Man City Lose As Premier League Clubs Approve Changes To APT Rules

Premier League clubs have voted to implement changes to the rules governing commercial agreements, despite opposition from Manchester City, Newcastle United, Nottingham Forest, and Aston Villa.

During a meeting held in London on Friday, the clubs spent less than 30 minutes approving amendments to the Associated Party Transaction (APT) regulations. The vote saw 16 clubs in favour and four against, surpassing the threshold of 14 votes required for the changes to be ratified.

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Ahead of the meeting, Manchester City and Aston Villa had reached out to rival clubs, urging them to oppose the proposed changes. However, their efforts did not shift the majority consensus.

The vote followed a ruling earlier this year by an independent panel, which found certain aspects of the Premier League’s existing regulations unlawful. This judgment came as a result of legal action initiated by Manchester City.

The APT rules were initially introduced to prevent clubs from gaining unfair financial advantages through commercial or sponsorship agreements with entities closely linked to their owners, particularly when such deals exceed what is considered “fair market value.”

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The Premier League said the rule changes relate to “integrating the assessment of shareholder loans” and “include the removal of some of the amendments made to APT rules earlier this year”.

“The purpose of the APT rules is to ensure clubs are not able to benefit from commercial deals or reductions in costs that are not at fair market value by virtue of relationships with associated parties,” read a Premier League statement.

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