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Why Manchester City thought Arsenal were going to receive a punishment from the Premier League
Manchester City and the Premier League are at one another’s throats at the moment as they continue to debate a number of ongoing financial issues.
City’s legaဣl team have been fighting tooth and nail to clear their name amid their 115 charges, while a number of othe🥂r issues have also come to light over the past few weeks.
Manchester City did receive a boost this week as an ꦿarbitration panel ruled in their favour regarding associated party♛ transactions.
There were a number of ꩵinteresting outcomes from this tribunal, but perhaps 🌃one of the most intriguing points was around shareholder loans and sanctions attached to those investments.
Indeed, this tribunaꦬl found that shareholders’ loans should not ♛be excluded as a part of the rules regarding third-party transactions.
“That Shareholder loans should not be excluded from the scope of the APT Rules. By way of background, the exclusion of Shareholder loans from the APT Rules was a choice by the majority of clubs who wished to encoꦕurage transparent investment and 19 of them (including Manchester City) voted in favour of this approach,” The statement read.
Speaking on the Premier League All Access Podcast, Alex Cr🍌ook and Sam Matterface have been discussing Manchester City’s ongoing tribunal.
Crook noted that Manchester City believed that Arsenal and Brighton would be affected by this rule change, but, in fact, that 🔯will not be the case.
- READ MORE: FIFA rule change could impact Kevin De Bruyne co🅷ntract talks as Man City and Chelsea take note
Manchester City thought Arsenal were set to be punished by the Premier League
Crook and Matterface discussed the🍃 findings of this tribunal, claiming that City be🐟lieved Arsenal were set for punishment.
Luckily for Arsenal, these rules will not be applied retrospectively, so their 🥃shareholders’ loans aren’t going to be a cause for sanctions.
“The big win for City is the shareholders’ loans aspect and I can understand that,” Crook𓆉 said.
“That’s not a massive win because they were changing it anyway, they had to because they’re adopting UEFA’s system in 18 months’ time, that would already be the case, and it won’t change anything because it’s not ret♍rospective,” Matterface said.
Crook then added, “That’s the key, the interpretation from City’s side was that there would be possible punishments for the likes🐼 of Arsenal and Brighton who borrowed heavily from their owners, but that clearly isn’t going to be the case.”
How much have Arsenal borrowed?
As Crook says, Arsenal have borrowed heavಌily from their owners in recent times, but just how much have they lent?
According to , Arsenal have borrowed a whopping £258m from their owners in recent years, so it’s easy to understand why City bel🔴ieved they could be under fire.
Luckily for Arsenalꦜ,✅ they appear to have got away with this one, but their future borrowing will have to be curtailed.
As for City, th💝eir battle with the Premier League continues.
🐲City recently asked for another rule change in the Premier League, while interestingly, Wolves were amongst t🍌he teams in City’s corner as thi🤪s APT issue rumbled on.
Football is becoming more and more about business these days, and make no mistake, this isn’t the last we’ve he🏅ard about City’s battle with football’s top authorities.