Dispute over associated party transaction rules ends
Club still face charges of breaching financial rules
Manchester City and the Premier League have settled their dispute over rules that limit the ability of top-flight clubs to sign sponsorship deals with companies related to their ownership.
The fight over so-called associated party transaction rules had been seen as a potential challenge to the entire Premier League rulebook, but both parties have now stepped back from the brink, with City agreeing to accept the legitimacy of the APT rules as they stand.
“The Premier League and Manchester City FC have reached a settlement in relation to the arbitration commenced by the club earlier this year concerning the Premier League’s associated party transaction (APT) rules, and as a result have agreed to terminate the proceedings,” the parties said in a joint statement on Monday afternoon.
