The tribunal found in favour of Manchester City on certain points, ruling two aspects of the APT rules as unlawful.
EDITOR’S PICKS
- BBNaija: It Was All Part of the Game – Kassia Apologies to Toby Forge
- Has Protest Lost Its Potency In Nigeria?
- ‘PDP Is dead, APC Has Finished Nigeria’ –Kwankwaso
However, the Premier League emphasized that the tribunal dismissed most of the club’s arguments, affirming the broader purpose, structure, and decision-making process of the APT system.
The APT rules are designed to scrutinize the value of sponsorship deals involving companies connected to a club’s owners.
FURTHER READING
- ‘PDP Is dead, APC Has Finished Nigeria’ –Kwankwaso
- Arsenal Beat PSG To Get First Champions League Win
- Has Protest Lost Its Potency In Nigeria?
It is important to note that this case is separate from the Premier League’s ongoing disciplinary proceedings against Manchester City, where the club faces 115 charges for alleged breaches of financial regulations, some dating back to 2009.
In its decision, the tribunal ruled that shareholder loans should not fall within the scope of the APT rules, and it invalidated certain amendments made by the Premier League in February.
Click here to watch our video of the week
Advertise or Publish a Story on EkoHot Blog:
Kindly contact us at [email protected]. Breaking stories should be sent to the above email and substantiated with pictorial evidence.
Citizen journalists will receive a token as data incentive.
Call or Whatsapp: 0803 561 7233, 0703 414 5611
