Financial Fair Play investigation

[catcherintherye]

this is simply incredible


Underpay your taxes online? HMRC might not query them, but that doesn't mean for one moment that they’ve been accepted.

Now, there’s every chance we’re innocent, but your argument is sadly a fool’s argument.

I mean a company and an individual are completely different entities.

But yes, on my PAYE that I pay, if HMRC tried to pull me up on something from years ago, I would challenge it in court, as it is their responsibility to check it. I cant think of a single example, where years after the event someone has been charged over PAYE.

It's also worth noting, that the government, a legal body, is wholly different to the PL, so the comparison doesnt work.

It is like a private auditor, you give them the information, and they allow to keep practicing. If they have an issue, it is their job to highlight that at the time. If they dont, your version of events has been accepted.

The idea that all clubs are in perpetual purgatory, whereby the league will not challenge their findings, but also dont agree them is completely unworkable. How could any business plan with forward projections if they dont know if their figures have been accepted?

 

[Damo_1878]

which is the really bad one, DEFCON 1 or DEFCON 5?

Asking for a mate

Defcon 5

 

[catcherintherye]

Put yourself in the shoes of a Burnley fan though. If it’s shown we broke the P&S rules, they will understandably claim that we gained a sporting advantage.

in their opinion it’s probably a very different punishment that is suitable.

But it doesnt matter what a Burnley fan thinks. We have allegedly broken the rules, by amending a negative 35m. I dont see how that is cheating.

If I was a Burnley fan, and being objective, I would want the rules to be enforced consistently, and if there was a problem, for the regulator to highlight it in a timely manner. As they havent, that moment has now passed.

I'd be pretty ashamed to be trying to use courts to overturn the meritocracy of what has happened on the pitch.

 

[Villa_Fan]

If Villa got liquidated don’t even think anyone would really notice. Be a bit like ‘there’s something missing but not sure who or what it is.’

You can always rely on a football forum to bring out the really well thought through intellectual contributions to a debate

 

[Mr Popodopolous]

But theres a gap between charging, and not accepting.

If you feel they need to be investigated, that can and should be done quickly. Resolving that investigation can take time (as it has with City) and may never lead to a charge.

If you have not highlighted accounts in 1+ years, those accounts are de facto accepted. Clubs will work to those figures being accepted, and plan accordingly.

This with respect isn't always true. Sheffield Wednesday but especially Derby used very similar arguments.

 

[Blue peter]

defcon 1 is the worst

You need twin keys to activate when it goes tits up and nuclear (at least that’s what he movies tell me)…..FM has one and BK the other

 

[Villa_Fan]

But theres a gap between charging, and not accepting.

If you feel they need to be investigated, that can and should be done quickly. Resolving that investigation can take time (as it has with City) and may never lead to a charge.

If you have not highlighted accounts in 1+ years, those accounts are de facto accepted. Clubs will work to those figures being accepted, and plan accordingly.

I agree there should be a defacto time but I do not know what that period is. There is merit for that period to have a prolonged time period. For example, if a business deliberately submitted fraudulent accounts and if it didn't come to light until after 12 months the club should not have a 'get out of jail free' card just because 12 months have elapsed.

 

[Dixieslaces]

Defcon 5

It's DEFCON 1, worst case scenario.

 

[Damo_1878]

It's DEFCON 1, worst case scenario.

I was joking.

As apparently that's what Baxendale reckons we are on

 

[davek]

We will not get a points deduction this year. The PL are up to their necks in all of this and the legal challenges and ramifications would take years even if proven. The PL are covering their backs but many other clubs, Chelsea anyone, will not be happy for this to go forward either…..

Well I obviously hope you're right mate. I dont think legal challenges can be made to any ruling though. An appeal to the commission is all that would be available.

 

[Goat]

Well I obviously hope you're right mate. I dont think legal challenges can be made to any ruling though. An appeal to the commission is all that would be available.

We can appeal.

This isnt China.

 

[Damo_1878]

We can appeal.

This isnt China.

True

We just can't appeal to CAS. There is a defined appeals process

 

[catcherintherye]

I agree there should be a defacto time but I do not know what that period is. There is merit for that period to have a prolonged time period. For example, if a business deliberately submitted fraudulent accounts and if it didn't come to light until after 12 months the club should not have a 'get out of jail free' card just because 12 months have elapsed.

No I accept that there are exceptions, and maybe they are an exception.

But standard practice would be for a regulator to highlight problem quite quickly, and barring an exceptional circumstance then those accounts have been accepted.

Like it makes no sense to me, to only submit the 2021/22 accounts, if the earlier ones havent been accepted.

 

[catcherintherye]

We can appeal.

This isnt China.

Do we get to appeal to an impartial court then? I.E not a panel of the prosecution?

It sounds a bit like China otherwise.

 

[catcherintherye]

True

We just can't appeal to CAS. There is a defined appeals process

So we cant appeal to a impartial legal court? Very unusual that.