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In recent years, Manchester City Football Club has found itself at the centre of various legal disputes, notably concerning financial regulations. While the club currently faces charges related to breaches of Premier League financial rules, it has also mounted a legal challenge against the Premier League’s Associated Party Transaction (APT) rules, which govern commercial deals. This challenge, initiated in early 2023, centered on the club’s claims that the APT rules were anti-competitive and unfairly applied.
The verdict was published earlier this week, and there have been various interpretations on who has “won”.
On one hand, the club has declared the outcome of the tribunal a victory, asserting that the rules were found to be unlawful. On the other, the league has also framed the decision as a win, stating that only a “small number of discrete elements” of the rules were found to be non-compliant with competition and public law.
The APT rules and Manchester City’s legal challenge
The Associated Party Transaction rules were introduced by the Premier League to regulate commercial transactions between clubs and companies closely linked to their owners, such as sponsorship deals or loans. These rules were intended to ensure that clubs do not inflate the value of such transactions to circumvent financial fair play (FFP) regulations. Essentially, the rules attempt to guarantee that any commercial agreements between a club and its associated parties reflect fair market value, preventing artificially boosted revenues from such deals.
Manchester City launched its legal challenge against these rules on the grounds that they were anti-competitive. The club argued that the APT rules unfairly restricted its ability to negotiate sponsorship deals and loans with associated parties, particularly its owners, the Abu Dhabi United Group. City’s legal team claimed that the rules were not only structurally unfair but also that the Premier…
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Author : Veselin Trajkovic
Publish date : 2024-10-10 19:48:32
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