The Club is well within its rights to challenge regulations it sees unfair. That is the purpose of the legal system.
Creating a narrative that the club wants to operate in a sphere of its own without accountability, is laughable, but letβs be honest, nothing less than expected.
The Media Propaganda will make you believe Manchester City are challenging the Fair Market Value requirement of sponsorship deals, ie: They want to sign deals for whatever value they desire.
The media does not expect ignorant bitter rival fans to question this narrative.
Since the club have no control over how the PL subjectively evaluates its commercial deals, the Club had no other option but to challenge the introduction of APT rules, which clearly contradicts financial reporting standards as well as other established laws.
Alex Philips (Former Head of Governance & Compliance, UEFA):
"The concept (FFP) was meant to insure that people couldn't come in and simply buy success"
But I was told it was meant to avoid another Leeds..
@martynziegler@TimesSport What a lazy journalist!
If you are so passionate about it, why dont you at least count the charges properly, because they are 130 not 115.
But you well know that they are 4 major charges worded differently in the rulebook, but it doesnt give you the dramatic effect you crave.
@BowdenJoniebee It is easy to claim those things in a regulatory environment (PL in this case), but I am really struggling to see much coming out of this in a Legal environment.
Manchester City vs The PL: Overview
Amid all the sensationalism surrounding the number of PL rules Manchester City are being accused of breaching, it is amazing that no one bothered to actually report an accurate count from the PL statement.
The correct number is 130
A Thread
@morrison516 Etihad is the issue affecting the income part of the accounts, while points 2 and 3 are affecting the expenses part of the accounts, hence altogether affecting the general accounts.
As stated earlier, it is 4-5 alleged breaches all related and repeated all over the place.
@samjoiner@jburnmurdoch Of course, let us ignore the fact that wages are heavily dependent on success due to winning bonuses and league merit rewards.
I mean why bother with common sense at all.
In relation to a recent interview by Pep Guardiola βname checkingβ 9 clubs for its role in the past and ongoing affairs, it is worth mentioning that those
were not unfounded allegations, he was just quoting facts stated in the CAS ruling.