Manchester City is subsidized through Chelsea, Aston Villa and Newcastle United as they prepare their groundbreaking legal action against the Premier League. On Tuesday, he announced that champions were taking action against the government over existing rules on Transactions between Associated Parties (APTs). , which restrict the business profits that clubs can make from a company with which they have a connection.
In an explosive statement, city officials said the existing formula was due to “discrimination” against clubs whose owners came from the Middle East and meant a “tyranny of the majority. “
The regulations were introduced following Saudi Arabia’s acquisition of Newcastle in November 2021.
A two-week hearing begins on Monday, which could significantly replace the landscape of top-tier clubs. The case is absolutely separate from the 115 charges brought against City for allegedly violating Financial Fair Play rules.
According to the Daily Mail, rival Chelsea have subsidized Khaldoon Al Mubarak’s club in their bid to claim compensation from the Premier League. The London club has a sponsorship agreement with Infinite Athlete, a company whose investors come from the club’s co-owners, Todd Boehly. and Behdad Eghbali.
Chelsea reportedly filed her own challenge to the TPA rules. Reportedly, they argued that more clarity was needed on the process of ownership of various clubs.
The one between Villa and Newcastle is not a surprise either. The villa’s co-owner, Nassef Sawiris, a native of Egypt, is Al Mubarak’s best friend and is also said to be frustrated by his club’s restriction of movement revenue.
Newcastle bosses are also still surprised by the delay in their acquisition process. The saga has become famous after the deal stalled in the first place, with Saudi fund PIF making accusations of misplaced conduct against top executives.
However, between 10 and 12 clubs are said to have also donated their funds to the Premier League. Manchester United is said to have led an organisation of clubs that provided witness statements or letters.
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In addition, City are also defying the Premier League rule that 14 clubs will have to accept a proposal before it can be turned into a deal. In recent years, clubs have voted in favour of concepts such as more substitutions and the implementation of VAR. .
Last month, City won their fourth straight league title under Pep Guardiola’s name. This is the seventh elite name won by the club since the takeover of Al Mubarak in 2009.
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