He’s already gone
He’s already gone
How?They’re taking money out the city!
How?
8xbetI guess National Bank of Abu Dhabi.
I don't see how this is taking money out? They have put in money to build houses.
On the cheap? Helping finance these houses is investing though.Probably getting prime real estate on the cheap and not investing in the City.
I don't see how this is taking money out? They have put in money to build houses.
Pay next to zero tax as well. There’s some report where it shows all their shell companies in Jersey and they paid like 4KI don't see how this is taking money out? They have put in money to build houses.
Isn't that normally how it happens with the council?I think the point is they were essentially "given" public land (which has value) and remaining the leaseholder and majority shareholder of the joint venture.
On the cheap? Helping finance these houses is investing though.
They normally put plots up for open auction then assess bids. Probably won’t surprise you they held a closed auction for these plots.Isn't that normally how it happens with the council?
Isn't that normally how it happens with the council?
Land is given free. They invest building materials and construction costs then own substantial wealth and influence over council. Offshore entity so not paying tax in the UK for public land gifted for free.I don't see how this is taking money out? They have put in money to build houses.
That's not what I replied to, but councils usually sell for lower than market values though. No idea how much under market value this is though.What, giving land away at a fraction of the price on unusually long leases and also giving up control to companies registered in tax havens?
Can you give a single example of this happening before? (If its normal youll be able to find hundreds of examples).
That's the point. There's no transparency. The fact it's registered in an offshore financial centre indicates that the opaque nature of the dealings is probably deliberate.That's not what I replied to, but councils usually sell for lower than market values though. No idea how much under market value this is though.
Yea things have to be fully transparent, needs to be law.That's the point. There's no transparency. The fact it's registered in an offshore financial centre indicates that the opaque nature of the dealings is probably deliberate.
Abu Dhabi have no actual interest in gentrifying Manchester or property development. It is merely about intertwining their tentacles into as many areas of the City as possible, so as to make removing them post 115 charges as difficult as possible without leaving egg on the face of as many public institutions as possible.
Think it was more they had an issue understanding the concept of time, a difficult thing to overcome.We need to give the benefit of the doubt to posters like Sakura.
They do not understand the FFP rules exist so clubs are on a level playing field.
If SJR poured a couple of billion into the squad ignoring FFP rules most of us would not be happy if we won the title that way.
Arsenal are the true title winners.
The real problem with the charges and whatever punishment the Premier league hands out to City, the owners are likely to get away with little or no punishment by the FA.
Wtf have I just read?Yeah this is starting to get sad now. City are now the most successful club in English football and the fans of the "traditional" successful teams are performing mental gymnastics to convince themselves this is not right.
Do you know why City are getting away with all this? Because they have not done anything illegal. They aren't corrupt, they didn't steal money from the game. They certainly didn't cheat in the game unfairly. Their "crime" is to throw in tonnes of their own money into the game. If you want to make it illegal for owners and investors to put in money in their businesses, you are crazy. This is the kind of behaviour goverments encourage for the good of the economy.
Next is the mental gymnastics in claiming City is cheating by not complying with FFP. This is blatant misunderstanding of what FFP is meant to do. FFP prevents clubs from overspending beyond their means to keep the league in good financial health. This makes it a moot point to charge City with it as we all know they are good for the cash they spend. They will never go bankrupt.
Why do you want to punish teams for having too much money to spend anyway? Can you really stop rich people from generating income if that is what you want to use to measure financial health? What's the difference between having the owner directly infuse the club with a billion dollars vs the owners giving their subsidiary businesses billions who then in turn use the money to sponsor the club? City's crime here is that they were too lazy to do the latter cleanly and just went for the former as a shortcut and did not get their books right for FFP requirements. Now they just want to buy some time to cook the books to show that money is indeed routed as sponsorships instead of undertable directly. While this is super shady, I don't think any judge is going to punish them for it as they aren't stealing money but instead giving it away.
Those who try to make FFP as if it is a means of ensuring financial equality are just utterly deluded. There are no financial equality laws in English football. Rich teams are allowed to spend more than poor teams. How is fair that big clubs with huge incomes are allowed to spend more than small clubs with lower revenues and crush them? Since this is allowed, how is it unfair that City just have the owners generate income for the club directly instead to compete?
If we want a truly fair league, we need to start integrating salary caps like in US sports. This is the only way for small clubs in smaller cities to have a chance to compete against the big boys. But no, no one here actually wants that. They are just unhappy about no longer being top dogs.
City shouldn't have signed up to the FFP rules of they were not going to follow them.Yeah this is starting to get sad now. City are now the most successful club in English football and the fans of the "traditional" successful teams are performing mental gymnastics to convince themselves this is not right.
Do you know why City are getting away with all this? Because they have not done anything illegal. They aren't corrupt, they didn't steal money from the game. They certainly didn't cheat in the game unfairly. Their "crime" is to throw in tonnes of their own money into the game. If you want to make it illegal for owners and investors to put in money in their businesses, you are crazy. This is the kind of behaviour goverments encourage for the good of the economy.
Next is the mental gymnastics in claiming City is cheating by not complying with FFP. This is blatant misunderstanding of what FFP is meant to do. FFP prevents clubs from overspending beyond their means to keep the league in good financial health. This makes it a moot point to charge City with it as we all know they are good for the cash they spend. They will never go bankrupt.
Why do you want to punish teams for having too much money to spend anyway? Can you really stop rich people from generating income if that is what you want to use to measure financial health? What's the difference between having the owner directly infuse the club with a billion dollars vs the owners giving their subsidiary businesses billions who then in turn use the money to sponsor the club? City's crime here is that they were too lazy to do the latter cleanly and just went for the former as a shortcut and did not get their books right for FFP requirements. Now they just want to buy some time to cook the books to show that money is indeed routed as sponsorships instead of undertable directly. While this is super shady, I don't think any judge is going to punish them for it as they aren't stealing money but instead giving it away.
Those who try to make FFP as if it is a means of ensuring financial equality are just utterly deluded. There are no financial equality laws in English football. Rich teams are allowed to spend more than poor teams. How is fair that big clubs with huge incomes are allowed to spend more than small clubs with lower revenues and crush them? Since this is allowed, how is it unfair that City just have the owners generate income for the club directly instead to compete?
If we want a truly fair league, we need to start integrating salary caps like in US sports. This is the only way for small clubs in smaller cities to have a chance to compete against the big boys. But no, no one here actually wants that. They are just unhappy about no longer being top dogs.
Who’s this wet wipe ?Yeah this is starting to get sad now. City are now the most successful club in English football and the fans of the "traditional" successful teams are performing mental gymnastics to convince themselves this is not right.
Do you know why City are getting away with all this? Because they have not done anything illegal. They aren't corrupt, they didn't steal money from the game. They certainly didn't cheat in the game unfairly. Their "crime" is to throw in tonnes of their own money into the game. If you want to make it illegal for owners and investors to put in money in their businesses, you are crazy. This is the kind of behaviour goverments encourage for the good of the economy.
Next is the mental gymnastics in claiming City is cheating by not complying with FFP. This is blatant misunderstanding of what FFP is meant to do. FFP prevents clubs from overspending beyond their means to keep the league in good financial health. This makes it a moot point to charge City with it as we all know they are good for the cash they spend. They will never go bankrupt.
Why do you want to punish teams for having too much money to spend anyway? Can you really stop rich people from generating income if that is what you want to use to measure financial health? What's the difference between having the owner directly infuse the club with a billion dollars vs the owners giving their subsidiary businesses billions who then in turn use the money to sponsor the club? City's crime here is that they were too lazy to do the latter cleanly and just went for the former as a shortcut and did not get their books right for FFP requirements. Now they just want to buy some time to cook the books to show that money is indeed routed as sponsorships instead of undertable directly. While this is super shady, I don't think any judge is going to punish them for it as they aren't stealing money but instead giving it away.
Those who try to make FFP as if it is a means of ensuring financial equality are just utterly deluded. There are no financial equality laws in English football. Rich teams are allowed to spend more than poor teams. How is fair that big clubs with huge incomes are allowed to spend more than small clubs with lower revenues and crush them? Since this is allowed, how is it unfair that City just have the owners generate income for the club directly instead to compete?
If we want a truly fair league, we need to start integrating salary caps like in US sports. This is the only way for small clubs in smaller cities to have a chance to compete against the big boys. But no, no one here actually wants that. They are just unhappy about no longer being top dogs.
Gee whiz, I dunno. How could consistent cheating over a decade of time lead to an accumulation of ill-gotten advantages over the competition?
The mind boggles
He could be a City fan?Wind up. No-one can be that dense.
No they don’t. There’s an expectation on them (and any local government entity) to get the best sales price/rental possibleThat's not what I replied to, but councils usually sell for lower than market values though. No idea how much under market value this is though.
Oh gosh, you are right. Phew, great you got here in time to put us right.Ah right OK.
But I have to ask, what has what happened almost 10 to 15 years ago got to do with what happens in 2024?
It's almost like Gnev blaming the glazers for a defeat on the pitch, don't you think? Nothing seems to add up about breaches years ago and the titles they are winning in today's games!
Yeah this is starting to get sad now. City are now the most successful club in English football and the fans of the "traditional" successful teams are performing mental gymnastics to convince themselves this is not right.
Do you know why City are getting away with all this? Because they have not done anything illegal. They aren't corrupt, they didn't steal money from the game. They certainly didn't cheat in the game unfairly. Their "crime" is to throw in tonnes of their own money into the game. If you want to make it illegal for owners and investors to put in money in their businesses, you are crazy. This is the kind of behaviour goverments encourage for the good of the economy.
Next is the mental gymnastics in claiming City is cheating by not complying with FFP. This is blatant misunderstanding of what FFP is meant to do. FFP prevents clubs from overspending beyond their means to keep the league in good financial health. This makes it a moot point to charge City with it as we all know they are good for the cash they spend. They will never go bankrupt.
Why do you want to punish teams for having too much money to spend anyway? Can you really stop rich people from generating income if that is what you want to use to measure financial health? What's the difference between having the owner directly infuse the club with a billion dollars vs the owners giving their subsidiary businesses billions who then in turn use the money to sponsor the club? City's crime here is that they were too lazy to do the latter cleanly and just went for the former as a shortcut and did not get their books right for FFP requirements. Now they just want to buy some time to cook the books to show that money is indeed routed as sponsorships instead of undertable directly. While this is super shady, I don't think any judge is going to punish them for it as they aren't stealing money but instead giving it away.
Those who try to make FFP as if it is a means of ensuring financial equality are just utterly deluded. There are no financial equality laws in English football. Rich teams are allowed to spend more than poor teams. How is fair that big clubs with huge incomes are allowed to spend more than small clubs with lower revenues and crush them? Since this is allowed, how is it unfair that City just have the owners generate income for the club directly instead to compete?
If we want a truly fair league, we need to start integrating salary caps like in US sports. This is the only way for small clubs in smaller cities to have a chance to compete against the big boys. But no, no one here actually wants that. They are just unhappy about no longer being top dogs.
Surely this isn’t a serious postAh right OK.
But I have to ask, what has what happened almost 10 to 15 years ago got to do with what happens in 2024?
It's almost like Gnev blaming the glazers for a defeat on the pitch, don't you think? Nothing seems to add up about breaches years ago and the titles they are winning in today's games!
I don't think it is serious either. The last charge is of 2018 and they probably only stopped there because that is what they were investigating at the time when they found all these issues. It doesn't mean they stopped cheating and are likely still continuing still thumbing their noses at regulations.Surely this isn’t a serious post
Oh no, he was seriousI don't think it is serious either.
I don't think it is serious either. The last charge is of 2018 and they probably only stopped there because that is what they were investigating at the time when they found all these issues. It doesn't mean they stopped cheating and are likely still continuing still thumbing their noses at regulations.
But more importantly, they built their foundations upon lies, so yes everything they have done since should be considered as profiting from cheating. Nothing they have achieved shouldn't be viewed as legitimate at this point.
Yes, I think they just stopped looking because the problem was already too massive to handle. If you notice how quiet the Man City transfers are, I think we can get an idea just from that there might be an issue. They never seem to be involved in a long transfer saga with clubs outwardly holding out for more.They haven't asked for records from 2019 onwards if I remember correctly, and I imagine if they were asked they would refuse and therefore have more recent charges too. The alleged shenanigans around Haaland's transfer are relatively new aren't they? My guess is they have never stopped and just became better at hiding what they were doing.
Yes, I think they just stopped looking because the problem was already too massive to handle. If you notice how quiet the Man City transfers are, I think we can get an idea just from that there might be an issue. There never seems to be involved in a long transfer saga with clubs outwardly holding out for more.
Haaland transfer was very cheap on record....no other club was interested? This is a guy who eas knocking in almost a goal a game over there at Dortmund.
Ridiculous, isn't it? And on the transfer end, it is at a time where we are getting quotes of 150 mil for established strikers...nobody else wanted Haaland to get him for 50 mil? Clubs are paying 65-75 mil for Mudryk, Havertz and Anthony. Herr you got a guy who his goal ratio is probably .9 per game and It is 50 odd mil. That's just not believable.Chelsea tried to sign Haaland twelve months before City. They agreed a fee with Dortmund but wouldn't meet the demands of the player and his dad and agent. The demands were something like £30 million to his dad, £40 million to the agent and a contract of £39 million a year for Haaland! yet we're expected to believe that now he's 'only' earning 15 to 16 million a year.!
Chelsea tried to sign Haaland twelve months before City. They agreed a fee with Dortmund but wouldn't meet the demands of the player and his dad and agent. The demands were something like £30 million to his dad, £40 million to the agent and a contract of £39 million a year for Haaland! yet we're expected to believe that now he's 'only' earning 15 to 16 million a year.!