Man City, Premier League claim victory in APT case

Oct 8 - Manchester City and the English Premier League have both claimed victory after the conclusion of the legal case over the APT rules. Manchester City and the English Premier League have been fighting a lawsuit over the Related Person Transactions (APT) rules, or financial controls set by the Premier League. Manchester City has released a statement regarding the club's victory in the case against the Premier League, and also claims that the Premier League has no right to apply the rules, including citing the words of the Arbitration Court, which said that the Premier League abused its power and attempted to apply the APT rules retrospectively, which was unfair. In February, Manchester City took their case to an arbitration tribunal after it was found that the Premier League's Related Persons Transactions (APT) rules were in breach of UK competition law, and the club have now announced that they have won the case, although the club is still facing more than 100 charges of financial misconduct. Meanwhi le, the Premier League said the court found the rules were necessary and rejected most of Manchester City's challenges. The APT rule was first introduced in December 2021 after the takeover of Newcastle United from a Saudi Arabian consortium, which led to fears that clubs would be spending too much to support their revenue streams. - Thai News Agency Source: Thai News Agency