Tag: financial

25 September 2024 Off

Premier League spent £45m in legal bills in financial regulation disputes last season

By Total Football News

The Premier League has warned its clubs that it spent more than £45m on legal bills last season due to various disputes over its financial regulations.

The figure is contained in papers sent to clubs ahead of a shareholders’ meeting on Thursday in central London.

The league has been embroiled in a series of investigations, disciplinary arbitration processes, and appeals. Cases have involved Manchester City, Everton, Nottingham Forest, Chelsea and

…
4 June 2024 Off

Man City launch legal action against Premier League over financial rules

By Total Football News

Manchester City are due to face the Premier League in a legal battle over the organisation’s commercial rules next week.

BBC Sport understands an arbitration hearing surrounding the legality of the league’s associated party transaction (APT) rules, which determine whether sponsorship deals are financially ‘fair’, has been set for 10-21 June.

In February, BBC Sport reported the Premier League was being threatened with legal action over changes to its rules.

…
21 March 2024 0

Leicester City: Premier League charges Championship club for alleged breaches of financial rules

By Total Football News
Breaking news

Leicester City have been charged by the Premier League for allegedly breaking spending rules during their last three seasons in the top flight.

Leicester have been referred to an independent commission for breaching profit and sustainability rules (PSR) and failing to submit audited finances.

If found guilty, Leicester could face a points deduction.

The Championship leaders are also subject to a separate financial probe by the English Football League (EFL).

…