Facts are what pedantic, dull people have instead of opinions.
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Bob, my understanding on this is it isn't the headline transfer fees he's got the issue with, but the extras- mainly agents fees.
Remember his rant when Malky said he needed 3 more players in Jan about having gone way over budget due to 'extra costs', well it's my guess, that it was this he was on about.
Wasn't this in motion some time ago- it's just got to court now?
You mean Tan, not Mackay, was talking about these extra costs? I can remember Tan's response to Mackay's talk about new players in January - I'd say it was the thing that set in motion Mackay's dismissal and I wouldn't be surprised if that was when the investigations started. I still can't these costs amounting to £10 million though and I can't help thinking that Tan, Lim and the City Board are going to be made pretty stupid and naive if Mackay and Moody do get convicted, because it seems ridiculous that two transfers which were reported to have cost the club £11 million, actually cost them £21 million - I'm with Bobby Dandruff on this.
Paul
The issue in the case appears to be two transfers where the club made substantial payments to football agents and now claim that they have evidence that said agents did no work on those deals. If true, then the club is either looking to pursue the agents for billing the club for work not done or is asking for evidence of where the money went if the agents say they weren't the recipients of the money.
I believe the amounts involved are £600k in the case of the Stephen Caulker signing and £300k in the case of the Peter Odemwingie signing.Neither player was subsequently sold at a loss, so I am unclear where a claim quoted in the media at £10m comes from.
It's just a claim from the media and we all know how they get these things mixed up.
However, I wouldn't be surprised if this was just stage 1. I wouldnt be surprised if the Cornelius transfer didn't come into it at some point in the future, a few others too- and maybe not just during Malkys time.
As I said before, nothing proven as yet.
Rest assured, nothing awfully untoward can have occurred - not with the hugely experienced CEO Simon Lim keeping a sage eye on all such matters.