Arsenal - and a host of others – could be forced to hand over key and sensitive financial information following a demand from Manchester City.
As City’s war with the Premier League continues, Mail Sport understands that lawyers acting for the club have requested that the competition invokes one of its own rules and force a group of clubs which also includes the likes of Brighton and Everton to provide detail on loans they have received from their owners.
City want to then use the information in their latest battle with the competition over its amended rules on sponsorship deals.
They say that new regulations on Associated Party Transactions (APTs) – introduced by the Premier League after City successfully had the previous version deemed null and void – continue to discriminate.
Their view is that shareholder loans, which often feature favourable or zero interest rates, give clubs who receive them, such as the Gunners, an unfair advantage as they are not subject to the same scrutiny as other commercial deals.
All clubs have been informed of the request and will now face a wait to find if they have to comply. The likelihood of that being the case may well have caused a headache for the powers-that-be at the Emirates as they prepared for tonight’s Champions League semi-final against Paris Saint-Germain.
Arsenal benefitted from £259m worth of shareholder loans in 2022-23 while, in 2023, Liverpool owed owners FSG £71.4m. Brighton benefitted from shareholder loans of around £406.5m in 2021-22 while Everton’s figure for 2022-23 was £450m.
An independent panel, which previously ruled in City’s favour, is set to consider the matter at a hearing in mid-October.
Ahead of that date, representatives for City have asked the Premier League to use its Rule B18 which states that clubs ‘shall comply promptly with any request for information’.
After their previous victory, City warned the competition against effectively tweaking rules on APTs, which are commercial deals with groups linked to clubs’ ownerships. They have now carried through on their threat to take legal action against them. Following their initial success, clubs were hit with a bill of more than £20m.
The case is separate from the hearing into allegations that saw City charged with 115 alleged breaches of the Premier League’s financial rules. A verdict may not be delivered until next Spring.
Should City again emerge successful the Premier League could see its financial rules thrown into disarray once more with its clubs hit with another hefty legal bill.
The Premier League declined to comment.
Yutacnsy
0
City is above all of them
you are a kid and you are forgiven for this idiotisy. the only thing that makes your club relevant if the Dubai sugar daddy money, so stop bragging stupidity.clown🤡
Dapcmostz
4
City is above all of them
Feilds
4
The PL & its puppet Clubs will regret ever picking a fight with Man City. 💪🩵
Travis_10_250
1
silly mancityy
jebiorsu
1
silly mancity
Maubcptuyz
2
Sign that they losing the case,they want to drag other teams into their mess,the fan is burning 🔥
Arnoldsembatya66
0
city 4 lyf u have failed to win trophies also u are commenting 😂😂😂😂😂😂
Boss0987
7
The EPL has been biased against City for a long time. City is utilizing discovery to gather evidence and information from other clubs to support their argument and demonstrate the hypocrisy of the EPL.
zewdioruyz
0
City have more issues and are adding to it every day
stay in your lane or get knocked...
kidabdiklo
1
In other words, City got caught stealing and now it wants other teams who it suspects of stealing, should be investigated and brought to justice as well. Ain't that a bi#%h's move?
No can't be City only club that cheat so provide evidence then will charge later please
zewdioruyz
2
please find solutions to city problems arsenal is decent club stop running your mouth 👄 on them
in today's world there is no decent club when it comes to Financials... the clubs supporting the FA are the biggest thiefs
miguelbumba
1
In other words, City got caught stealing and now it wants other teams who it suspects of stealing, should be investigated and brought to justice as well. Ain't that a bi#%h's move?
jipceiloyz
1
please find solutions to city problems arsenal is decent club stop running your mouth 👄 on them
jipdloptz
1
if you are not giving up it mence you know that you're a winner that's my city
SonOfPep
1
City have more issues and are adding to it every day
This battle even FA can't defend PL. Man City have a clue and money to win it
Yaeblpru
0
City have more issues and are adding to it every day