Man City have released a statement outlining eight key findings after they scored a major victory over the Premier League on APT rules.
Man City have released a statement outlining eight key findings after they scored a major victory over the Premier League on Associated Party Transaction rules.
APT rules are designed to ensure any commercial deal or player transfer between a club and entities with links to that club’s ownership are conducted at fair market value, so that club revenues are not artificially inflated.that the arbitration panel declared the APT rules ‘unlawful’, with clubs now effectively free to do any commercial deals they wish without any independent judgement being made on whether those deals were for fair market value.
– The Club has succeeded with its claim: the Associated Party Transaction rules have been found to be unlawful and the Premier League’s decisions on two specific MCFC sponsorship transactions have been set aside – The rules were found to be discriminatory in how they operate, because they deliberately excluded shareholder loans.
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