BREAKING: Man City Achieve Victory In Its Premier League’s Transaction Rule Dispute 

BREAKING: Man City Achieve Victory In Its Premier League’s Transaction Rule Dispute 

Manchester City Football Club has achieved success in its dispute with the Premier League concerning the Associated Party Transaction (APT) rules.

The Rule X Arbitral Tribunal Award, which has been made public, highlighted various flaws in the Premier League’s implementation of the APT regulations, deeming some aspects to be illegal.

In a statement issued by the club recently, they expressed their appreciation towards the Arbitral Tribunal members for their diligent work and careful deliberation, and they welcomed the conclusions drawn from the ruling.

“The club has succeeded with its claim: the Associated Party Transaction (APT) rules have been found to be unlawful, and the Premier League’s decisions on two specific MCFC sponsorship transactions have been set aside.

“The tribunal found that both the original APT rules and the current (amended) APT rules violate UK competition law and the requirements of procedural fairness,” the statement said.

The tribunal strongly criticized the Premier League for its handling of the APT rules, indicating that the rules were inherently unjust and that the league demonstrated unfairness in their application towards Manchester City.

Consequently, certain decisions made by the Premier League regarding the club’s sponsorship dealings were invalidated.

Moreover, the tribunal highlighted a discriminatory aspect of the rules, pointing out that they unfairly excluded shareholder loans from consideration.

The statement added, “As well as these general findings on legality, the tribunal has set aside specific decisions of the Premier League to restate the fair market value of two transactions entered into by the club.

“The tribunal held that the Premier League had reached its decisions in a procedurally unfair manner.

“The tribunal also ruled that there was an unreasonable delay in the Premier League’s fair market value assessment of two of the club’s sponsorship transactions, and so the Premier League breached its own rules.”