Manchester City reportedly appear to have won their APT legal battle with the Premier League with Liverpool unable to vote on new rule amendments.
Manchester City look to have won their legal battle with the Premier League regarding Associated Party Transactions [APT] rules. This case is separate from the 115-charge hearing that is currently in progress.
The Times states that a members vote on amendments to APT regulations was dropped from Thursday’s Premier League meeting, inferring that a wider reformation of the rules may follow. The regulations were established in 2021 amid Newcastle’s takeover by the Saudi Public Investment Fund.
Current APT rules allow the Premier League to oversee deals between entities connected with club owners to ensure fees are not inflated above market value, thereby giving more headspace within spending rules. Man City say the regulations are discriminatory and in June sued the Premier League citing loss of damages.
The hearing for the APT legal battle concluded over the summer and the outcome was expected to be learnt today. A vote on the adjustments to APT rules was scheduled for Thursday’s meeting but its removal from the agenda has led to suggestions that the Premier League might be loosening its grip regarding the rules.
We use your sign-up to provide content in ways you’ve consented to and improve our understanding of you. This may include adverts from us and third parties based on our knowledge of you. More info
There will be more to follow. We’ll bring you the very latest updates, pictures and video on this breaking news story.
For the latest news and breaking news visit liverpoolecho.co.uk/all-about/liverpool-fc. Get all the big headlines, pictures, analysis, opinion and video on the stories that matter to you.
Follow us on Twitter @LivEchoLFC – the official Liverpool ECHO LFC Twitter account – for all the latest LFC news as it happens in real time.
We’re also on Facebook/LiverpoolEchoLFC – your must-see LFC news, features, videos and pictures throughout the day from the Liverpool ECHO.
Listen to our podcasts by searching for ‘Blood Red’ wherever you get your podcasts.Sign up to one of the Liverpool Echo’s free daily and weekly newsletters on Liverpool FC by clicking here.