Take a step back! Manchester City recognizes the validity of APT and will not be treated differently when signing sponsorship with the parent company.

The Times reported that Manchester City made concessions on the new rules for affiliate transactions (APTs) and agreed to maintain the effectiveness of the rule, provided that the club will not be treated differently when signing a sponsorship contract with its affiliated companies of the parent company of Abu Dhabi.

Manchester City has settled with the English Premier League on the latest legal action surrounding sponsorship rules, which has enabled City to now complete a lucrative long-term partnership agreement with Etihad Airways.

But on Monday, the Premier League informed the clubs that the matter could no longer be resolved without a tribunal: Manchester City made partial concessions, agreed to retain new rules on "affiliated party transactions (APTs)" while obtaining a commitment - Manchester City will not be treated differently when a sponsorship partnership with a company affiliated with an Abu Dhabi boss.

Affiliate Party Transactions (APT) rules are established to maintain the competitiveness of the Premier League and prevent clubs from inflated the amount of business cooperation through companies associated with their bosses.

source:7m pc