Premier League still facing legal threat to financial rules despite Man City deal Sport Business The Premier League is still facing another legal challenge to its financial regulations despite settling a long-running dispute with Manchester City over associated party transactions this week. Legal action remains pending from the Professional Footballers’ Association over the Premier League’s plans to introduce new squad cost ratio (SCR) rules next season, which would limit clubs [...]
Manchester City and Premier League settle legal row ahead of trial Sport Business Manchester City and the Premier League have agreed a settlement that brings to an end their long-running dispute over associated party transaction (APT) rules. The dispute was set to go to trial as part of an arbitration process next month, following a legal challenge to revised APT rules launched by the club in January. As [...]
Manchester City v Premier League legal hearing set for October Sport Business Manchester City’s latest legal challenge to Premier League rules on associated party transactions is expected to go to trial in October. The reigning champions launched proceedings in January against a new version of the rules, having succeeded with a claim against the legality of the old regulations last year. Other Premier League clubs received details [...]
Premier League rule amendment vote to go ahead on Friday November 19, 2024 The Premier League will defy Manchester City and Aston Villa by going ahead with a vote on contentious associated party transaction (APT) rules on Friday. The rules – aimed at preventing sister companies from propping up clubs through inflated deals – are set to be changed after a challenge brought by City resulted in aspects [...]
Premier League clubs to discuss rule changes after City legal challenge October 22, 2024 Premier League clubs will meet today to discuss changes to the top flight’s financial rules in the wake of a legal challenge by Manchester City. Clubs will consider how to include shareholder loans within the league’s associated party transaction (APT) rules, after an arbitration panel said the rules breached competition law because they excluded such [...]
How Manchester City made shareholder loans the Premier League’s new battleground October 11, 2024 Amid the claims and counter-claims that spewed forth after Manchester City’s legal challenge to the Premier League’s associated party transaction rules, one fact was undeniable: shareholder loans have now joined APT, PSR and FFP in the lexicon of football fans. City’s lawyers argued that if their sponsorship deals with Abu Dhabi entities such as Etihad [...]
Manchester City say Premier League rule is now void. Lawyers disagree October 8, 2024 Lawyers have shot down claims by Manchester City that the Premier League’s associated party transaction (APT) rules should be considered “void” following the club’s partially successful legal challenge. In a letter to the other 19 top-flight clubs, Manchester City general counsel Simon Cliff said APT rules – designed to prevent clubs benefiting from artificially inflated [...]
Manchester City defeat Premier League over financial rules October 7, 2024 The Premier League has suffered another blow to its regulatory powers after Manchester City partially won a challenge to rules on associated party transactions (APT). An independent arbitration panel agreed with the current champions that some elements of the APT rules did not comply with competition and public law requirements, and that clubs should be [...]