The Premier League issued a statement in response to Manchester City’s legal challenge against the League’s Associated Party Transaction (APT) Rules, which resulted in the publication of an Arbitration Panel’s ruling.
The tribunal’s ruling provides a thorough evaluation of the APT framework, covering both the system’s advantages and disadvantages.
In its response, the Premier League, in a statement on Monday via its website, emphasised that the tribunal’s findings largely supported its approach, stating that the decision “endorsed the overall objectives, framework and decision-making of the APT system.”
The League underscored that the tribunal recognised the necessity of the APT Rules in maintaining financial stability, integrity, and competitive balance within the league.
“The Tribunal determined that the APT Rules are necessary, pursued a legitimate objective and were put in place to ensure that the Profitability and Sustainability Rules (PSR) are effective,” the statement added.
According to the statement, Manchester City’s challenge, which questioned the legality, design, and implementation of the APT Rules, was mostly unsuccessful.
The tribunal concluded that “it is difficult to see how the PSR can be effective without the APT Rules, including the ability to restate transactions,” validating the current need for such regulations to control Associated Party Transactions.
