Manchester City
Manchester City and Premier League Both Claim Victory After Ruling on Associated Party Transactions (APT) Released

The Premier League and Manchester City both claimed victory after an arbitration tribunal’s ruling over associated party transactions (APT) was made public. The decision comes at a crucial time, as the Premier League continues to face questions over its financial governance, while Manchester City faces separate charges for breaches of financial rules.
What Are Associated Party Transactions (APT)?
Associated party transactions (APT) refer to commercial agreements between football clubs and entities linked to their ownership groups. These transactions are heavily regulated in the Premier League to maintain competitive balance and ensure transparency. The APT rules have been under scrutiny, especially after Newcastle United’s acquisition by Saudi Arabia’s sovereign wealth fund, and Manchester City’s ownership by Sheikh Mansour of the United Arab Emirates.
Arbitration Ruling on APT: A Mixed Outcome for Both Parties
In this arbitration case, Manchester City challenged the Premier League’s APT rules, arguing that they were anti-competitive and violated UK competition law. The Premier League, however, defended the APT system as essential to upholding fairness and financial sustainability within the league.
Both parties emerged with partial victories. The tribunal upheld the need for the APT system, rejecting most of Manchester City’s challenges, but also ruled that certain aspects of the APT rules were unlawful. Specifically, the panel found that the rules excluded shareholder loans, a point of contention for Manchester City.
Premier League’s Stance: APT Rules Are Necessary for Financial Integrity
The Premier League argued that the APT rules are crucial for maintaining financial balance among its clubs. According to the league, these rules ensure the effectiveness of the Profitability and Sustainability Rules (PSR), which aim to prevent clubs from overspending and jeopardizing their financial stability. The arbitration panel agreed with this stance, finding that the APT rules are necessary to achieve these objectives and protect the integrity of the competition.
Manchester City’s Victory: Shareholder Loans Exemption Deemed Unlawful
Manchester City’s key victory came with the tribunal’s decision that the exclusion of shareholder loans from APT regulations was unlawful. This ruling could have significant repercussions for other clubs, such as Arsenal, Leicester City, and Brighton, which have benefited from favorable shareholder loan terms. If the APT rules are adjusted to include shareholder loans, it could complicate financial calculations and sustainability efforts across the Premier League.
Potential Implications for Other Premier League Clubs
The arbitration panel’s ruling may have broader implications across the Premier League. Several clubs, including Arsenal and Brighton, hold significant loan debt to their owners, and any changes to the APT rules regarding shareholder loans could impact their financial calculations and long-term sustainability.
The Premier League has committed to revising its APT rules and removing the unlawful shareholder loan exemption. These amendments could lead to a more transparent and balanced financial playing field, but they would require the approval of at least 14 out of the 20 Premier League clubs.
Manchester City’s Financial Case Continues
While this ruling has provided some clarity on the APT issue, Manchester City is still embroiled in another legal battle. The club faces allegations of over 115 breaches of the Premier League’s financial rules between 2009 and 2018. This case is separate from the APT ruling and could carry severe consequences depending on the outcome.
Conclusion: The Future of Financial Fair Play in the Premier League
The ruling on associated party transactions brings both victories and challenges for Manchester City and the Premier League. While the APT rules remain mostly intact, the tribunal’s decision regarding shareholder loans could reshape the financial landscape of the league. As the Premier League works to revise its financial regulations, this case will continue to influence discussions on fair play, transparency, and sustainability across English football.
This ruling is separate from Manchester City’s other legal battle over alleged financial rule breaches, ensuring that the club’s financial situation will remain under scrutiny for the foreseeable future.
Manchester City
Pep Guardiola’s Response to Jack Grealish’s Struggles Raises Questions About His Man City Future

Pep Guardiola has dismissed the latest controversy surrounding Jack Grealish’s lifestyle while acknowledging his disappointment over the England international’s challenging season. However, the Manchester City manager remains uncertain about Grealish’s future beyond this campaign.
Grealish, 29, was recently spotted at a social club in the North East just a day after City’s FA Cup victory over Plymouth Argyle. The sighting reignited discussions about his off-field activities. But when asked about the incident, Guardiola refused to be drawn into the debate.
“He’s a public figure, people follow him. I have nothing to say,” Guardiola stated. “A day off is a day off. There’s no training. The players know what’s expected of them, but their private lives are theirs. I evaluate them based on training and their performances on the pitch.”
Despite defending Grealish’s personal choices, Guardiola has been selective in his use of the winger, handing him only six Premier League starts this season. He explained: “I want Jack performing at his highest level, but injuries have held him back. He hasn’t been able to find the rhythm needed to be match-ready every three days.”
Grealish delivered an impressive performance against Plymouth, and Guardiola hopes for greater consistency moving forward. However, when reminded that Grealish’s best league performance of the 2024/25 season came in City’s 3-0 win over Nottingham Forest in December, Guardiola simply remarked, “That was a long time ago.”
As City prepares to face third-placed Forest, Grealish is unlikely to start, with Jeremy Doku preferred on the left wing. Meanwhile, England manager Thomas Tuchel will soon announce his first squad, and Grealish’s limited game time may put his spot at risk for the upcoming international qualifiers and next year’s World Cup.
Speculation is growing that Grealish’s frustration over a lack of minutes could lead him to consider an exit from the Etihad. Addressing the rumors, Guardiola said: “I understand the frustrations of my players. It’s natural to dream of playing in the World Cup or European Championships. What matters most right now is our fight for key trophies. Decisions on the future will be made at the end of the season.”
With Guardiola confirming that Grealish is fit and available for selection, the winger remains an option for the clash at the City Ground. However, Guardiola is expected to favor Doku in the starting lineup.
In other team news, City will be without Nathan Ake for up to three months following foot surgery, adding to their defensive concerns as the season progresses
Manchester City
Manchester City’s New Signings Could Spark Champions League Comeback Against Real Madrid

Manchester City’s hopes of reaching the Champions League last 16 took a major hit after squandering a 2-1 lead at home in the first leg against Real Madrid, ultimately losing 3-2. Despite the setback, manager Pep Guardiola believes there’s still a slim chance of a comeback, and City’s recent additions could be the key to making it happen.
Guardiola admitted that City’s prospects of advancing are just “one percent,” but the English champions will cling to any hope they can find. The defeat in the first leg was part of a worrying trend this season, with City’s veteran squad struggling to maintain intensity in high-stakes European fixtures.
A Change in Transfer Strategy
Recognizing the need for reinforcements, City departed from their usual transfer approach by spending big in the January window. They brought in Omar Marmoush, Abdukodir Khusanov, Vitor Reis, and Nico Gonzalez for a combined fee of £170 million ($214 million).
Despite these significant signings, Guardiola opted against using them extensively in the first leg. Marmoush came off the bench for a brief cameo, while Gonzalez and Khusanov remained unused substitutes. Reis wasn’t even registered for City’s Champions League squad.
However, Guardiola may now be rethinking those decisions after the trio played a starring role in City’s dominant 4-0 victory over Newcastle on Saturday—arguably their best performance of the season.
Fresh Faces Shine Against Newcastle
Marmoush stole the show with a first-half hat-trick, finally providing City with another clinical attacking option to support Erling Haaland. His sharp finishing and movement offered a glimpse of what he could bring to City’s attack in Madrid.
Meanwhile, Khusanov bounced back impressively from his nightmare Premier League debut against Chelsea last month, where he made a costly mistake and nearly got sent off. Against Newcastle, he displayed the speed and defensive awareness that convinced City to invest £33 million ($42 million) in his potential. His ability to neutralize Newcastle’s Alexander Isak suggests he could be crucial in dealing with Real Madrid’s rapid attackers, including Kylian Mbappe, Vinicius Junior, and Rodrygo.
Perhaps the most significant boost, however, came from Nico Gonzalez. The former Barcelona midfielder provided much-needed stability in the middle of the park, an area where City have struggled since losing Rodri to a serious knee injury in September.
Gonzalez: A “Mini Rodri”
Guardiola has already dubbed Gonzalez a “mini Rodri,” and his impact was evident against Newcastle. Former City defender Micah Richards echoed that sentiment, highlighting the balance he brings to the squad.
“The team looks far more composed with Gonzalez in midfield,” Richards said. “City have plenty of attacking firepower, but they need someone to anchor things in Madrid. Gonzalez gives them a real chance.”
Can City Overcome Their Champions League Struggles?
Even at their peak, Manchester City have often struggled to get the better of Real Madrid in the Champions League. This marks the fourth straight season that the two clubs have met in Europe’s elite competition. City’s only triumph came last year when they dismantled Madrid 5-1 on aggregate en route to their first-ever Champions League title.
However, their history with Madrid includes painful memories. In 2022, they were minutes away from reaching the final before Rodrygo’s dramatic stoppage-time double forced extra time, sending Madrid through instead. Last season, City dominated large portions of their quarter-final ties, but Madrid ultimately prevailed on penalties.
Guardiola’s Reality Check
Despite Saturday’s emphatic win, Guardiola remains realistic about his team’s struggles this season.
“Our performances have been far below our usual standards,” he admitted. “We’ve been miles off the pace. Just because we played well in one game doesn’t mean everything has changed overnight.”
Yet, while Guardiola acknowledges the odds are stacked against them, he insists City won’t go down without a fight.
“If you asked anyone before this game, they’d say we have just a one percent chance. But as long as there’s a chance, we’ll give everything we have.”
With their season on the line, City will be hoping their January reinforcements can provide the spark they need to pull off a miracle in Madrid.
Manchester City
Man City’s Strategy for Nico Gonzalez and New Signings Before Real Madrid Clash

Manchester City supporters may witness the club’s latest signings in action at Brisbane Road on Saturday, as Pep Guardiola looks to integrate Nico Gonzalez into the squad to strengthen the defensive midfield.
Guardiola’s Plans for Nico Gonzalez
Pep Guardiola is counting on new arrival Nico Gonzalez to fill the void left by Rodri in the Manchester City midfield. The 23-year-old, signed from Porto for £50 million on transfer deadline day, was the only midfield addition. While City did not want to acquire a mere backup for Rodri, Guardiola is preparing for the possibility that the Spaniard may not return this season.
Guardiola highlighted Gonzalez’s versatility, explaining that he can play in multiple positions but will primarily be deployed in the No.6 role. While the club aims to ease the pressure on Gonzalez, he will be tasked with stabilizing a midfield that has struggled to maintain control in recent matches.
“At the moment, yes,” Guardiola stated. “I didn’t bring him in to play further up the field, as we already have several options in attack. While he can operate in various roles, his primary duty will be to shield the defense.
“I believe he is ready, but we will assess him over the coming days in training. His initial impact has been positive, but I won’t put excessive pressure on him to resolve all our issues immediately. He is here to help us become more stable.”
Possible Debut in FA Cup Clash
Gonzalez could make his first start on Saturday against Leyton Orient in the FA Cup fourth round. The match serves as City’s final fixture before their crucial showdown with Real Madrid, and Guardiola is hopeful of having more players available by then.
In addition to Gonzalez, three other new signings are expected to be involved, alongside returning players Ruben Dias, Nathan Ake, Oscar Bobb, Jeremy Doku, and Ederson, all of whom are nearing full fitness. Guardiola hinted that fresh faces could be featured at the Gaughan Group Stadium, though one of Abdukodir Khusanov or Vitor Reis may have to settle for a bench role as the coach looks to avoid a major upset.
“We will see. I have an idea for the lineup,” Guardiola said. “I have one or two uncertainties, but that is normal. Playing two new players simultaneously might be risky against a team performing well lately.
“It would be great to have our injured players back, but if they’re not fully fit and we push them too soon, we risk further setbacks. We are consulting with the medical team to determine the safest approach. Some recoveries are straightforward, while others are more complex.”
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