The Fighting Cock is a forum for fans of Tottenham Hotspur Football Club. Here you can discuss Spurs latest matches, our squad, tactics and any transfer news surrounding the club. Registration gives you access to all our forums (including 'Off Topic' discussion) and removes most of the adverts (you can remove them all via an account upgrade). You're here now, you might as well...
Yeah, but the PL doesn't have a time bar for their investigations on the other hand unlike UEFA. Which is why the PL's investigation seems more scary for City.
Won’t be blatant interferenceI thought Government interference in Football brought a ban from FIFA
If the govt sacked the head of the fa and put their own guy in. Governments get involved all the time, banning franchising for exampleI thought Government interference in Football brought a ban from FIFA
I think the government will quietly intervene in the background to influence the PL. Arabs will have leverage to force the gov to act (whichever party is in power).
City are happy with the current way of things. Despite their thick fans' cries of "cartel", they are the current cartel. They have voted for every financial restriction in recent years and for good reason; they are terrified of the oblivion that is coming. I don't think people realise the extent they inflated their initial revenues. Like really, the number of companies they set up and the second rate asset management companies they hired to circulate funds. These are people who don't care about rules or ethics. In their lives they are above that.The government want control over football to stop overspending, bankruptcy, loss of jobs, loss of taxes - that's completely at odds with the way City seek to act.....so something has to give
City are happy with the current way of things. Despite their thick fans' cries of "cartel", they are the current cartel. They have voted for every financial restriction in recent years and for good reason; they are terrified of the oblivion that is coming. I don't think people realise the extent they inflated their initial revenues. Like really, the number of companies they set up and the second rate asset management companies they hired to circulate funds. These are people who don't care about rules or ethics. In their lives they are above that.
Because that's how accounting works.If you have £80M in the bank, why on earth would you be recording £40M losses per year over the next 3 year period?
Ok. I can understand that from an accounting point of view, but why would you actually do that and put yourself in the hole with PSR? Surely, instead of banking that money, you'd spend it so that you don't fall foul?Because that's how accounting works.
Profits and losses are based off revenues v expenses for the current year.
Retained earnings in theory are the collective profits accumulated over all previous years.
Yes you would and the argument could be made that by limiting measurement to 3 years and not taking into account retained profits that PSR actually encourages reckless and unnecessary spending rather than strategic saving.Ok. I can understand that from an accounting point of view, but why would you actually do that and put yourself in the hole with PSR? Surely, instead of banking that money, you'd spend it so that you don't fall foul?
It's one thing to report losses for the tax breaks, but if you end up with fines and possible points deduction, you'd use your banked monies to offset losses surely?
City basically lawyer up in response to any attempt to stop them cheating.Hmmm call me cynical but could this be anyway linked to the 115 charges? They're swinging their dicks around showing the PL that this is how they are going to behave going forward. The 19 other PL clubs need to be behind the PL on this 100%.
We should be handed the League Cup that occured just after Jose was sacked.City need to be sent down to below the conference, stripped of their titles, and made to repay every penny of prize money.
Obviously they will just get a slap on the wrist. If the rest of the prem gave a shit they should just refuse to play against them.