By James Robson
Manchester City and the English Premier League both claimed victory on Monday after one of the league’s key regulations relating to financial fairness were challenged.
Four-time defending champion City and the league said they “welcomed” the findings of an arbitration panel. City said the regulations were found to be “unlawful” and the league “abused its dominant position.”
The league said the tribunal found the rules to be “necessary” and “rejected the majority of Manchester City’s challenges.”
The regulations in dispute, the Associated Party Transaction rules, are designed to ensure fair market value is applied to commercial deals with organizations closely aligned to club owners, and safeguard the “competitive balance” of the world’s most popular soccer league.
City said in a statement, “The club has succeeded with its claim: The Associated Party Transaction rules have been found to be unlawful and the Premier League’s decisions on two specific MCFC
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