Premier League Tightens Rules on Associated Party Transactions Amid Legal Challenges
In a closely contested vote, Premier League clubs have agreed to stricter regulations on associated party transactions, sparking potential legal action from Manchester City.
- Premier League clubs voted to toughen rules on associated party transactions, aiming to prevent inflated sponsorship deals and unfair player transfers.
- The vote passed narrowly, with 12 clubs in favor, six against, and two abstaining, highlighting divisions among England's top-flight clubs.
- Manchester City, facing 115 breaches of financial fair play rules, is believed to be considering arbitration, arguing the new rules are unlawful under English competition law.
- The rules were revised to create a more level playing field, but have led to tensions between the Premier League and some of its clubs.
- The Premier League is also negotiating a new financial settlement with the EFL, aiming to redistribute more money across the football pyramid.