Manchester City and the Premier League have settled their dispute over the rules governing commercial deals.
City have accepted that the current rules for ‘associated party transactions’ are “valid and binding”.
The Etihad Stadium club had launched arbitration proceedings on January 20 against the current rules, which are designed to ensure that deals between teams and entities linked to their ownership are done at fair market value.
City’s challenge was understood to have included criticism of the way the Premier League treated shareholder loans under the rules.
The APT rules were originally introduced in December 2021, following the Saudi-led takeover of Newcastle earlier that year.
Those rules were successfully challenged by City last year, with a tribunal finding them unlawful on multiple grounds, including the fact that they excluded shareholder loans from fair market value assessments.
That led to the Premier League consulting with clubs on amendments to the rules, with 16 teams voting in favour of the amended rules at a meeting last November.
