Manchester City's victory in key aspects of their legal battle with the Premier League could have far-reaching consequences
Manchester City may not be alone in seeking damages from the Premier League after an extraordinary legal victory that leaves all 20 Premier League clubs wanting answers.
In that respect, City may have some new friends in the Premier League - those who were unwilling to go up against the league directly but will benefit from the Blues doing so. Six clubs opposed the amending of APT rules in 2023 so the good will towards City may extend beyond Newcastle and Chelsea, who supported City's claim.
"The whole point of the PSR is to ensure that no club is able artificially to inflate its income or reduce its costs. In our view, having regard to the economic and legal context and the objective of the APT Rules, to permit owner funding via shareholder loans that are not at FMV, while subjecting other forms of funding to the FMV test, is a clear distortion of competition between clubs.
In making their point, City brought one of their biggest rivals into their argument by pointing out that Arsenal were one of the main beneficiaries from this. "MCFC alleges that there is a potential for distortion in this market by reason of the fact that the APT Rules do not apply to shareholder loans and will therefore incentivise shareholders to make loans as opposed to purchasing new equity, which favours clubs with better access to loans from shareholders," the report reads.
Man City Premier League Charges
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