Home Football Premier League clubs approve APT rule changes in blow to Manchester City

Premier League clubs approve APT rule changes in blow to Manchester City

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  • Associated party transaction changes approved by clubs
  • Changes approved by 16 votes to four at London meeting

Premier League clubs approved changes to associated party transaction (APT) rules on Friday in the face of opposition led by Manchester City.

The alterations were swiftly approved by 16 votes to four, with Aston Villa, Newcastle and Nottingham Forest standing with City. Clubs were asked at a shareholder meeting in central London to pass modest changes to rules relating to deals when they generate income from sources related to their ownership.

Continue reading…Associated party transaction changes approved by clubsChanges approved by 16 votes to four at London meetingPremier League clubs approved changes to associated party transaction (APT) rules on Friday in the face of opposition led by Manchester City.The alterations were swiftly approved by 16 votes to four, with Aston Villa, Newcastle and Nottingham Forest standing with City. Clubs were asked at a shareholder meeting in central London to pass modest changes to rules relating to deals when they generate income from sources related to their ownership. Continue reading…