The Times: Manchester City is taking legal action against the English Premier League over commercial rulesManchester City has initiated legal action against the English Premier League (EPL) over commercial rules, the UK’s Times reported on Tuesday. City, which won a fourth successive Premier League title last month, is looking to end the league’s Associated Party Transaction (APT) rules, according to The Times, which reported on specific excerpts of the lawsuit. According to The Times, City claims the APT rules are unlawful and are seeking damages from the league. The ruling in the APT case could have a significant impact on another legal matter involving City – an independent hearing into alleged financial breaches. In February 2023, the Premier League accused City of breaching more than 100 financial rules, and allegations included failing to provide accurate financial information, failing to comply with UEFA’s financial fair play (FFP) regulations and failing to follow Premier League rules on profit and sustainability.
Source: CNN June 05, 2024 20:22 UTC