Overview

• The Premier League passed amendments to its Associated Party Transaction (APT) rules with a 16-4 majority, despite opposition from Manchester City, Newcastle United, Aston Villa, and Nottingham Forest.
• The updated rules now include shareholder loans under fair market value assessments, addressing concerns raised by an arbitration tribunal earlier this year.
• Manchester City had argued for a delay, citing unresolved issues from the tribunal decision, but the league moved forward with the changes to safeguard financial integrity and competitive balance.
• The amendments are seen as a victory for the Premier League leadership, which has faced legal challenges from City over financial regulations, including the ongoing case involving 115 alleged financial breaches.
• The vote reflects a growing coalition of clubs supporting stricter financial controls, spanning both large and smaller teams across the league.