Manchester City fights against the Premier League and bets on changing its financial rules

0


tThe Times has reported that city ​​of manchester They are at war with him first division. The report suggests that next Monday will be very important in a dispute between both sides. The war will begin to be resolved next week in private judicial arbitration two weeks from Monday.

The result could drastically change the rules of English football, as it may or may not lead to the withdrawal of the alleged 115 charges against City regarding financial regulations and the rules established by the Premier League.

Impressive yellow wave of Borussia Dortmund fans on the streets of London for the Champions League final

That hearing, which will last more than a month, could lead to massive fines for City's owners and even administrative relegation for pep guardiolafrom the side.

At the hearing, which begins on Monday, City will try to put an end to the so-called APT (Associated Party Transactions) rules and will demand compensation from the Premier League. That law prevents an owner from investing money in a club through unsupervised means.

Rules in force since December 2021

APT rules were introduced in December 2021 in the wake of the Saudi Arabia takeover Newcastle. That rule is designed to keep the Premier League competitive by preventing clubs from inflating commercial deals with companies linked to their owners.

Yeah City If they are successful in their petition, and some rival clubs fear they will be, it could allow richer clubs to value their sponsorship deals without an independent evaluation by the league, which would vastly increase the amount of money they can raise and , ultimately spending on transfers. .

The other 19 Premier League clubs have been invited to take part in the lawsuit, and The Times reports that between 10 and 12 have come forward, meaning there will be a civil war between City and the rest.

CityThe 115 alleged violations between 2009 and 2023 relate to alleged sponsorship deals funded by companies linked to Abu Dhabi. The city has denied any wrongdoing related to the 115 charges.





Source link

Leave A Reply

Your email address will not be published.