City have won nothing. The Premier League released their stayement. City fans are clueless. APT rules are here to stay. The dispute was about two sponsorship deals. What are these City fans smoking thinking they won something lol.
Shouldn’t you be off hacking other clubs computer systems instead of worrying about City. Funny how no punishment was handed out for that. I guess it’s all good if you are in the Red Cartel!
@@johnsimmonds5876 I am merely pointing out that the headline Terry has put on the video is false. APT rules have not been scrapped so City won bugger all.
big up lee for being one of the very few people for holding your club to actual big club standards and calling out all the click baiters especially that shameless husam, bro said arsenal will break chelsea's 15 goal record and just can't accept city is just a well oiled machine from top to bottom, pep and demba ba made his life miserable 😭😭😭 bro even said palmer is a one season wonder and said he's behind salah and saka all year yet now they're all protesting salah and saka because palmer is allegedly a 10 now and foden is 'trash'💀 cook him and mo tomorrow lee don't let these low standard people ruin your already rotten fanbase
The fact Newcastle keep being mentioned is mad tbh, we have followed every rule and have 0 debt. Its been proven 10 club's wrote to the Premier league 5 days after our takeover they wanted APT introduced. Man city have proven it was unlawful!
Unless I missed something all he said was that you have the richest owners on the planet and you’d be able to outspend everyone if you were able to sponsor and spend freely. He’s 100% right
Bottle it Like Bukayo fanboy and Phil Foden hater Dry Lunch back again with more desperate & worthless stats for The Failed One Here's the one that only matters Sakas seasons in trophies won 2018/19 - Nothing 2019/20 - Nothing 2020/21 - Nothing 2021/22 - Nothing 2022/23 - Nothing 2023/24 - Nothing
As for arsenal ffp thing I wouldn’t worry legally nothing can be done as borrowing that money before any rule changes have been applied can’t be accounted and penalised for
So does city count than lol plans not arsenals coz im sure they’ve backdated city’s charges from 2009 lol, arsenal united & Liverpool are the clubs pushing for city to be convicted hm.. I wonder why lol
Funny how the tables turn hey my fan base have been screaming out 115 for the past 2 years well well looks like they was skeletons in the closet at the emirates no wonder we’ve outspent y city these last 4 years but let’s not speak on that let’s blame city coz they cheats lol pathetic
It seems to be an Argentinian thing, to be absolute monsters but lapse of concentration, seen it with Rojo and Martinez, and used to see it with Otamemdi too. Romero isn't any different if anything he's much worse when it comes to these lapses of concentration. It's weird cuz they're amazing centre backs on their day but if I could pick a centre back to have at united I'd be taking saliba I wouldn't even look at a spurs centre back
Playing against 10 men is not easier than playing against 11 men if those 10 men are all sitting in their own half or own box in a deep block. Chelsea didn't even play badly. Forest keeper earned them a point. That's it's. Rival fans are celebrating the draw because they are rattled by how good Chelsea are.
Them 2 small North London trophy dodging clubs never learn Dry Lunch If Arsenal lead the EPL for 99% of the season and and not 93% they would still of bottled it. Phil Foden said it best after the Euro final shootout against Italy, "I'm not surprised we lost and tbh i'm hugely disappointed that Gareth insisted on Saka taking a penalty over me and Cole Palmer. But credit to Harry Maguire & Harry Kane for scoring theirs" And that's why 18 trophy winner Mr Foden was voted POTS again. Bless him xx
Sakas my favorite player but to say he cooked is insane. Without his g/a I thought he was poor against Southampton based on what I saw. Using stats no one mentions 0 dribbles completed, 0 accurate long balls, 3/11 on accurate crosses, 7 shots 4 blocked and 1 off target, he was dispossessed twice and he wasn’t tracking back when he lost the ball either. I thought the whole team was poor and we “dominated” the first half but had 1 shot on target. Criticizing the team even when we win isn’t hate.
Football is definitely dead. There's gonna be zero excitement if some academy players break through the first team and becoming a great player at their boyhood club, bcs just buy already proven WC players if their owners is rich.
I reckon Jim Ratcliffe will be rooting for man city because if they do come through all these charges unscathed then it won't be long before other rich ownerships take advantage. I imagine INIOS will then be our shirt sponsors for hugely inflated price and help pay the debt off plus INIOS could sponsor the new United stadium, Newcastle also will benefit and others. If we all step back from our clubs and ask ourselves Is it good for football as a whole ? I doubt it is good for football
Ineos have shareholders who don’t give a crap about Jim’s little play toy. They wouldn’t allow over the value deals to be done as it affects their holdings in Ineos. Jim would need to use his own money not that of Ineos.
How did city win if they lost 7 of the 11 key points in the case! I quote @shutthepuck... Things city lost: 1. Challenge that APT rules are illegal 2. Challenge that design, framework and implementation is unlawful 3. Challenge that the rules are unclear 4. Challenge that PL is discriminating against them 5. Challenge that the rules are unfair 6. Challenge that City should be privy to the data used to evaluate FMV 7. Challenge that two commercial deals should be allowed Things that city won: 1. Low/zero interest roles from shareholders should be included in the APT rules 2. Burden of proof should be on PL to show if a deal is/is not fair market value (FMV) 3. PL should have been faster in assessing the two commercial deals that were rejected 4. City can resubmit those two deals for reassessment, so PL can follow the proper timescale and procedure regarding communicating the process to City as they go along
That's a very normal strategy in any trial. Always go for more than you want. City didn't had any problem with other points because their deal didn't had to do with other points. They were challenged as a diversionary tactic. Their deal fell off because of those 2 points and now they can claim compensation from PL for it because they won and go on to sign that Etihad Airways and another Abu Dhabi related deal once again. Other points don't stop them from doing so.
Exactly, the Premier League released their statement. The dispute was about two sponsorship deals. ATP rules are still here to stay. City have won nothing lol
How mang FA CUPS n premiere leagues have Liverpool won. Yes arsenal not won anything for mang years but they are one of the nost successful clubs in football history 😂
Arsenal have won a league title in every decade since 1930 (except the 60s) and we hold the record for the most FA cup wins currently 14 ! Are you even a football fan ? 🤡😂😂
21 years without a PL title 32 years without Carabao Cup 30 years without a European Cup 5 Years without an FA Cup Never defended a PL title 0 UCL, 0 Europa, 0 Super cups & 0 Club World Cup in 138 years The Arsenal fanbase has the audacity of Real Madrid, but in reality they’re closer to Blackburn just with stat padded FA cups & Community Shields
If your talking History LFC have 19 league titles and 6 European cups 8 FA cups 10 League Cups 3 UEFA cups 4 super cups and 1 world club championship 🤷. Liverpool are the most successful club in England, very closely followed by Manchester United. Arsenal are in 3rd I believe but sure Chelsea with their European titles would have something to say 😂😂
@bwinnysm8546 lol it dont make you bigger because youve won CL ffs. Arsenal have double the trophies Liverpool have. Yes they have better europe success
Football has been about money from the go. The priblem now is that people who dont understand the dealings buy ring light and camera and waffle for 30mins about something they dont know about and act like they are saying facts
KSE should just get the lawyers to sue the premier league to say the loans were made before the rules changed and the interest rate is already locked in
Don't worry KSE are the money accountants FC. We all know how stingy they are with money, they'll sort it out. But that IF premier do change the APT rules and as it stands they haven't changed it. And if they do change the rules arsenal should be giving leeway or time to resolve the matter considering the changes it immediate and also do what you just mentioned
You all together are small % os Newcastle but just because they are more transpar3ntly shown as state owned club (Saudi), but it's no different just not so transparent regarding city wich is a lough. PSG same only Qatar. Everton was state backed in % of share
Summary of the decision Competition law Manchester City brought a wholesale challenge to the legality, design, framework and implementation of the APT Rules. The club was unsuccessful in the majority of its challenge. Significantly, the Tribunal determined that the APT Rules are necessary, pursued a legitimate objective and were put in place to ensure that the Profitability and Sustainability Rules (PSR) are effective, thereby supporting and delivering sporting integrity and sustainability in the Premier League. The Tribunal noted that "it is difficult to see how the PSR can be effective" without the APT Rules, including the ability to restate transactions. In particular, it found that there was sufficient evidence to justify that the previous regime (whereby "related party transactions" could only be restated by the Premier League Board to FMV where they had first been identified in the club’s audited accounts) was ineffective in controlling APTs. Therefore, it was necessary to move to a system that allowed for assessment, by the Board, at the point of the transaction itself. The Tribunal rejected a range of arguments put forward by Manchester City relating to the framework of the APT Rules including: - It agreed with the Premier League that if the price of an APT is evidently not at FMV, competition will be distorted as the club would be benefitting from a subsidy. - It found that the APT Rules include appropriately detailed criteria as to the determination of FMV and that the process for assessment of FMV is a clearly defined, transparent and non-discriminatory one (as required by competition law). - It rejected Manchester City’s argument that the object of the APT Rules was to discriminate against clubs with ownership from the "Gulf region". - More generally, except in two respects only (addressed below), it found that Manchester City’s arguments were unfounded, including on any alleged inconsistency in approach as between certain types of clubs The Tribunal made two findings in favour of Manchester City: - That Shareholder loans should not be excluded from the scope of the APT Rules. By way of background, the exclusion of Shareholder loans from the APT Rules was a choice by the majority of clubs who wished to encourage transparent investment and 19 of them (including Manchester City) voted in favour of this approach. - Second, that a limited number of amendments introduced to the APT Rules earlier this year should not be retained. In particular, the Tribunal found that the removal of the additional word "evidently" from the basis on which the Board will find an APT not to be at FMV, amendments to the definition of FMV, and shifting the burden of proof to a Club to show a transaction is at FMV could, when considered together, increase the risk of an APT being restated when a restatement is not, in fact, warranted (referred to in the decision as "false positives"). The Tribunal emphasised in its decision that it is only these two aspects of the Rules that are not compliant with competition law requirements. Public law Manchester City also challenged the procedural fairness of the APT Rules, both on a structural basis and in respect of its application to a number of specific Manchester City transactions. The Tribunal found in the Premier League’s favour on the majority of the points, including the following: - The Tribunal recognised that the APT Rules are a carefully drafted scheme which were the product of detailed negotiations by the clubs. - It noted that the use of an independent assessor, selected for its expertise and independence, confirmed the fairness of Premier League’s general approach to the FMV process. - It rejected Manchester City’s arguments that it should be entitled to directly access the Databank at any stage through its external advisers as part of the FMV Assessment process, and it also rejected Manchester City’s arguments that the League’s Regulatory Team lacked the necessary independence or were "biased". However, the Tribunal made one finding in favour of Manchester City: - The Premier League Board should provide clubs with Comparable Transaction Data relied upon by the Board when undertaking FMV Assessments, prior to the Board making a final determination that a transaction is evidently not at FMV (rather than at the Section X appeal stage). Application of the Rules to Manchester City transactions The Tribunal was asked by Manchester City to consider decisions taken by the League in respect of the FMV of two of its commercial transactions where the Board, after conducting the assessment required by the APT Rules, had found those deals to be evidently not at FMV. The Tribunal dismissed the majority of Manchester City’s challenges in this respect. In doing so, it recognised that the Premier League Board had assessed these transactions carefully and conscientiously and applied the correct legal test. The Tribunal also concluded that the Board’s FMV Assessments of those transactions were not unreasonable. Nonetheless, from a procedural perspective, it identified certain information that should have been provided to Manchester City at an earlier stage of the assessment process. Manchester City has already been provided with this information in respect of these transactions and has been invited to make further submissions in relation to it. Although the Tribunal noted that these FMV Assessments should have been conducted more speedily, it recognised that the delays had been due to a number of constraints which the League’s Regulatory team and the independent FMV assessor were working under and have been resolved. Next steps As the Tribunal has concluded, the APT Rules must now integrate the assessment of Shareholder loans and remove some of the amendments made to APT Rules earlier this year. Otherwise, the Premier League rulebook has been found to comply with competition and public law standards and is an effective and necessary system for assessing the FMV of APTs to ensure the integrity of the League’s Profitability and Sustainability Rules. We are conducting a process that can allow the League and clubs to enact those specific changes quickly and effectively.
Wait... Liverpool & Arsenal Champions Win? That Makes 0 sense. Arsenal has won JACK SHYTE the last 5yrs. Never, NEVER put Liverpool, Arsenal, & Champions in the same Sentence! That's Disrespectful to Liverpool and the word Champions FFS!
Thank god we won the case against the 115 charges and it all over. Everyone thought we gonna get relegated and stripped of our trophies but we won haha
City have won nothing. The Premier League released their stayement. City fans are clueless. APT rules are here to stay. The dispute was about two sponsorship deals. What are these City fans smoking thinking they won something lol.
Shouldn’t you be off hacking other clubs computer systems instead of worrying about City. Funny how no punishment was handed out for that. I guess it’s all good if you are in the Red Cartel!
@@johnsimmonds5876 I am merely pointing out that the headline Terry has put on the video is false. APT rules have not been scrapped so City won bugger all.
@johnsimmonds5876
Bro doesn't even know what hacking is smfh
big up lee for being one of the very few people for holding your club to actual big club standards and calling out all the click baiters especially that shameless husam, bro said arsenal will break chelsea's 15 goal record and just can't accept city is just a well oiled machine from top to bottom, pep and demba ba made his life miserable 😭😭😭 bro even said palmer is a one season wonder and said he's behind salah and saka all year yet now they're all protesting salah and saka because palmer is allegedly a 10 now and foden is 'trash'💀 cook him and mo tomorrow lee don't let these low standard people ruin your already rotten fanbase
The fact Newcastle keep being mentioned is mad tbh, we have followed every rule and have 0 debt. Its been proven 10 club's wrote to the Premier league 5 days after our takeover they wanted APT introduced. Man city have proven it was unlawful!
Unless I missed something all he said was that you have the richest owners on the planet and you’d be able to outspend everyone if you were able to sponsor and spend freely. He’s 100% right
@@Letsgetumm and why not
@@Letsgetummwhy can't we spend
@@kishennandha9127 because football is more than important than Newcastle buying trophies
@@billymabum3514 so it ok for man utd Blackburn rover in the 90s chelsea and man city
Saka's best dribbling seasons:
6th: 21/22 1.1 (42%)
5th: 19/20 1.2 (59%)
4th: 23/24 1.4 (48%)
3rd: 20/21 1.4 (53%)
2nd: 22/23 1.7 (48%)
1st 24/25 2.0 (50%)
Wait till the season ends mate😂😂
Bottle it Like Bukayo fanboy and Phil Foden hater Dry Lunch back again with more desperate & worthless stats for The Failed One
Here's the one that only matters
Sakas seasons in trophies won
2018/19 - Nothing
2019/20 - Nothing
2020/21 - Nothing
2021/22 - Nothing
2022/23 - Nothing
2023/24 - Nothing
@@7evinmurphy 2024/25 - Nothing
As for arsenal ffp thing I wouldn’t worry legally nothing can be done as borrowing that money before any rule changes have been applied can’t be accounted and penalised for
So does city count than lol plans not arsenals coz im sure they’ve backdated city’s charges from 2009 lol, arsenal united & Liverpool are the clubs pushing for city to be convicted hm.. I wonder why lol
I honestly feel they should allow a team like Newcastle to spend their money.
The Premier League are just changing rules as they go just like the PGMOL😂
Staffy is top bantz and love his passion!
Havertz gets less s**t talked about him than Saka... thats how bad it is.
Havertz has scored more non-penalty goals than haaland this year 😂 let that sink in. Clown
Concentration is part of being a good player
Funny how the tables turn hey my fan base have been screaming out 115 for the past 2 years well well looks like they was skeletons in the closet at the emirates no wonder we’ve outspent y city these last 4 years but let’s not speak on that let’s blame city coz they cheats lol pathetic
This is how bad the Premier league is run, there literally killing their own product, and the pgmol are giving a helping hand
Terry hates that Villa didn’t beat United but Terry support the players yet again
If Micky VDV does his hammy anytime soon i can see Spurs getting relegated no cap
Now small clubs have no chance in the prem as ffp is gunna go out the window
How dare arsenal give 200mil to themselves.
Cough Chelsea 2billion
Chelsea sold and brought back more than half of that money through player sales and Roman forgave their debt
🤡🧇👍
@@18yards-r5bwhy not just correct it?...
How dare chelsea give 900million to themselves.
News flash!! Ineos view Ted Lasco for insight into what to do.
It's outrageous if the new rules negatively affect Arsenal. Just as we are seeing some progress. Bang 😠
You can’t tell me the Premier League ain’t corrupted
City 1-0 Prem. 116-0 soon come 🙏💙
Thick fans city eh😊
You Mam sound like a Democrat that is ok with Lying, Cheating, And Stealing.
Everyone has to answer! No Matter they Answer!
@@blueviper3861Hey its my mate mr blue diper how are you doing
@@blueviper3861 nothing to cry about city are destroying the red cartel on and off the pitch
130 actually😂
It seems to be an Argentinian thing, to be absolute monsters but lapse of concentration, seen it with Rojo and Martinez, and used to see it with Otamemdi too. Romero isn't any different if anything he's much worse when it comes to these lapses of concentration. It's weird cuz they're amazing centre backs on their day but if I could pick a centre back to have at united I'd be taking saliba I wouldn't even look at a spurs centre back
They call it a slip up but liverpool literally lost tomforest at home
As I kept on saying the PL n PGMOL need investigating
Playing against 10 men is not easier than playing against 11 men if those 10 men are all sitting in their own half or own box in a deep block.
Chelsea didn't even play badly. Forest keeper earned them a point. That's it's.
Rival fans are celebrating the draw because they are rattled by how good Chelsea are.
How comes forest have more shots on goal than Chelsea even with ten men
@FatumaMfaki Doesn't watch the game and looks at one stat. What a dumb ass way to analyse a game.
@@FatumaMfaki Because unlike the bottlers Forest have fight and don't park the bus
Time for Stan to bring the in-laws in.....Walmart shirt sponsorship
Spurs could've been 4-0 at the time and they would still have lost 5-4
Them 2 small North London trophy dodging clubs never learn Dry Lunch
If Arsenal lead the EPL for 99% of the season and and not 93% they would still of bottled it.
Phil Foden said it best after the Euro final shootout against Italy, "I'm not surprised we lost and tbh i'm hugely disappointed that Gareth insisted on Saka taking a penalty over me and Cole Palmer. But credit to Harry Maguire & Harry Kane for scoring theirs"
And that's why 18 trophy winner Mr Foden was voted POTS again.
Bless him xx
Did they win ?
This show needa to either change its name or get actually fans from actually top 6. United have been top 6 for 2 seasons now
they finished 8th and 3rd the season before that
Sakas my favorite player but to say he cooked is insane. Without his g/a I thought he was poor against Southampton based on what I saw. Using stats no one mentions 0 dribbles completed, 0 accurate long balls, 3/11 on accurate crosses, 7 shots 4 blocked and 1 off target, he was dispossessed twice and he wasn’t tracking back when he lost the ball either. I thought the whole team was poor and we “dominated” the first half but had 1 shot on target. Criticizing the team even when we win isn’t hate.
I tell u what can’t fly…..a kangaroo.
Why didn’t your bring Hamza 😂
Football is definitely dead. There's gonna be zero excitement if some academy players break through the first team and becoming a great player at their boyhood club, bcs just buy already proven WC players if their owners is rich.
I reckon Jim Ratcliffe will be rooting for man city because if they do come through all these charges unscathed then it won't be long before other rich ownerships take advantage. I imagine INIOS will then be our shirt sponsors for hugely inflated price and help pay the debt off plus INIOS could sponsor the new United stadium, Newcastle also will benefit and others. If we all step back from our clubs and ask ourselves Is it good for football as a whole ? I doubt it is good for football
Ineos have shareholders who don’t give a crap about Jim’s little play toy. They wouldn’t allow over the value deals to be done as it affects their holdings in Ineos. Jim would need to use his own money not that of Ineos.
How did city win if they lost 7 of the 11 key points in the case!
I quote @shutthepuck...
Things city lost:
1. Challenge that APT rules are illegal
2. Challenge that design, framework and implementation is unlawful
3. Challenge that the rules are unclear
4. Challenge that PL is discriminating against them
5. Challenge that the rules are unfair
6. Challenge that City should be privy to the data used to evaluate FMV
7. Challenge that two commercial deals should be allowed
Things that city won:
1. Low/zero interest roles from shareholders should be included in the APT rules
2. Burden of proof should be on PL to show if a deal is/is not fair market value (FMV)
3. PL should have been faster in assessing the two commercial deals that were rejected
4. City can resubmit those two deals for reassessment, so PL can follow the proper timescale and procedure regarding communicating the process to City as they go along
That's a very normal strategy in any trial. Always go for more than you want. City didn't had any problem with other points because their deal didn't had to do with other points. They were challenged as a diversionary tactic. Their deal fell off because of those 2 points and now they can claim compensation from PL for it because they won and go on to sign that Etihad Airways and another Abu Dhabi related deal once again. Other points don't stop them from doing so.
@@theach84 because city’s whole argument was to prove that the premier league have been unlawful, something we proved on multiple counts.
Exactly, the Premier League released their statement. The dispute was about two sponsorship deals. ATP rules are still here to stay. City have won nothing lol
@@liverpool_fc_tvbut why do you see city fans claiming they won? When the actual main APT was ruled as legal and necessary.
All i see is city claiming victory everywhere.
UgArte wasn’t 50 million
How mang FA CUPS n premiere leagues have Liverpool won. Yes arsenal not won anything for mang years but they are one of the nost successful clubs in football history 😂
Arsenal have won a league title in every decade since 1930 (except the 60s) and we hold the record for the most FA cup wins currently 14 ! Are you even a football fan ? 🤡😂😂
21 years without a PL title
32 years without Carabao Cup
30 years without a European Cup
5 Years without an FA Cup
Never defended a PL title
0 UCL, 0 Europa, 0 Super cups & 0 Club World Cup in 138 years
The Arsenal fanbase has the audacity of Real Madrid, but in reality they’re closer to Blackburn just with stat padded FA cups & Community Shields
Yeah but no ucl therefore Liverpool is bigger
If your talking History LFC have 19 league titles and 6 European cups 8 FA cups 10 League Cups 3 UEFA cups 4 super cups and 1 world club championship 🤷.
Liverpool are the most successful club in England, very closely followed by Manchester United.
Arsenal are in 3rd I believe but sure Chelsea with their European titles would have something to say 😂😂
@bwinnysm8546 lol it dont make you bigger because youve won CL ffs. Arsenal have double the trophies Liverpool have. Yes they have better europe success
The ruling family of Abu Dabi (City) are the richest family in the world.
Maybe but the pif who own Newcastle are worth almost 1 trillion
Football has been about money from the go. The priblem now is that people who dont understand the dealings buy ring light and camera and waffle for 30mins about something they dont know about and act like they are saying facts
KSE should just get the lawyers to sue the premier league to say the loans were made before the rules changed and the interest rate is already locked in
Don't worry KSE are the money accountants FC. We all know how stingy they are with money, they'll sort it out. But that IF premier do change the APT rules and as it stands they haven't changed it. And if they do change the rules arsenal should be giving leeway or time to resolve the matter considering the changes it immediate and also do what you just mentioned
Cole palmer is a baller but it wasn’t his touch, it came off the defender
Top 6 panel villa represetative, not sure y spurs fans on here
You all together are small % os Newcastle but just because they are more transpar3ntly shown as state owned club (Saudi), but it's no different just not so transparent regarding city wich is a lough. PSG same only Qatar. Everton was state backed in % of share
YET AGAIN no jordz or dan to show their face after a spurs collapse
Arsenal is sweating 😂
If manky115 win their legal case then it's time for all the non UAE pif clubs to leave and form a new straight league
Cry harder 😂
Do you think you'll ever leave Clerkenwell who will you just rot there?
Arsenal fan upset that his club voted for illegal rules
Arsenal fans upset small clubs don’t have a chance anymore not just us thou
Net spend is real . What the f is Terry on about ?
Summary of the decision
Competition law
Manchester City brought a wholesale challenge to the legality, design, framework and implementation of the APT Rules. The club was unsuccessful in the majority of its challenge. Significantly, the Tribunal determined that the APT Rules are necessary, pursued a legitimate objective and were put in place to ensure that the Profitability and Sustainability Rules (PSR) are effective, thereby supporting and delivering sporting integrity and sustainability in the Premier League. The Tribunal noted that "it is difficult to see how the PSR can be effective" without the APT Rules, including the ability to restate transactions.
In particular, it found that there was sufficient evidence to justify that the previous regime (whereby "related party transactions" could only be restated by the Premier League Board to FMV where they had first been identified in the club’s audited accounts) was ineffective in controlling APTs. Therefore, it was necessary to move to a system that allowed for assessment, by the Board, at the point of the transaction itself.
The Tribunal rejected a range of arguments put forward by Manchester City relating to the framework of the APT Rules including:
- It agreed with the Premier League that if the price of an APT is evidently not at FMV, competition will be distorted as the club would be benefitting from a subsidy.
- It found that the APT Rules include appropriately detailed criteria as to the determination of FMV and that the process for assessment of FMV is a clearly defined, transparent and non-discriminatory one (as required by competition law).
- It rejected Manchester City’s argument that the object of the APT Rules was to discriminate against clubs with ownership from the "Gulf region".
- More generally, except in two respects only (addressed below), it found that Manchester City’s arguments were unfounded, including on any alleged inconsistency in approach as between certain types of clubs
The Tribunal made two findings in favour of Manchester City:
- That Shareholder loans should not be excluded from the scope of the APT Rules. By way of background, the exclusion of Shareholder loans from the APT Rules was a choice by the majority of clubs who wished to encourage transparent investment and 19 of them (including Manchester City) voted in favour of this approach.
- Second, that a limited number of amendments introduced to the APT Rules earlier this year should not be retained. In particular, the Tribunal found that the removal of the additional word "evidently" from the basis on which the Board will find an APT not to be at FMV, amendments to the definition of FMV, and shifting the burden of proof to a Club to show a transaction is at FMV could, when considered together, increase the risk of an APT being restated when a restatement is not, in fact, warranted (referred to in the decision as "false positives").
The Tribunal emphasised in its decision that it is only these two aspects of the Rules that are not compliant with competition law requirements.
Public law
Manchester City also challenged the procedural fairness of the APT Rules, both on a structural basis and in respect of its application to a number of specific Manchester City transactions. The Tribunal found in the Premier League’s favour on the majority of the points, including the following:
- The Tribunal recognised that the APT Rules are a carefully drafted scheme which were the product of detailed negotiations by the clubs.
- It noted that the use of an independent assessor, selected for its expertise and independence, confirmed the fairness of Premier League’s general approach to the FMV process.
- It rejected Manchester City’s arguments that it should be entitled to directly access the Databank at any stage through its external advisers as part of the FMV Assessment process, and it also rejected Manchester City’s arguments that the League’s Regulatory Team lacked the necessary independence or were "biased".
However, the Tribunal made one finding in favour of Manchester City:
- The Premier League Board should provide clubs with Comparable Transaction Data relied upon by the Board when undertaking FMV Assessments, prior to the Board making a final determination that a transaction is evidently not at FMV (rather than at the Section X appeal stage).
Application of the Rules to Manchester City transactions
The Tribunal was asked by Manchester City to consider decisions taken by the League in respect of the FMV of two of its commercial transactions where the Board, after conducting the assessment required by the APT Rules, had found those deals to be evidently not at FMV.
The Tribunal dismissed the majority of Manchester City’s challenges in this respect. In doing so, it recognised that the Premier League Board had assessed these transactions carefully and conscientiously and applied the correct legal test.
The Tribunal also concluded that the Board’s FMV Assessments of those transactions were not unreasonable. Nonetheless, from a procedural perspective, it identified certain information that should have been provided to Manchester City at an earlier stage of the assessment process. Manchester City has already been provided with this information in respect of these transactions and has been invited to make further submissions in relation to it. Although the Tribunal noted that these FMV Assessments should have been conducted more speedily, it recognised that the delays had been due to a number of constraints which the League’s Regulatory team and the independent FMV assessor were working under and have been resolved.
Next steps
As the Tribunal has concluded, the APT Rules must now integrate the assessment of Shareholder loans and remove some of the amendments made to APT Rules earlier this year. Otherwise, the Premier League rulebook has been found to comply with competition and public law standards and is an effective and necessary system for assessing the FMV of APTs to ensure the integrity of the League’s Profitability and Sustainability Rules. We are conducting a process that can allow the League and clubs to enact those specific changes quickly and effectively.
Wait... Liverpool & Arsenal Champions Win? That Makes 0 sense. Arsenal has won JACK SHYTE the last 5yrs.
Never, NEVER put Liverpool, Arsenal, & Champions in the same Sentence! That's Disrespectful to Liverpool and the word Champions FFS!
Alright calm down mate
Are you new to the terrace? 😂
Calm down 😂😂😂
@@RenegadeMaster137 if I were any Calmer I might either be in a Coma or Dead!
Neither of which you want!
You think football was invented with the conception of the premier league ? 😂😂
Thank god we won the case against the 115 charges and it all over. Everyone thought we gonna get relegated and stripped of our trophies but we won haha
Not fully over mate
That wasnt about the 115 this was totally different
Are you stupid?
Amazing how Don is nowhere to be seen whenever Chelsea drop points isn’t it 🫣