Manchester City have secured a huge win in their legal challenge over the Premier League to overturn Associated Party Transaction rules.
Manchester City have scored a major victory in their legal challenge against the Premier League over Associated Party Transaction rules.to court to challenge the APT rules which they deemed as unfair after they were introduced when Newcastle were bought by the Public Investment Fund of Saudi Arabia.
The specifics of that point come in paragraph 604 of the verdict, which says City can now seek damages from the Premier League, arising out of the harm it has suffered because of the PL acting unlawfully.Both the Premier League and Manchester City are claiming victory in wildly contrasting statements from this verdict, but playing through the spin there seems to be no doubt that it is City who have chalked up a major win here.
It is, surely, a good thing for everyone too for rules that are against the law to be corrected - although something suggests not everyone will see it that way...It is not thought that the Premier League can appeal the verdict of the tribunal, and in their statement they say will continue to operate the existing APT system, 'taking into account the findings made by the tribunal.'
"The decision represents an important and detailed assessment of the APT Rules, which ensure clubs are not able to benefit from commercial deals or reductions in costs that are not at Fair Market Value by virtue of relationships with Associated Parties. These Rules were introduced to provide a robust mechanism to safeguard the financial stability, integrity and competitive balance of the League.
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