Man City v Premier League: Stefan Borson shares ‘exclusive’ update today
The Premier League has seen its amendments to the associated party transaction (APT) rules approved by the FA board following the recent legal battle with Manchester City.
That is the view of former Man City financial adviser Stefan Borson, who exclusively told Football Insider that information is currently still an “exclusive” as the rule changes are yet to appear on the Premier League website.
Man City took legal action against the Premier League regarding the APT rules at an arbitration hearing in June, with two aspects of the regulations deemed unlawful when the panel published its findings in October.
The Premier League issued proposed amendments early last month that were approved by the top-flight clubs at a meeting in London on 22 November.
Borson revealed on 10 December the new rules have now been approved by the FA board.
Premier League haven’t included any surprises after Man City case
But he admitted there aren’t any huge surprises after reading through the latest changes.
He told Football Insider: “It’s still a bit of an exclusive that because I don’t know where they are on the Premier League website aside from the link that I got sent.
“If you go to the Premier League publications, which is where the rules are usually situated, they are not there.
“The handbook that’s still on the publications tab remains the 25 July 2024 version as opposed to the version that I analysed and that we now know exists and was approved by the FA board in their December board meeting, which I think happened last week.
“They usually put a short statement on the FA website of what was agreed at the board meeting, but they haven’t yet said what they discussed at the December board meeting.
“But we know for sure that they approved the Premier League changes. The Premier League votes on changes to the rules and the FA then effectively has to sign them off. Those rules are now in place.
“There isn’t a huge surprise in the set of rules. We knew the substance around shareholder loans, so they are in.
“We do know the shareholder loan costs for the clubs, so the percentage of interest that’s going to be payable on a fair market value and also any fees that will be assessed by the Premier League board in a broader sense.
“There is not going to be any fixed rates, so it could vary between clubs.
“I suspect shareholder loans will be a thing of the past, but we will see about that.”
In other news, Man City accelerate plan to sign Bruno Guimaraes.
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