Manchester City took legal action against the Premier league by the rule that regulates transactions between clubs and companies of the same owner, since the club has links with the United Arab Emirates.
strong decision
“Approximately a third of Manchester City’s sponsors, including, for example, Etihad, which gives its name to the stadium and is the main sponsor of the shirt, come from the United Arab Emirates, the country that has controlled the club since it bought it in 2008” , says the AFP agency.
And he adds: “The current regulations imply that, for a club to reach an agreement with a company of the same owner, the agreement has to go through an independent commission that determines that it is at the market price, so that no costs are incurred. financial doping.”
The agency warns that “the rule came into effect in December 2021 when the Newcastle UnitedEdit It was bought by Saudi Arabia. At that time, in the Premier League vote, which establishes that fourteen votes are necessary for an initiative to go ahead, City abstained and Newcastle voted against.”
This legal action comes one year and four months after the Premier League accused Manchester City of 115 financial irregularities committed between 2009 and 2018, which the club denies, AFP stated.
#Manchester #City #couldnt #anymore #sued #Premier #League #tremendous #legal #mess #coming
