Terraloon Posted May 11 Share Posted May 11 (edited) On 09/05/2024 at 15:42, Beth said: I'd love to see what would happen if City got off lightly. Even if they were guilty of most of the charges imo they'd only get a points deduction, maybe 15-20 pts, enough to stop them winning the league but not enough to prevent them qualifying for the CL. There is provision , before “ charges” are passed to an IC for the PL & an individual or club to agree to what in effect is a settlement that said I am far from sure that the league or come to that an IC are empowered to agree to one in the manner being floated at this stage. The clear route in the PL rules is that the legue step aside once an IC has been set up and the case is decided on the evidence independently of course the process will involve things like discovery. Ironically and perhaps blind hope I actually wonder if we , Chelsea, are going to be dealt with by way of a settlement . It’s the only explanation I can think of as to why no charges have been passed to an IC. Back to City as I have said before I am far from convinced that the higher impact charges involving disguised equity will be proven, that is unless the PL have a smoking gun, but the charges around payments to ex managers and players alongside failing to co operate are far easier to prove. Edited May 11 by Terraloon Link to post Share on other sites More sharing options...
The Prophet Posted May 12 Share Posted May 12 Link to post Share on other sites More sharing options...
Guest Posted May 12 Share Posted May 12 Have to respect the bullshitness of it all Link to post Share on other sites More sharing options...
Wolfcastle Posted May 12 Share Posted May 12 Much better than the old fashioned way all this is mind. Link to post Share on other sites More sharing options...
Guest Posted May 12 Share Posted May 12 (edited) Fine line between “smart” accounting and asset stripping that seems to have been crossed. Wild if allowed by the PL Edited May 12 by Jack27 Link to post Share on other sites More sharing options...
gbandit Posted May 12 Share Posted May 12 If it were to be allowed then it’s the biggest fuck you imaginable to football and financial governance. If it is allowed then I’d be at the point of either “burn the whole thing to the ground” or “just do whatever the fuck we want as the game’s completely gone” Link to post Share on other sites More sharing options...
midds Posted May 12 Share Posted May 12 At this point you can't fail to be impressed by how much they're taking the piss at this point. Like, they've assessed their own financial situation, looked at the horseshit rules that they're bound to follow and just thought 'fuck it, let's just sell parts of ourselves to ourselves' knowing the rules are so fucking stupid and backward that I'm actually impressed. They know fine well the PL won't hold them to account or want a legal challenge so they'll probably get away with it too. Fair play to them, it makes a mockery of the rules but it also shames the people who threw the rules together in the first place. The more ridiculous it looks the better Link to post Share on other sites More sharing options...
NE27 Posted May 12 Share Posted May 12 (edited) And in other news, nufc sell darsley park to sabic to 100 million.... Edited May 12 by NE27 Link to post Share on other sites More sharing options...
McDog Posted May 12 Share Posted May 12 9 minutes ago, NE27 said: And in other news, nufc sell darsley park to sabic to 100 million.... In all seriousness I assume two can play that game, right? Link to post Share on other sites More sharing options...
huss9 Posted May 12 Share Posted May 12 fuck it lets do the same. why dont we sell the training ground to the reubens? Link to post Share on other sites More sharing options...
duo Posted May 12 Share Posted May 12 37 minutes ago, midds said: At this point you can't fail to be impressed by how much they're taking the piss at this point. Like, they've assessed their own financial situation, looked at the horseshit rules that they're bound to follow and just thought 'fuck it, let's just sell parts of ourselves to ourselves' knowing the rules are so fucking stupid and backward that I'm actually impressed. They know fine well the PL won't hold them to account or want a legal challenge so they'll probably get away with it too. Fair play to them, it makes a mockery of the rules but it also shames the people who threw the rules together in the first place. The more ridiculous it looks the better They're basically shittng on every other team in the league though....other than City of course. The game is just broken. Link to post Share on other sites More sharing options...
madras Posted May 12 Share Posted May 12 1 hour ago, gbandit said: If it were to be allowed then it’s the biggest fuck you imaginable to football and financial governance. If it is allowed then I’d be at the point of either “burn the whole thing to the ground” or “just do whatever the fuck we want as the game’s completely gone” But after their sale to themselves of the Hotel you'd think there'd be a meeting and they'd stamp out that sort of thing. If only the Premier league had a history for doing that sort of thing, you know, thinking something may become an issue and quickly having a meeting to pass rules to stop it. Link to post Share on other sites More sharing options...
Mikky Posted May 13 Share Posted May 13 Effectively by doing all this Chelsea have cheated their way to Europe should they get there. Link to post Share on other sites More sharing options...
JonBez comesock Posted May 13 Share Posted May 13 Could we buy beamish and sell it to PIF , pound by pound ? Link to post Share on other sites More sharing options...
midds Posted May 13 Share Posted May 13 8 hours ago, duo said: They're basically shittng on every other team in the league though....other than City of course. The game is just broken. Very true. I look at it from the perspective that they've been allowed to get away with it because of the idiocy of the situation the PL has created. If they just allowed rich owners who 100% can afford to spend to do so then they wouldn't have to find ridiculous workarounds like this to comply. It's an absurd solution to an absurd problem. The more ridiculous it looks the better. The more people are outraged the better. The more scrutiny of the rules shit like this creates the better Link to post Share on other sites More sharing options...
Pixelphish Posted May 13 Share Posted May 13 Nice of cfc to maintain their villain arc from the Roman era. Respect the hustle. Link to post Share on other sites More sharing options...
Abacus Posted May 13 Share Posted May 13 (edited) It would be pretty farcical if this was allowed. Well done in that case for sustainability by encouraging clubs to sell their own assets (i.e. the ones they are actually permitted to spend money on like training facilities) to another group company to make a short term profit for playing staff. And what would be the fair market value of that specialist asset? Edited May 13 by Abacus Link to post Share on other sites More sharing options...
GeordieDazzler Posted May 13 Share Posted May 13 Everyone always going on about Cities charges but Chelsea’s always seemed much more serious but we never hear anything about them? City’s are they have financially doped revenue to raise their own limits where as Chelsea actually hid transactions so they wouldn’t show as breaching. City will probably be able to argue in circles about how FMV etc are defined whereas Chelsea seemingly don’t have a leg to stand on. Link to post Share on other sites More sharing options...
Fezzle Posted May 13 Share Posted May 13 Just now, GeordieDazzler said: Everyone always going on about Cities charges but Chelsea’s always seemed much more serious but we never hear anything about them? City’s are they have financially doped revenue to raise their own limits where as Chelsea actually hid transactions so they wouldn’t show as breaching. City will probably be able to argue in circles about how FMV etc are defined whereas Chelsea seemingly don’t have a leg to stand on. City were paying staff off the books to hide them as well as inflating income werent they? Link to post Share on other sites More sharing options...
Steve Charlton Posted May 13 Share Posted May 13 (edited) I think this Chelsea stuff is kind of bait for us or any other teams handcuffed financially and not in the Yank cartel to try something similar Masters and his pals will have us demoted a division or two for doing it Edited May 13 by Steve Charlton Link to post Share on other sites More sharing options...
Paully Posted May 13 Share Posted May 13 Chelsea have repeatedly took the piss - joke! Link to post Share on other sites More sharing options...
The Prophet Posted May 13 Share Posted May 13 I think of any of this was approved by the PL, there would be a significant kick back. They're on thin ice. Link to post Share on other sites More sharing options...
Keegans Export Posted May 13 Share Posted May 13 The Fair Market Value thing I can understand with a hotel, obviously is an ongoing source of income etc. that has value as an asset to a person or company other than CFC. But the training ground? How is that worth £100m+ to anyone other than the football club itself? Link to post Share on other sites More sharing options...
r0cafella Posted May 13 Share Posted May 13 It’s one of the many issues with FFP, these assets were accrued before FFP was a thing so they are basically zero cost. It’s like selling an academy player Link to post Share on other sites More sharing options...
Ghandis Flip-Flop Posted May 13 Share Posted May 13 27 minutes ago, Keegans Export said: The Fair Market Value thing I can understand with a hotel, obviously is an ongoing source of income etc. that has value as an asset to a person or company other than CFC. But the training ground? How is that worth £100m+ to anyone other than the football club itself? Is it the actual facilities, or the land they're situated on which gives them their £100M value? Link to post Share on other sites More sharing options...
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