"Manchester City have been involved in a legal case with the Premier League over the competition's APT rules since last year. The league's rules were introduced to ensure commercial deals between a club and entities linked to its owners, such as sponsorship agreements, are conducted at a fair market value. Such rules were brought in to prevent clubs, often those owned by nation states, from inflating revenue to bypass financial regulations by agreeing sponsorship deals with companies linked to the ownership."
""The Premier League and Manchester City FC have reached a settlement in relation to the arbitration commenced by the club earlier this year concerning the Premier League's Associated Party Transaction (APT) Rules and as a result the parties have agreed to terminate the proceedings. "This settlement brings an end to the dispute between the parties regarding the APT Rules. As part of the settlement, Manchester City accepts that the current APT Rules are valid and binding.""
Manchester City engaged in legal proceedings with the Premier League over the competition's Associated Party Transaction (APT) Rules, a dispute that began last year. The APT Rules require commercial deals between clubs and owner-linked entities to reflect fair market value to prevent inflated revenues used to bypass financial regulations. An independent arbitration tribunal previously found three aspects of the old APT rules unlawful, prompting the Premier League to revise the rules. The club and the league have now reached a settlement terminating the arbitration, and Manchester City accepts that the current APT Rules are valid and binding. The settlement is separate from the club's 115 financial charges.
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