So we've given false accounts to the league then? That's what you're basically saying. You can't "mislead" financials that have been audited.
Yet we haven't. It's been a case of we say it was £9mill over, they say £19.5mill, and argued over what was conjecturous to be allowed for P&S.
You're adamant that we've lied and are duly deserving of a 10 point deduction (something the commission refused to agree on how it was calculated).
We haven't lied. We took the piss within the framework with factors and elements they didn't agree were part of P&S (war in Ukraine, stadium funding, players being sacked for eg) which ended up being a difference of selling 1 fringe player.
And yes. A points deduction is what they've come to. No one is arguing that and we take that.
The argument is the level.
You are confusing two different things. The accounts are a legal requirement and are audited. It is not false accounting because the accounts we have supplied to companies house will almost certainly be accurate.
We clearly did lie. We stated that the stadium loans were interest-bearing when they were not. We stated we intended to sell Keane when we clearly didn't. We stated that the deductions meant we were well inside P&S limits and then finally admitted they were not.
It was only when Moshiri was bang to rights that we changed tack and tried to look for mitigating factors. The fact that we misled the Premier League and carried on spending were clearly aggravating factors and led to a harsher punishment. What seems to be missed here is that the Premier League is a private company owned by its member clubs. Part of that is to treat the fellow stakeholders with utmost good faith.
If you fail to adhere to that pre-requisite then any punishment is bound to be harsher. What made it worse was the club shouting from the rooftops that it had done nothing wrong whilst then admitting at pre-trial that it was guilty.