Manchester City is already facing 115 charges after allegedly breaching financial regulations and failing to cooperate with Premier League investigations. As per the Premier League, Man City broke these rules over nine seasons. Man City have now received a big boost in their Financial Fai Play (FFP) violations case after they scored a crucial point in a separate legal battle against the Premier League regarding the sponsorship rules. Manchester City has contested the Premier League’s regulations that prohibit commercial deals between companies owned by the same group, claiming the rules violate the UK's Competition Act of 1998. Erling Haaland As Cricketer! Manchester City Share Cricket Themed Post As Star Striker Completes Century of Goals for the Club.
The hearing that took place a couple of weeks ago, focused on the Associated Party Transaction (APT). These rules are keen on preserving competitiveness by ensuring the commercial deals between related companies are assessed independently to reflect fair market value. Man City are contesting these rules and are arguing that they are illegal. Some other Premier League clubs are concerned that altering the APT rules could increase the gap between the financially well-off clubs such as Manchester City and Newcastle United as they can use related-party sponsorships more freely. Hence it will end up increasing their financial dominance. Sofa on Tractor! Erling Haaland’s Boyhood Club Bryne FK Offers Unique VIP Seating Experience for Spectators, Pics Go Viral.
If Man City go on to lose the FFP case then they will be stripped of all the Premier League titles they have won in the last nine seasons. Manchester City will also be relegated to the second division if they proven to be guilty in the FFP violations case. City ended up securing a draw against Arsenal in their last Premier League 2024-25 game. Pep Guardiola's men are the table-toppers as they have won four games out of the five played in the Premier League 2024-25 so far.
(The above story first appeared on LatestLY on Sep 27, 2024 11:39 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).