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General Premier League Thread 2022-23 - mod note in OP 12/03/23

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Comments

  • Registered Users, Registered Users 2 Posts: 16,869 ✭✭✭✭Fitz*


    Is there any risk of any other bodies coming after Man City?

    They were falsifying accounts, would that have any affect on tax payable etc? Maybe player salaries too, but you'd expect that they would have had the players covered there with some offshore accounts or the likes.



  • Registered Users, Registered Users 2 Posts: 32,308 ✭✭✭✭breezy1985


    It's very similar. That Juve team had just won 9 Scudetto in a row a few years before. Bought Ronaldo when it was clear they should not have been able to afford him.



  • Registered Users, Registered Users 2 Posts: 14,042 ✭✭✭✭ArmaniJeanss


    I doubt it means 'falsifying accounts' in the legal sense. If this was the case it would be Plod, not the EPL who would be investigating.

    As for tax - presumably HMRC doesn't care if Robinho is given £1M to open a supermarket via a non-football company rather than through the club accounts, as long as the tax is paid.



  • Registered Users, Registered Users 2 Posts: 2,959 ✭✭✭Tippex


    The thing to remember is that is has been over a prolonged period of time.

    I can see the book being thrown at city.

    The product of the premier league is far too valuable for it to have this hanging over it. No matter what anyone says City are not the draw they would like to be. The fact that the PL is basically owned by the 20 clubs competing you have to think the other 19 clubs are looking at this and saying we need to have our ducks lined up in a row and get them out for the integrity of the competition.

    If they don't they run the risk of handing momentum to the Super league and the big clubs (I would hate to see it) could well jump ship thus killing the product.

    IMO - City will get a penalty for each of the seasons that there was an infringement. (This can only mean stripping of titles etc). Could the stripping of titles also open the door for cases from the other clubs on loss of income? (I would think yes if they end up being docked points)

    I think they will likely get relegated in the season the decision is handed down (or a massive points deduction which will effectively relegate them).

    I think there could also be a transfer ban put in place.

    The relegation and transfer ban will effectively be the punishment for them willfully obstructing the process.



  • Registered Users, Registered Users 2 Posts: 2,095 ✭✭✭Deise Vu


    It was HMRC that closed down Rangers. They were taking a liberal view of image rights if I remember right. If it turns out City had a second income stream for players, HMRC won’t automatically assume taxes are paid correctly. For a start, residence and domicile and double tax agreements are very tricky taxation issues. One player opening a corner shop in Abu Dhabi for a 1m could be tax free technically for one player and not for another. HMRC are also liable to to take a jaundiced view of a City player getting paid millions for seeming mundane tasks abroad. If they take the view it is really for the day job ( not exactly a major stretch), City and the player are in trouble.

    I think the rumpus is going to seriously affect City players. I wouldn’t be happy if there were investigations into how my employers were funding my wages. Look what happened to Messi and Ronaldo in Spain.



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  • Registered Users, Registered Users 2 Posts: 14,042 ✭✭✭✭ArmaniJeanss


    Interesting stuff, cheers.

    I'd be somewhat surprised if there was a tax issue. Rangers was different in that by the end it was clearly a seat-of-their-pants Delboy Trotter operation which needed to sail as close to the tax rules as it could, and eventually went the wrong side of them. That was the only way it could compete.

    Whereas money was genuinely no object when it came to City. City had a different issue in that they were 'only' trying to hide money (oodles of it) from the football authorities which clearly isn't a criminal matter. They had no need to fiddle the taxman, and it'd quite silly if they did. No evidence yet to suggest that police/HMRC have any interest in this investigation?



  • Registered Users, Registered Users 2 Posts: 8,255 ✭✭✭eigrod


    And another issue is that UK and US owners have to take great care in their business dealings due to potential reputational, financial and tax damage in their own Countries or else their entire portfolio might come tumbling down. The Saudis and Russians have had no such worries as they are, or are closely related to, the (undemocratic) Government in their own respective Countries.



  • Registered Users, Registered Users 2 Posts: 5,091 ✭✭✭EltonJohn69



    Man city’s fans arguments seem to consist of whataboutery… though I have heard a few more sensible ones admit relegation is a very real possibility.



  • Registered Users, Registered Users 2 Posts: 19,166 ✭✭✭✭nullzero
    °°°°°


    An interesting angle on this would be with the likes of Mancini's "consultant" role in Abu Dhabi for doing nothing whilst being employed in the UK as Manchester City manager, was tax paid in the UK on that money?

    If those kind of contracts existed for other Manchester City staff and tax wasn't being paid on it there may well be grounds for an investigation.



  • Moderators, Social & Fun Moderators, Paid Member Posts: 4,710 Mod ✭✭✭✭TherapyBoy


    Probably not a good idea to tar all Manchester City fans with the same brush..


    …that said, the guy who phoned into that show is a moron & didn’t understand what the problem was at all.



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  • Registered Users, Registered Users 2 Posts: 7,674 ✭✭✭doc_17


    It’s clear that with more American owners coming into the PL, and being from a country where sports teams are regulated in terms of salary caps, City and Newcastle are outliers now. Everyone knows they are only side projects for despicable regimes who are trying to put a better light on themselves and who don’t have the same values as other owners - making money from the clubs they own.



  • Registered Users, Registered Users 2 Posts: 3,865 ✭✭✭Pauliedragon


    One thing that sticks in my mind is if this hacker from Portugal didn't start all this by uncovering the documents and sending them to Der Spiegel we wouldn't be here now it seems it would be business as usual. Why is that? Are the Pl and UEFA that toothless that they couldn't figure this stuff out on there own checks. If not these FFP rules are a waste of time. It reminds of Delaney. It took an anynomous letter sent to a journalist to finally uncover the nonsense that we all knew anyway. The media shouldn't be doing these guys jobs. If they can't implement the rules by themselves the rules are meaningless.



  • Registered Users, Registered Users 2 Posts: 19,188 ✭✭✭✭rob316


    Rui Pinto, apparently he is going to co operate with the PL investigation. I'm also thinking is there a whistleblower. The league has brought serious charges against one of their own, I can't imagine it's done lightly.



  • Registered Users, Registered Users 2 Posts: 19,188 ✭✭✭✭rob316


    To be fair we are discussing it on here but your average football fan has no idea of financial rules and finances in football.



  • Registered Users, Registered Users 2 Posts: 7,472 ✭✭✭theoneeyedman


    He was fairly castigated and his reputation targeted at the time too IIRC. Regardless of the methods he used or if the info was leaked to him, he did some service to the game of football, unfortunately the authorities haven't shown the same testicular fortitude in their dealings with City.



  • Registered Users, Registered Users 2 Posts: 7,674 ✭✭✭doc_17


    The major things that City are alleged to have engaged in are fairly simple to understand.

    The interesting one will be the length of time it will take. Pep will be long gone I’d say and it will deprive him of his chance to walk away if it was discovered they were cheating!

    Post edited by doc_17 on


  • Registered Users, Registered Users 2 Posts: 9,882 ✭✭✭TheCitizen


    There was someone on here the other day saying the owners of Chelsea are heavily linked to Saudi Arabia. All that money they’re spending has to be coming from some bottomless pit somewhere. This Man City story has taken the spotlight over what exactly is going on at Chelsea who are spending more right now than the rest of football combined.



  • Registered Users, Registered Users 2, Paid Member Posts: 35,109 ✭✭✭✭~Rebel~


    They’re not really… Clearlake are a wealth management fund managing loads of people’s money - amongst them is a portion of the Saudi wealth fund, but it’s less than 5% of Clearlake’s portfolio. Clearlake/Chelsea are doing what they’re doing because they (rightly or wrongly) see some opportunity for return in the medium to long term.

    in the grand scheme of things, this is perhaps smaller for them than we realise - Clearlake manage over 70 billion dollars worth of assets.

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  • Registered Users, Registered Users 2 Posts: 9,882 ✭✭✭TheCitizen


    It’s not a small thing for the game of football that one club spent more in recent transfer windows than all the rest of football combined. Not sure why you appear to be attempting to minimise that.



  • Registered Users, Registered Users 2 Posts: 3,791 ✭✭✭McFly85


    Chelsea’s spending is ridiculous, but at the end of the day for them it’s a gamble, and one they used a loophole to do, which has since been closed. It might backfire on them and they certainly won’t be able to keep spending that way every year.

    City falsifying their financials to spend is much worse, as they end up spending ridiculous amounts year after year, distorting the market with artificially high player valuations and salaries.



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  • Registered Users, Registered Users 2 Posts: 5,108 ✭✭✭jacool


    I am not suggesting that Man City are nervous about how this thing goes, but they have just hired Lord Pannick as their lawyer!



  • Registered Users, Registered Users 2 Posts: 9,882 ✭✭✭TheCitizen


    I think what Chelsea are at needs to be investigated and monitored constantly over the next few years. We don’t know the half of it with the small details and clauses involved in all those deals. I don’t believe for a second that it’s simply a medium to long term gamble and that everything out with that is above board.



  • Registered Users, Registered Users 2 Posts: 9,882 ✭✭✭TheCitizen




  • Registered Users, Registered Users 2 Posts: 32,308 ✭✭✭✭breezy1985


    Surely with the money going around everyone needs to be monitored constantly.

    So far though I don't see Chelsea getting inflated sponsorship deals from the owners family or from companies that are clearly made up.

    Whataboutery isn't gonna change what is happening at City.



  • Registered Users, Registered Users 2 Posts: 9,882 ✭✭✭TheCitizen


    No it doesn’t. Doesn’t prevent us from scrutinising what Chelsea are up to either.



  • Registered Users, Registered Users 2 Posts: 19,188 ✭✭✭✭rob316


    You'll have to see if Chelsea keep spending, if this is a big splurge to cover the next few years its probably within the financial parameters. They have a big squad too so I would imagine there will be alot of outgoings in the summer.



  • Registered Users, Registered Users 2 Posts: 9,882 ✭✭✭TheCitizen


    I imagine that in all probability that they won’t be operating within the financial parameters. I’d be viewing what they do with suspicion.



  • Registered Users, Registered Users 2 Posts: 7,674 ✭✭✭doc_17


    And it will be. Chelsea will file their accounts and the PL and UEFA will look at it. They did the same with City and found serious evidence of guilt. Let’s not forget City were already found guilty by UEFA but got off on a technicality as the offences were time bound.

    City should be stripped of all titles won if found guilty as they won them by cheating.



  • Registered Users, Registered Users 2 Posts: 36,919 ✭✭✭✭SlickRic


    That is all most of them have.

    They either throw out the race card, or ask why other clubs aren't being investigated. It's utterly ludicrous.

    "Lads, every other club is investigated if they don't supply the basic documentation necessary to prove how much money you make, where you make it from, and what you pay your staff."

    It has fúck all to do with Qatar. It has fúck all to do with who the owners are. And it has everything to do with not being transparent.

    But they know this. They just want to deflect so that they can manifest an 'us against the world' mentality.



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  • Registered Users, Registered Users 2 Posts: 5,091 ✭✭✭EltonJohn69


    A7B1AAB6-B020-4B56-A890-C6F0DE4B9A61.jpeg

    Their ex captain is at as well.


    I do wonder if City will be forced to add a asterisk to their Aguero statue…..



This discussion has been closed.
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