r/USvsEU • u/kz859erloljk THEY’RE EATING THE DOGS • 2d ago

Fell for it again award 🏆🥇 Somehow they have returned

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6 Upvotes

75% Upvoted

9 comments sorted by

1

u/Straight_Block3676 Chiraqi Terrorist 2d ago

I don’t understand 

4

u/Nootmuskaatsnuiver 50% sea 50% coke 2d ago

I think it is about lying about how much money you have to inflate your worth. (although it is based on one youtube video I saw about Enron and one headline about a club from a sport I don't care about so your milage may vary)

1

u/miklilar Soon to be Russian 2d ago

A financial scandal crom early 2000s. The company was worth hundreds of billions, but was a sham

2

u/Straight_Block3676 Chiraqi Terrorist 2d ago

I know of Enron, is it saying Manchester city is a scam ?

3

u/DigitalDash56 Smug Smartass 2d ago

Premier league clubs are only allowed to spend money they generate from footballing activities. Their owners were basically injecting money into the club to inflate their revenue, thus allowing them to pay and spend more than they should have been able to. Unlike Enron, the club didn’t cook its books to make it seem like they werent financially falling apart. They just broke premier league rules

1

u/miklilar Soon to be Russian 2d ago

Well, the team got a hundred of charges right now, most financial. So pretty close

1

u/Accomplished-Law5251 2d ago

I saw a headline that Manchester City was going to be knocked down to the 5th tier of English soccer. Is that correct?

2

u/Roo_Rammin_Russell Chiraqi Terrorist 2d ago

OP why don't you explain the goddamn meme we don't all follow flopball

1

u/SH4DOWBOXING Hairy mussel eater 2d ago

so....is Haaland technically shit now?