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Manchester City win legal battle over Premier League financial rules

PorStaff

Feb 14, 2025
Manchester City FC players huddle up before a soccer game against AC Milan, Saturday, July 27, 2024, in New York. (AP Photo/Pamela Smith)

Manchester City has emerged victorious in a legal battle against the Premier League regarding financial regulations. However, there are differing opinions on the significance of the ruling from both sides.

In a case initiated by Manchester City, an independent panel has reportedly declared the Associated Party Transaction (APT) rules to be null and unenforceable, according to Sky News.

The APT rules were introduced in December 2021 following the Saudi takeover of Newcastle to ensure that commercial agreements involving companies connected to club ownership were conducted at fair market values. These rules were also aimed at regulating the revenue generated by City, backed by Abu Dhabi, from sponsorships with state entities.

Manchester City filed the legal challenge after facing obstacles from the Premier League in pursuing more lucrative deals with Etihad Airways and First Abu Dhabi Bank.

The reigning Premier League champions are under the ownership of UAE vice president Sheikh Mansour.

Image:
An independent panel has ruled financial rules introduced after the Newcastle takeover are void and unenforceable. File pic: AP

An arbitration panel recently found fault with the Premier League’s regulatory capabilities in creating rules, following an initial ruling in October. In response, the league revised three areas of the rules deemed illegal, and these revisions were approved by a majority of clubs in November.

One significant change is that the fair market value of shareholder loans must now be considered in evaluating the financial sustainability of clubs, determining the legitimacy of their income.

The Premier League also ensured that clubs would have access to a database of comparable sponsorship values to assess their agreements.

Pic: Reuters

Image:
Manchester City have won a legal challenge against the Premier League’s financial rules. Pic: Reuters

Richard Masters, the Premier League’s chief executive, believes that the new rules have replaced the ones invalidated by the tribunal, downplaying the impact of the recent ruling. The Premier League stated, «The tribunal’s decision has invalidated the previous APT rules as a whole, but the new APT rules, approved by clubs in November 2024, remain in effect.»

The Premier League maintains that the new APT rules are valid and enforceable, seeking a swift resolution on the matter. However, Manchester City is challenging the legality of the new rules aimed at preventing affluent clubs from inflating deals to increase spending on players and comply with Profit and Sustainability rules.

Under the Profit and Sustainability rules, clubs can only incur losses of £105m over three years, a regulation that will persist into the next season despite legal challenges impeding new regulations.

Read more:
Etihad boss denies paying over odds for City sponsorship
Why Manchester City are suing Premier League

Manchester City manager Pep Guardiola reacts on the touchline during the Premier League match at Villa Park, Birmingham. Picture date: Saturday December 21, 2024.

Image:
Manchester City manager Pep Guardiola. Pic: PA

Manchester City is pinning its hopes on a favorable ruling from a panel for the third time, arguing that the rules amended by the Premier League in November should never have been in place. This legal battle precedes a significant verdict expected soon on more than 100 alleged breaches of financial regulations dating back to 2009.

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Por Staff

Ozzy Osbourne has reunited with Black Sabbath for his final gig, saying an emotional goodbye to fans. The event, titled Back To The Beginning, took place at Villa Park stadium and marked the end of Osbourne’s career due to health issues, including Parkinson’s disease. Rising up on a black throne adorned with jewelled skulls, the 76-year-old performed a solo set before being joined by his original bandmates – Terence «Geezer» Butler, Tony Iommi, and Bill Ward – for Black Sabbath’s first performance in two decades. Osbourne expressed his gratitude to the fans, stating, «you’ve no idea how I feel – thank you from the bottom of my heart.» With the crowd chanting his name, Osbourne performed both sets sitting down, displaying his iconic voice and wild energy. The setlist included fan favorites like Mr. Crowley, Crazy Train, Iron Man, and Paranoid, with Osbourne encouraging the crowd to sing along and go crazy. The event featured guest appearances from various hard rock luminaries, including Slayer, Halestorm, Metallica, Guns ‘n’ Roses, Steven Tyler, Ronnie Wood, Yungblud, Travis Barker, and Chad Smith. Tributes from celebrity friends and fans, such as Billy Idol, Ricky Gervais, Dolly Parton, and Sir Elton John, were also played on screen. The concert was a fitting farewell to one of metal’s most influential figures, with many artists expressing their gratitude to Osbourne and Black Sabbath for their impact on the genre. The day was filled with nostalgia, celebration, and a sense of appreciation for the legacy of Osbourne and his band. Ozzy Osbourne’s Emotional Farewell with Black Sabbath
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Ozzy Osbourne has reunited with Black Sabbath for his final gig, saying an emotional goodbye to fans. The event, titled Back To The Beginning, took place at Villa Park stadium and marked the end of Osbourne’s career due to health issues, including Parkinson’s disease. Rising up on a black throne adorned with jewelled skulls, the 76-year-old performed a solo set before being joined by his original bandmates – Terence «Geezer» Butler, Tony Iommi, and Bill Ward – for Black Sabbath’s first performance in two decades. Osbourne expressed his gratitude to the fans, stating, «you’ve no idea how I feel – thank you from the bottom of my heart.» With the crowd chanting his name, Osbourne performed both sets sitting down, displaying his iconic voice and wild energy. The setlist included fan favorites like Mr. Crowley, Crazy Train, Iron Man, and Paranoid, with Osbourne encouraging the crowd to sing along and go crazy. The event featured guest appearances from various hard rock luminaries, including Slayer, Halestorm, Metallica, Guns ‘n’ Roses, Steven Tyler, Ronnie Wood, Yungblud, Travis Barker, and Chad Smith. Tributes from celebrity friends and fans, such as Billy Idol, Ricky Gervais, Dolly Parton, and Sir Elton John, were also played on screen. The concert was a fitting farewell to one of metal’s most influential figures, with many artists expressing their gratitude to Osbourne and Black Sabbath for their impact on the genre. The day was filled with nostalgia, celebration, and a sense of appreciation for the legacy of Osbourne and his band. Ozzy Osbourne’s Emotional Farewell with Black Sabbath