from: mancity.com

Following today’s publication of the Rule X Arbitral Tribunal Award, Manchester City Football Club thanks the distinguished members of the Arbitral Tribunal for their work and considerations and welcomes their findings:

The Club has succeeded with its claim: the Associated Party Transaction (APT) rules have been found to be unlawful and the Premier League’s decisions on two specific MCFC sponsorship transactions have been set aside.

The Tribunal found that both the original APT rules and the current, (amended) APT Rules violate UK competition law and violate the requirements of procedural fairness.

The Premier League was found to have abused its dominant position.

The Tribunal has determined both that the rules are structurally unfair and that the Premier League was specifically unfair in how it applied those rules to the Club in practice.

The rules were found to be discriminatory in how they operate, because they deliberately excluded shareholder loans.

- As well as these general findings on legality, the Tribunal has set aside specific decisions of the Premier League to restate the fair market value of two transactions entered into by the Club.

The tribunal held that the Premier League had reached the decisions in a procedurally unfair manner.

The Tribunal also ruled that there was an unreasonable delay in the Premier League’s fair market value assessment of two of the Club’s sponsorship transactions, and so the Premier League breached its own rules.

The verdict has been announced in Manchester City's legal case against the Premier League over its associated party transaction (APT) rules.

City had some complaints upheld, with two aspects of the APT rules deemed unlawful by a tribunal.

But the Premier League says the tribunal rejected the majority of Manchester City's challenges and "endorsed the overall objectives, framework and decision-making of the APT system".

APTs are aimed at the value of sponsorship deals with companies linked to clubs' owners.

This case is not directly related to the Premier League disciplinary commission which will hear 115 charges against City for allegedly breaching its financial regulations, some of which date back to 2009.
 
 photo: mancity.com