romesh Ranganuthan saying I am the telly too much.

NSCs Rylan.

What do you think will happen?

 

[Kinky Gerbil]

I'm not sure whether your statement is true.
Spurs and others are not on UEFA's watch list.
That doesn't mean City are the only ones guilty of breaking the rules.

Without a thorough audit of each club, we aren't ever going to be 100% sure who has and who hasn't breached FFP.

City have been thoroughly audited because:
a) The Der Spiegel article
b) Being completely brazen with their sponsorship deals

City fans complaints are that others are doing it, but they are the only ones being investigated to this level.
It's whataboutery, but they may have a point.

Do other clubs go to court to stop documents being handed over to the PL?

I think most clubs financials seem pretty clear and open.

 

[Tyrone Biggums]

I'm not defending City.
I'm just not convinced that all clubs are as clean as was being implied.

There are plenty of examples of dodgy accounting around.
It's entirely possible that other clubs are doing a better job of hiding it.

The fact there is a "watch list" means some clubs are not being examined as thoroughly.

Could be a super rich person arrogance too.

When you have that much money you do probably think you're almost untouchable by any law that your lawyers can challenge.

The richer you are, the less worried you are about anything.

The watch list might mean some clubs are treading a very thin line along the FFP line, they may not have crossed it... yet.

 

[Triggaaar]

I'm not defending City.
I'm just not convinced that all clubs are as clean as was being implied.

There are plenty of examples of dodgy accounting around.
It's entirely possible that other clubs are doing a better job of hiding it.

The fact there is a "watch list" means some clubs are not being examined as thoroughly.

Did they say it's taken something like 4 years to get to this point? So a year ago, City were being looked at for breaking FFP, but it wasn't announced until now. That could be the case with others being looked at too, but not yet revealed.

But on the face of it, you wouldn't expect Spurs to be breaking rules as they don't spend much money, rather they end up selling good players to the likes of City. If you look at who's spent the most over the last couple of decades, I'd guess Man U have spent a fair amount, with Chelsea going large when Abramovich took over, and then City doing likewise following their takeover. City and Chelsea didn't have big income streams prior to their takeovers, whereas Man U have had the largest income for decades, suggesting they're more likely to have stayed within the rules.

Is there anyone who thought City weren't breaking the rules?

 

[Uh_huh_him]

Could be a super rich person arrogance too.

When you have that much money you do probably think you're almost untouchable by any law that your lawyers can challenge.

The richer you are, the less worried you are about anything.

The watch list might mean some clubs are treading a very thin line along the FFP line, they may not have crossed it... yet.

Sure.
I suspect the main bone of contention is more with the European giants, who invented financial doping, in the first place.
Clearly not relevant in the current situation.

Seemingly United and Chelsea have been pushing the regulations to the limit.
The point I was failing to make, is until there is a regulator in place, there won't be any guarantee clubs are being held to a code of financial conduct.