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Ernest Victor
Guest
Manchester City have expressed their dissatisfaction with the Premier League’s representation of the verdict in a significant legal case concerning regulations on commercial agreements.
Manchester City’s general counsel, Simon Cliff, sent a letter to the 19 Premier League clubs and the league, outlining several inaccuracies they believe were present in the league’s summary of the case verdict.
The legal dispute arose from City’s challenge against the Premier League’s associated party transaction (APT) rules, which govern commercial deals between clubs and entities linked to their owners.
Following the publication of the arbitration panel’s decision, both City and the Premier League claimed victories. The tribunal upheld some of the City’s complaints, deeming two aspects of the APT rules unlawful. City viewed this as a success in their legal action.
However, the Premier League also welcomed the tribunal’s findings, stating that the majority of Manchester City’s challenges were rejected and emphasizing the endorsement of the overall objectives, framework, and decision-making of the APT system.
Associated party transactions (APTs) are designed to ensure that sponsorship deals with companies linked to clubs’ owners are conducted at fair market value.
A BBC report claimed that a senior source from the Premier League revealed that the league has rejected any assertion that its summary of the ruling was misleading or inaccurate.
Currently, there is an ongoing consultation with the clubs, who are scheduled to convene next Thursday to discuss the implications of the case. However, at this stage, no formal vote is expected to take place.
Note that this case is distinct from the Premier League disciplinary commission proceedings, which will address 115 charges against City for alleged breaches of its financial regulations, some of which date back to 2009. City has consistently denied any wrongdoing in this matter.
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