On Thursday, Premier League club owners met in London for their first meeting of the 2024/25 season. The clubs discussed several issues regarding the league’s rules. However, one issue that the owners dropped from the agenda became the most important story of this meeting. The clubs were set to vote on an amendment to the Premier League’s Associated Party Transaction (APT) rules resulting from a lawsuit from Man City.
APTs are commercial deals involving a club and companies they have close ties to. The amendment would’ve changed who has access to an internal database league regulators use to assess the “fair market value” of APTs. After feedback from multiple clubs, the proposed vote was canceled.
Manchester City sued the Premier League in June 2024 over the APT rules. Many people are now saying that this could be a sign that Man City has won their lawsuit against the Premier League about its APT rules. Or does it?
Have Man City Won Their Case Against the Premier League?
As compelling as the arguments are, the canceled vote could just as easily mean nothing.
Multiple Premier League clubs reportedly had feedback about the proposed APT amendment. The Premier League clubs could’ve assessed the feedback and determined that now was not the right time to propose the specific amendment they had planned to vote on.
Ultimately, no one knows why the owners decided against voting on the APT rule amendment. Anyone claiming a massive victory for Man City now could be right. People saying the canceled APT amendment means nothing are just as likely to be right though.
We should all wait until an official ruling is announced before jumping to conclusions about this case.
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Man City APT Lawsuit explained
Following Saudi Arabia’s takeover of Newcastle in 2021, Premier League clubs voted to ban APTs above…
Source link : https://worldsoccertalk.com/news/man-city-may-not-have-won-its-lawsuit-against-premier-league/
Author : Cody Aceveda
Publish date : 2024-09-27 19:19:43
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