Manchester City takes legal action against Premier League for financial regulations | Business News

Manchester City is set to take legal action against the Premier League over its financial rules, with a legal challenge scheduled to be heard on Monday. The basis of the claim revolves around associated party transaction regulations, which govern commercial deals between a club and other corporate bodies linked to club owners.

The rules, aimed at ensuring a level playing field among elite English teams, were introduced in December 2021 following the Saudi-led takeover of Newcastle. Manchester City, owned by Abu Dhabi sovereign investors, has expressed opposition to the tighter regulations.

The club, fresh off a record-breaking fourth consecutive Premier League title win, is already contesting 115 charges of breaching Financial Fair Play rules. The legal battle adds another layer of complexity to the ongoing financial scrutiny faced by the club.

Stay tuned for updates as the legal challenge unfolds, and watch this space for reactions from both the Premier League and Manchester City.

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