BREAKING: Manchester City LOSE Landmark Premier League Sponsorship Vote—–The Premier League have approved changes to Associated Party Transaction (APT) rules after a crunch summit.
On Friday morning, top-flight sides gathered in London before voting in a ballot over the Premier League rules.
The competition had been forced to act after an independent panel found sections of the existing rules on associated party transactions (APTs) – deals between clubs and parties linked to their owners – to be unlawful after a legal challenge from City.
However, the champions called on clubs to vote against the amendments, accused the Premier League of rushing its consultation and raised the prospect of further legal action should they be enforced.
Yet the Premier League champions were dealt a blow after the English top-flight voted to approve the changes to ATP rules.
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