Overview

• The parties issued a joint statement confirming a settlement and the termination of arbitration over Associated Party Transaction rules.
• Manchester City now accepts the current APT rules as “valid and binding,” ending its latest legal challenge to the framework.
• The arbitration had been scheduled for an October hearing, which will not go ahead following the agreement.
• APT rules are designed to ensure owner‑linked commercial deals reflect fair market value, with earlier tribunal rulings prompting revisions including how shareholder loans are treated.
• The settlement is separate from the Premier League’s independent case alleging 100+ financial breaches against City, which remains unresolved.