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10-08 02:07
"The verdict is in, and it's a huge win for Manchester City! The club has successfully overturned the APT rule in the Premier League, which means big implications for teams like Everton, Arsenal, and Liverpool.
The focus of the argument was the inclusion of shareholder loans in the APT rule. Currently, these loans are not covered by the regulation. Some argue that since these loans come directly from the owners and are transparent, they should be treated differently from inflated commercial revenues.
Manchester City argued that these loans are indeed APT transactions as they come directly from shareholders and are either interest-free or low-interest, therefore not reflecting fair market value.
Let's take a look at the shareholder loan situations of various clubs:
1. Everton: £451 million
2. Brighton: £373 million
3. Arsenal: £259 million
4. Chelsea: £146 million
5. Leicester City: £132 million
6. Bournemouth: £115 million
7. Liverpool: £71 million
8. Wolves: £65 million
9. Brentford: £61 million
10. Crystal Palace: £38 million
11. Leeds United: £28 million
12. Nottingham Forest: £23 million
13. Aston Villa: £10 million
14. Fulham: £1 million
Southampton, Manchester City, Manchester United, Newcastle, Tottenham, West Ham: £0
This ruling sets a precedent and could have significant financial implications for many clubs. As the dust settles, it will be interesting to see how this decision shapes the future of financial dealings in the Premier League."
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