Manchester City have secured a major victory in their pursuit against the Premier League and their Associated Party Transaction (APT) rules, it has been confirmed.
According to the information of MailSport’s Mike Keegan, Manchester City have scored a ‘seismic victory’ in their war with the Premier League after new rules on sponsorship deals were branded ‘unlawful’.
It is revealed that a panel of retired judges has ruled that regulations aimed at preventing clubs from inflating deals with companies linked to their owners breach the Competition Act – and that the top flight was wrong to stop two recent Manchester City deals.
A 175-page report was delivered to clubs on Monday afternoon detailing the findings, whilst Manchester City are now expected to seek costs and damages, and the Premier League are expected to have to amend or dump the system entirely.
The panel has specifically ruled that the Premier League was wrong to reject a wide-ranging new sponsorship deal City had lined up with Etihad Airways late last year, whilst the stopping of another deal with an Abu Dhabi-based bank was also branded procedurally unfair.
This is a developing story. More to follow.
