UK’s Manchester City Football Club partially succeeded in a legal challenge to Premier League rules banning inflated sponsorship deals from companies linked to the soccer club’s wealthy owners.
The club, however, still faces 115 separate charges of breaking financial rules in the top tier UK league. Clubs found to have misrepresented financial transactions or managed their spending poorly face consequences, including points deductions that could result in relegation to a lower league.
An independent tribunal Monday ruled the Premier League unfairly blocked two of Manchester City’s sponsorship deals from Etihad Aviation Group and the First Abu Dhabi Bank, both based ...
Learn more about Bloomberg Law or Log In to keep reading:
Learn About Bloomberg Law
AI-powered legal analytics, workflow tools and premium legal & business news.
Already a subscriber?
Log in to keep reading or access research tools.