Last year, City took the top flight to a tribunal over its associated party transaction rules (APT) – the regulations in place determining what is permitted in commercial deals between clubs and companies under the same ownership.
“The three respects in which the APT rules and amended APT rules were unlawful cannot be severed with the result that the APT rules as a whole are void and unenforceable.”
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Read MoreThe statement said: “The tribunal’s decision has found that the three narrow aspects of the old APT rules, previously found to be unlawful, cannot be separated from the rest of the previous rules as a matter of law.
“However, the previous APT rules are no longer in place, as clubs voted new APT rules into force in November 2024.
“The tribunal states that whether its decision has any benefit to the club, therefore, depends on whether the new APT rules are found to be lawful as part of the second challenge issued by the club last month.
As a consequence of City’s lawsuit, interest accrued on loans to clubs from owners is set to be included in financial rule limits.
In a separate hearing, City await the verdict of an independent commission into the 130 charges for alleged financial breaches the league issued against the reigning champions.
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