The Athletic FC Podcast
Premier League APT changes - what does it all mean?
Nov 26, 2024
In this discussion, football reporters Matt Slater and Jacob Whitehead dissect the recent amendments to the Premier League's associated party transaction rules. They delve into Manchester City's opposition and the implications for competitive fairness. The conversation covers the strategic financial maneuvers clubs use to adapt to changing regulations. Slater and Whitehead also explore Manchester United's distinctive ownership challenges and how other teams are navigating the evolving financial landscape, shedding light on the intricate dynamics within the league.
50:17
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Quick takeaways
- The recent APT rule amendments reflect the Premier League's urgency to uphold competitiveness, despite opposition from clubs like Manchester City.
- Changes to shareholder loan evaluations will compel clubs to reassess their financial strategies, impacting their future financial sustainability and governance.
Deep dives
Changes to Associated Party Transaction Rules
Recent amendments to the Associated Party Transaction (APT) rules within the Premier League have sparked considerable debate among clubs. Manchester City opposed the changes, believing that the Tribunal's findings from earlier arbitration indicated that parts of the rules were anti-competitive and could not be quickly amended under the blue pencil test. The Premier League, however, deemed that swift updates were necessary to maintain competitiveness and ensure compliance among clubs. This apparent rush to implement changes led to a vote that required a two-thirds majority, which was successfully achieved, showcasing the Premier League's confidence in its ability to govern its own financial regulations.
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