Tuesday, October 8, 2024 - 11:06 am
HomeLatest NewsManchester City wins first legal battle against Premier League

Manchester City wins first legal battle against Premier League

He Manchester City win the first battle Premier League. In the middle of a dispute concerning the 115 files opened for alleged irregularities in the regulations of the competition, the club won the trial for the blocking of two sponsorships of United Arab Emirates, whose royal family owns the club. A case which has nothing to do with the macro-trial which is open. Justice also emphasizes that employer rules “They are in breach of UK competition law” and that the competition “abused its dominant position”.

The Prime Minister blocked sponsorships of Etihad and of Bank of Abu Dhabi considering that they violated the competition regulations developed in 2021. Thus, to prevent the Newcastle, I just bought by Saudi Arabia, could pad his accounts with a multitude of sponsorships from his own country. In the case of sky blues, Around a third of its sponsors come from the Emirates.

But this blocking of the Premier League was reviewed by Justice and the Mancunian club was ruled in its favor. He City denounced this year the Prime Minister for having considered that the current regulation of associated companies is discriminatory, goes against the free market and competition law and that it was promoted by the rest of the clubs to hinder the successes that the Guardiola they succeed on the playing field.

It is the entity itself citizen who announced it in a press release. They emphasize that they won the case for 25 of these rules, that this initiative is contrary to the law and that the decisions of the Premier League As for the club’s sponsorships with Etihad and the Bank of Abu Dhabi, they have been put aside.

Manchester City wins the Premier

According to the press release published by the Manchester City and this is supported by a 164-page document, the original APT rules and the current rules “infringe UK competition law”, in addition to the Premier League. “abused his dominant position”. The court ruled that the laws were “structurally unfair” and that the competition was “particularly unfair” in the way it applied them to clubs.

These laws “were discriminatory” and the court itself stressed that there had been an “unjustified delay” in assessing the fair market price of two club transactions, which is why the Prime Minister “violated its own rules. The court determined that City’s agreement with Etihad was blocked this year in an “unfair” manner because the club was not given the opportunity to respond to the analysis according to which the Premier League made on the agreement itself. In the case of Bank of Abu Dhabi, The judges certified that City had not received information from other clubs about the database used by the competition to determine what fair market value is.

The resolution punishes other clubs

Furthermore, the resolution could have a significant impact on the rest of the clubs because, according to the resolution, the current rules do not take into account the Fair play interest-free financial loans from which certain clubs benefit. The panel of three judges who analyzed the case determined that of the 4 billion pounds that exist in loans in the first, 1.5 billion of them come from the club owners themselves.

City have argued that these loans are unfair and not market priced, as they carry no interest and, in many cases, have therefore not had to be paid. Therefore, if these rules are changed again, after resolution, loans would have to be recorded in the accounts and could lead to teams such as the Arsenal or the Everton violate the Fair play financial.

Source

MR. Ricky Martin
MR. Ricky Martin
I have over 10 years of experience in writing news articles and am an expert in SEO blogging and news publishing.
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Recent Posts