Manchester City took the next step in the latest legal measures against the Premier League on its associated party transactions, as Sky Sports News understands.
Other clubs were notified by the Premier League about the claim statement.
The Premier League does not provide any comment, but this recent development was expected and is part of the ongoing legal process.
APT rules organize commercial deals that have been concluded between clubs and companies related to their owners, which requires them to be “fair market value”.
This legal procedure is separate from the procedure that covers more than 100 Accusations against City of the alleged violations of the English Premier League financial rules. The city denies the charges.
APT rules were presented for the first time in December 2021 after the Saudi seizure of Newcastle to ensure commercial deals with companies associated with club ownership were at the value of the fair market.
They also targeted the revenues that could be collected by the city backed by Abu Dhabi from the state’s entities through care.
City brought the legal challenge after its ban by the English Premier League from the progress of new more profitable deals with Etihad Airways and Abu Dhabi First Bank. The Premier League champion is owned by the Vice President of the United Arab Emirates, Sheikh Mansour.
In February, the jury found an error in the Premier League ability as a regulator to create rules that follow a preliminary referee in October.
The league responded to this by rewriting three areas of the rules that were found to be illegal and reviews were approved by the majority of clubs in November.
It is worth noting that the fair market value of shareholders ’loans must now be taken into consideration in assessments on the profit and sustainability of clubs that determine the extent of legal income.
The league also guaranteed that the clubs will get the data bank earlier with the values of care similar to assessing their deals against.
Richard Master, CEO of the Premier League, believes that these new rules have replaced the rules that have now been found by the court – in an attempt to quit it from the impact of this ruling.
But City also defies the legitimacy of the new rules designed to prevent the richest clubs from inflating the value of deals to spend more on players and comply with the rules of profit and sustainability (PSR).
Clubs can only lose 105 million pounds over three years under the leadership of PSR, which will remain in effect next season amid legal challenges in preventing new regulations.
City hopes that there will be rules in the team for the third time in favor of it, on the pretext that the Premier League modified the rules in November, which was never supposed to exist.
This is all before the judgment was issued in a larger and more dependent condition, with a ruling due to more than 100 alleged violations of the financial rules that extend until 2009.
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