top of page

Man City Secures Victory in Case Against Premier League

  • Writer: Esther
    Esther
  • Sep 26, 2024
  • 1 min read

Manchester City have secured a pivotal legal victory against the Premier League in a landmark case concerning the Associated Party Transaction (APT) rules.


According to reports, the champions appear to have scored a crucial point over the league body, leading to the dropping of a vote on potential amendments to the APT system during a meeting held on Thursday.

The APT rules, which regulate how much sponsors can pay clubs, were at the heart of this legal battle. The dropped vote is seen as an indication that Manchester City has been successful in their challenge against these regulations. This development follows an arbitration hearing held between June 10-21, 2024, where the legality of the APT rules was scrutinized.


This case is separate from another ongoing hearing where Manchester City faces up to 115 charges of potential financial mismanagement throughout the Premier League era. The outcome of this separate hearing is still pending.


The Premier League's legal fees have reportedly soared to £50 million due to various investigations and arbitration hearings, far exceeding the anticipated budget of £8 million. This financial strain highlights the extensive nature of the legal battles involving top-flight clubs, including Manchester City.


Football finance expert Stefan Borson explained that the latest set of APT rules required a director of the sponsoring company to declare that the sponsorship is fair market value, a step deemed excessive by Manchester City. This requirement was a central point of contention in the legal challenge.


As the football world awaits further developments, this victory for Manchester City could have far-reaching implications for the regulation of commercial deals within the sport.





コメント


KEEPING YOU UPDATED

© ICMNEWS: 2020-2024

bottom of page