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Thread: Sala Money Question

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  1. #1

    Re: Sala Money Question

    Quote Originally Posted by blue lewj View Post
    I notice that the recent court cases in relation to the Sala incident have been cited as one of the reasons that City are in such financial constraints at the moment.

    Did I not read that in the season of Sala's death or at least the one immediately after that the money was put aside by the club?

    If so how is this still as issue if in effect we have already taken the hit and anything from here on is a bonus in that respect? Legal fees aside obviously.
    I think it was accounted for on paper, but that is very different to actually handing over the cash

  2. #2

    Re: Sala Money Question

    Quote Originally Posted by Rjk View Post
    I think it was accounted for on paper, but that is very different to actually handing over the cash
    https://www.ifrs.org/issued-standard...%20that%20time.

    Contingent liability.

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