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EFE
Updated
The Premier League will have to Assume the legal costs of judicial defeat against Manchester City for the overthrown regulations of associated companies And I could have to pay even 20 million pounds (24 million euros).
You expect that An independent court assess process coststhe City will ask the Premier to assume what the club spent on lawyers, in addition to what the premier already paid for his own, in a figure that the British newspaper The Times Calculate about 20 million pounds.
In February, a court decided that the current rules of the Premier relating to The agreements with associated companies – That is, those that are carried out With the same club owner-, they were “null and illegal” and went against the United Kingdom free market law.
These rules were taken by the Premier in the late 2021 for prevent the Newcastle United benefiting from contracts with Saudi Arabiawhich had just taken the club through its investment fund, to inflate its budgets.
The Cityafter winning this judicial battle, asked that all regulations be declared invalidbut the Premier managed to get a version of it with several changes with the support of 16 of the 20 teams in the competition.
Now, these changes are also under the legal magnifying glass of the City, which assures that they give clubs like Arsenal not to assess with the same precision and scrutiny the loans from the owner of the club as the contracts with associated companies.
These legal processes carry some huge financial expenses that the City expects to be assumed by the Premier.
According to The Timesthe Premier already spent 50 million pounds on legal matters last season, six times more than budgeted, for His legal battles with Chelsea, Cityin the case of the 130 financial irregularities, Everton, Nottingham Forest and Leicester City.
