#BarcaGate / the Negreira case will probably end up as the biggest scandal football ever seen when everything is said and done. How and when it starts to have affect on the present is not clear, but the first step could be a ban of Barca from the CL.(1/10) elmundo.es/deportes/futbo…
What is undisputed is that Barca over more than 15 years have paid almost €7,000,000 under the table to the VP of reffing body of La Liga. When the payments stopped, the official in question — Negreira — blackmailed Barca to keep paying him, or he threatened to come clean.(2/10)
Surprising? Well on one hand Negreira have a long history of being involved in scandals, accused of embezzling funds from organization and being involved in rigged matches. On the other hand, it’s proven that presidents of Barca have embezzled funds from the club to bribe (3/10)
journalists and social media profiles to impact the election of presidents of the club, and been involved in many many other scandals such as illegal organ trades (!), tax fraud and what not. So no, regardless of how outrageous it sounds, it should not be surprising. (4/10)
Even despite being accused of multiple crimes (!), Barca’s president Laport is regularly seen sitting next to the chief of the Catalan police at Barca’s home games. And perhaps coincidently, perhaps not, Spanish law time bars the most serious breaches of the sport laws (5/10)
after just 36 months. So on the home field — it’s hard to speculate on what will happen, while the outrage from rival clubs of course is unprecedented. But UEFA does not time bar corruption and bribes of refs, meaning that the organization has every opportunity to lay down (6/10)
…the law on Barca. Will it happen? This scandal is too big to sweep under the carpet. But — it is important to not forget the enormous importance of what is at stake here. On one hand, you surely genuinely risk the integrity of the game of football. On the other, FCB is a(7/10)
…club in a very pressured situation financially that totally is in the hands of its creditors. The only “reasonable” action to take is to do what Italy did with Juventus, strip them of titles and toss them out of the top league. FCB could point fingers at those who really (8/10)
…deserve the blame, it’s presidents and other officials. But could Barca survive that financially? To evaluate that, a thorough review of its financial state and financing agreements must be conducted — which of course is impossible for someone on the outside to do. (9/10)
But from afar, it seems very hard. And if Barca goes down for real, that is a tremendous blow to Spanish — and — European football. So not only is the scandal itself so sinister and rotten that it’s almost impossible to understand — the effects of it could be just as monumental.
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(1/22) A big topic lately is if #MUFC need an owner with ‘super wealth’, like Qatar, or if the club could get back to the top if owned (indirectly) by one of the wealthiest individuals in the UK, Sir Jim Ratcliffe. The answer is given in this 🧵.
(2/22) But wait a minute, some will say, we do not know what a SJR ownership will pertain. Some details about his bid are known, but it is true that others aren’t. However, looking at what we know and the context, filling in the blanks shouldn’t be impossible at this point.
(3/22) So we will start at looking at how much MUFC can spend today, we will then look at how much we could spend if we are bought by SJR, and lastly we will contextualize that by comparing it with our rivals.
Agree with Neville here, and it’s time to recognize how much the roles in ETHs system differs from many other teams. I like DR, but facts are that he has not played one game in his career for a team that plays up from the back, which is the most important aspect of ETH ball.(1/5)
I have a little hard time to understand why #MUFC so often is linked to players, who never have played the style of football ETH employs. Of all the available football players out there, why target someone who has no experience in a crucial aspect of how we play? (2/5)
And it is just not Declan Rice. We are linked to players like Bella-Kotschap in Southampton (who I really like too). We are linked to direct wingers who do not stay wide. We already have Rashford and Garnacho on the left, it’s essential for ETHs system that we at least have(3/5)
(1/22) In this 🧵we cover why it perhaps is premature to rule out Elon Musk buying #MUFC, and especially look at a couple of aspects that have yet to be covered, that greatly increase the odds of this takeover taking place.
(2/22) The report of Musk’s interest to by MUFC has not really been taken seriously. Reactions has varied from total disbelief to at best speculations on how nothing can be ruled out when it comes to Elon Musk. There are however many scenarios – other than it...
(3/22)..being an ‘act of madness’ – that could explain his interest in the club. In this thread, we will look closer at three of them. First of all, it is important to remember that Elon Must has a long history of cooperating with Saudi Arabia.
(1/5) I wouldn’t take poison on it, but PSG letting Messi and Neymar walk in the summer makes all the sense in the world given their FFP situation, and I would bet that it has been in their plans a long time. PSG have had FFP issues in the past and handled it the same way.
(2/5) So what is their strategy? This will get talked about more and more. If you go over FFP by a wide margin, UEFA will require that you agree to an action plan to get back in compliance with the rules. As long as you comply with the action plan — you will not face stiff …
(3/5)..sanctions. In fact, the more you breach the rules the first time after having complied with them, the more you can spend over a 5-6 year period. PSG breached the rules with 300m last year. When Messi and Neymar walks, they will be a long way along the road to complying…
(1/4) So @FA_PGMOL is getting a ton of heat for drawing a VAR line or two wrong, but the fact that it’s a racist organization resulted in 1-2 articles a year ago and then nothing? “Football's black referees still being shut out of the game due to racism” mirror.co.uk/sport/football…
(2/4) Howard Webb has called for a crisis meeting with @FA_PGMOL due to the VAR human errors. When news spread of FA_PGMOL officials telling black refs "You lot can all run fast, but that’s all you are good for” — they started to chalk refs of Irish decent as being of minority.
(3/4) 10% of the 24,000 refs in England are black, but none ever get promoted to the high paid jobs. This year a white women get a game in the Championship, but they still haven’t found — one — ref of non English decent that could do the job.
(1/17) While the dust is settling on the battleground after months of strategic discussions behind the scenes, we are entering the final week before first bids is to be submitted. In this 🧵, I provide my thoughts, as a Public M&A lawyer, on the lay of the land.
(2/17) The reports on Sir Jim Ratcliffe (Ineos) clearly indicate that he is prepared to make a bid and that he has secured financing (on a Certainty of Funds basis) for his (Ineos) bid. Ratcliffe and his team has vast M&A experience, and will put up a fight.
(3/17) Would Jim Ratcliffe be a good owner? What about Nice’s performance? What about debt? I am fairly certain that he would be a perfectly OK owner. “FFP” – does – limits the impact of the depth of the pockets of potential buyers.