Manchester City Football Club has emerged victorious in its dispute with the Premier League over the Associated Party Transaction, APT rules.
The ruling came after the publication of the Rule X Arbitral Tribunal Award, which found several aspects of the Premier League’s handling of the APT regulations to be unlawful.
In a statement released by the club on Monday, it expressed gratitude to the members of the Arbitral Tribunal for their work and considerations and welcomed the findings.
“The club has succeeded with its claim: the Associated Party Transaction (APT) rules have been found to be unlawful, and the Premier League’s decisions on two specific MCFC sponsorship transactions have been set aside.
“The tribunal found that both the original APT rules and the current (amended) APT rules violate UK competition law and the requirements of procedural fairness,” the statement said.
The tribunal criticised the Premier League for its application of the APT rules, stating that the rules were structurally unfair and that the league was specifically unjust in how it applied those rules to the club in practice.
This resulted in specific decisions by the Premier League regarding Manchester City’s sponsorship transactions being set aside.
The tribunal also found that the rules were discriminatory in how they operated because they deliberately excluded shareholder loans.
The statement added, “As well as these general findings on legality, the tribunal has set aside specific decisions of the Premier League to restate the fair market value of two transactions entered into by the club.
“The tribunal held that the Premier League had reached its decisions in a procedurally unfair manner.
“The tribunal also ruled that there was an unreasonable delay in the Premier League’s fair market value assessment of two of the club’s sponsorship transactions, and so the Premier League breached its own rules.”
![Rev. Fr. Anthony Odiong, a US-based Nigerian Louisiana Catholic priest, was arrested in Florida on Tuesday for possessing child pornography, according to law authorities. The suspect is reportedly accused of many other cases of sexual assault. The Waco, Texas, Police Department announced in a Facebook post on Tuesday that officers detained Father Anthony Odiong in Ave Maria, Florida, with assistance from the United States Marshals Service. Waco police announced in March that they had received "credible information" about a sexual assault allegedly committed by Odiong in Texas in 2012. “During the subsequent investigation, a case of possession of child pornography was uncovered,” the police said. The priest was apprehended in Florida by the Caribbean Regional Fugitive Task Force. The Waco Police Department said that he will be extradited to Texas. Odiong had previously served in the Archdiocese of New Orleans before being removed as priest in December of last year due to controversy over homilies in which he claimed, among other things, that the Catholic Church was being taken over by "the gays." At the time, the priest was also accused of abusive behaviour; a Louisiana lady claimed in U.S. bankruptcy court that Odiong had committed both financial and sexual abuse against her. Prior to joining the New Orleans Archdiocese, Odiong served in at least two Texas parishes. On Tuesday, Waco police stated that during their sexual assault investigation, "the presence of other survivors was revealed." “Multiple women have come forward to tell similar experiences as the sexual assault survivor who reported the initial allegation,” the police department said. “Survivors’ experiences ranged from sexual assault and indecent assault, more commonly recognised as groping, and financial abuse, with some survivors experiencing every element of Anthony Odiong’s manipulation.” The police said they “believe there may be more survivors, and we wish to speak with anyone who [has] had similar encounters” with the priest. The Archdiocese of New Orleans issued a brief news release on Tuesday noting Odiong's arrest in Florida. The archdiocese “encourages anyone with any information to contact law enforcement,” the release said.](https://chronicle.ng/wp-content/uploads/2024/08/ezgif-6-4730550ede-450x300.jpg "Odiong: US-based Nigerian Catholic priest convicted over sexual assault")