The press reports that the arbitration hearing for the legal challenge is scheduled for Monday.
News from February stated that the competition was embroiled in legal disputes and had received a warning from a club that modifications to the regulations controlling business transactions between affiliated parties were illegal.
The associated party transaction (APT) norms, which guarantee fair market value in business transactions between a club and other corporate entities connected to club owners, form the core of the claim.
According to a story in The news, Manchester City’s legal team has submitted a 165-page challenge.
The purpose of the expenditure regulations was to guarantee equal opportunities for elite.
English teams by preventing teams from entering into inflated commercial contracts that would allow them to invest even more in players.
Following the Saudi-led takeover of Newcastle, the regulations were initially implemented in December 2021, with the consent of most clubs at the time.
After winning the Premier League for a record-breaking fourth time in a row last month, City is currently defending against 115 allegations of breaking Financial Fair Play (FFP) regulations.
The club, which is owned by Abu Dhabi-based sovereign investors, has previously stated that it is against stricter APT regulations.
We’ve reached out to Manchester City and the Premier League for comments.
