A judgement has been announced in the Manchester City legal case against the English Premier League over the FA Rules on business dealings involving the City Football Group Limited.
The Manchester City side have some complaints confirmed with two different aspects of associated party transactions (ATP) that were deemed unlawful by the court tribunal.
The Premier League revealed that the court tribunal in charge of the case rejected the majority of the English League reigning champions challenges.
The tribunal of the case, who were with 175 documents, presided over the fact that shareholder loans should not be excluded from the ATPs.
In addition, the adjustment made on the ATPs by the English Premier League in February should not be reflected.
However, the case is not really related to the Premier League disciplinary commission.
The case with the EPL disciplinary commission is related to City’s 115 Charges for allegedly breaching the financial regulation.
Premier League Teams That Acted As Witness For Manchester City
The Premier League teams like Everton, Chelsea, and Newcastle all acted as witnesses for the reigning champions of the League.
Premier League Teams That Acted As Witness For the English Premier League In The Case Against Manchester City
Teams like Manchester United, Liverpool, Arsenal, Tottenham, Brighton, and West Ham were witnessed for the Premier League
These football clubs were largely against the Manchester City side.
What the Premier League Said After the Judgement Was Delivered By The Tribunal
After the verdict was made by the tribunal of the court, the Premier League released a bold statement.
The statement reads, “Manchester City brought a wholesale challenge to the APT rules and were unsuccessful in the majority of the challenge. Competition will be distorted as the club would be benefiting from a subsidy.”
The league body also said “the tribunal had rejected Manchester City’s argument that the object of the APT rules was to discriminate against clubs with ownership from the Gulf region.”
What Is The ATP Rules And When Was A Restriction Introduced
The Associated Party Transactions are business deals that involve clubs and companies that have close ties.
After Saudi Arabia took over Newcastle in 2021, a restriction related to fair market value was issued
In demand for transparency, the English Premier League have the utmost authority to assess the value of such a huge deal, which involved Saudi Arabia taking over a Premier League team. This is also to prevent those kinds of deals from getting inflated.
In February 2024, there was a little bit of change in the rules. Twelve Football clubs supported the new rules.
Two Football clubs decided not to vote while the remaining six were against the change.
The New Rule allows Premier League clubs to show their financial transactions and ensure they are at fair market value.
What do you think about the Tribunal judgement on Manchester City? Air your views in the comments section.
