November 22, 2024 Meet the Middle East

Premier League clubs approve changes to 'associated party' sponsorship rules

Premier League clubs voted to amend sponsorship rules on Friday despite calls from some clubs, including champions Manchester City, to delay any agreement.City challenged the league's associated party transaction (APT) rules, which assess whether deals between clubs and entities linked to their ownership represent fair market value, on competition law grounds earlier this year.Since a takeover from Sheikh Mansour bin Zayed Al Nahyan, vice president of the United Arab Emirates, in 2008, City have become the dominant force in English football.
Source: Al Monitor
Full Article: Premier League clubs approve changes to 'associated party' sponsorship rules