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Manchester City, Premier League both claim victories after APT ruling delivered

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Manchester City, Premier League both claim victories after APT ruling delivered

Manchester City and the Premier League are both claiming victories after a ruling regarding the league’s Associated Party Transaction (APT) regulations was published.

The ruling states that the Premier League’s APT rules and amendments, which were introduced in December 2021 and February of this year respectively, are “unlawful” and in breach of UK competition law as they deliberately exclude shareholder loans — when a club borrows money from its ownership group, usually interest-free.

This case is separate from City’s defence of more than 100 charges against them for allegedly breaching the Premier League’s profitability and sustainability rules (PSR), which they deny.

In this case, City claimed that the league’s APT rules — which aim to regulate against its clubs using sponsorship deals with companies linked to their owners to inflate revenue streams and allow room for greater spending — are unlawful and against competition law. The league insisted that the rules were fully compatible with the law.

A statement from City on Monday outlined that the Premier League “was found to have abused its dominant position” by the tribunal. City also pointed out that the panel has ruled two of the league’s decisions on the club’s sponsorship deals — relating to the Etihad Air Group and First Abu Dhabi Bank — should be set aside.

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The Premier League, meanwhile, said that it “welcomes” the ruling. The league admitted that the ruling identified “a small number of discrete elements” of the APT which do not comply with competition law but claims it “(endorses) the overall objectives, framework and decision-making of the APT system”.

The Premier League added that the tribunal had deemed the APT rules “necessary” as a means of ensuring the efficacy of the league’s Profitability and Sustainability Rules (PSR), “thereby supporting and delivering sporting integrity and sustainability in the Premier League”.

City have won the last four Premier League titles (Naomi Baker/Getty Images)

City have won the last four Premier League titles (Naomi Baker/Getty Images)

The Premier League says it will continue to operate the APT system, “taking into account the findings” of the tribunal. It added that the elements that do not comply with competition law “can quickly and effectively” be fixed.

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The ruling was delivered by a three-person arbitration panel and came after City challenged the league’s APT rules. The case was heard in June.

An amendment to the current APT rules was set to be discussed at a meeting of Premier League shareholders on Thursday but was removed from the agenda ahead of time.

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A key part of Monday’s ruling related to the issue of shareholder loans.

The tribunal decided that as well as sponsorship deals, shareholder loans should also be taken into account by the APT rules. Many of these loans are interest-free, which benefits the club because they will subsequently owe a smaller amount. Arsenal, for example, have borrowed more than £200million ($262m) in shareholder loans, as of the end of 2022-23.

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Historically, interest-free shareholder loans have been excluded from the APT rules, which City claimed was unfair. Their argument is that this distorts the profitability and sustainability (PSR) calculations because an interest-free loan cannot be a fair market value. The tribunal agreed with them.

In theory, this means that if interest-free shareholder loans are included within PSR, many clubs will have to rebalance their books in order to avoid a breach.

Arsenal owe more than £200m to their owner, Stan Kroenke (right) (Glyn Kirk/AFP via Getty Images)

Arsenal owe more than £200m to their owner, Stan Kroenke (right) (Glyn Kirk/AFP via Getty Images)

In June, a 165-page legal submission seen by British newspaper The Times showed that City argued they have suffered “discrimination” as a result of the league’s APT rules, alleging they amounted to a “tyranny of the majority”. Premier League rules dictate that a majority of 14 clubs must agree to new regulations being implemented.

Premier League clubs voted through temporary measures relating to APT in October 2021. That came following the Saudi Arabian Public Investment Fund (PIF) taking control of Newcastle United earlier that month. In December 2021, it was ruled that clubs must submit all sponsorship deals worth over £1million ($1.26m) to the Premier League to decide on the possibility of an APT — despite opposition from City and Newcastle.

Those rules were then were strengthened in February 2024 following another vote among the clubs, who voted in favour of a framework that sees all APTs subjected to a fair market value test, meaning that any deal would have to be financially justifiable for all parties.

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There had previously been concerns that ownerships could use multiple companies under their jurisdiction to strike sponsorship agreements that would artificially inflate their own revenue and circumvent PSR rules.

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The APT rules, though, ensured that Newcastle have had their sponsorship agreements with PIF-linked events company Sela and e-commerce company Noon subjected to the market value tests.

It is also applicable for any sponsorship agreements between City and other groups with links to the club’s City Football Group (CFG) ownership. City have always voted against or abstained against the introduction of APT rules at Premier League meetings.

In 2022-23, City posted Premier League record revenues of £712.8m (now ¢953m), of which almost half — £341.4m — was commercial income.

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Much of City’s revenue came from companies with links to CFG. Etihad, the state airline of the United Arab Emirates, is the lead sponsor for both City’s shirt and stadium.

Etihad Airways has been City's primary shirt sponsor since 2009 (Stu Forster/Getty Images)

Etihad Airways has been City’s primary shirt sponsor since 2009 (Stu Forster/Getty Images)

Leicester City are also implicated by the APT regulations. Their chief executive and chairman Aiyawatt Srivaddhanaprabha also controls the King Power company, which is the lead sponsor of the club’s jersey, stadium and training kit.

However, City and Newcastle’s close links to state investment offer them a more extensive network of related companies — which is why rival Premier League clubs mobilised to close the loophole.

UEFA also has its own fair-market value test. City’s legal case does not address those laws and the club will still have to comply with them in European competition.

The Athletic will bring you a full breakdown of the decision and its implications in the near future.

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(Top photo: Visionhaus/Getty Images)

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Deion Sanders mourns loss of Colorado quarterback Dominiq Ponder: ‘One of my favorites’

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Deion Sanders mourns loss of Colorado quarterback Dominiq Ponder: ‘One of my favorites’

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Colorado Buffaloes quarterback Dominiq Ponder died this weekend, the team’s head coach Deion Sanders confirmed on Sunday with a social media post. 

“God please comfort the Ponder family, friends and loved ones,” Sanders wrote on social media. “Dom was one of my favorites! He was Loved, Respected & a Born Leader. Let’s pray for all that knew him & had the opportunity to be in his presence. Lord you’re receiving a good 1. Comfort us Lord Comfort us.”

Ponder was 23 years old. 

Details of Ponder’s death are not yet known. 

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Colorado head coach Deion Sanders watches his team warm up before an NCAA college football game against TCU Saturday, Oct. 4, 2025, in Fort Worth, Texas. (Tony Gutierrez/AP Photo)

Ponder, a 6-foot-5, 200-pound signal caller, joined the Buffaloes and “Coach Prime’s” program in 2024 after spending time at Bethune-Cookman before making his way to Boulder. 

Last season, Ponder played just two games for the Buffaloes while serving in his backup role. He recorded two rush attempts and one pass attempt. 

The Opa Locka, Fla., native also received tribute from a fellow quarterback with the Buffaloes, Colton Allen. 

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Bethune-Cookman QB Dominiq Ponder takes a snap during the Wildcats’ spring game Saturday, April 22, 2023, at Daytona Stadium. (IMAGN)

“Dom, you were a blessing to so many people,” Allen wrote on Instagram. “You had a presence about you that just made everything better. You brought so much joy to me and everyone around you. I’m grateful for every lift, every practice, every rep, every conversation we got to share. I’ll carry those with me for the rest of my life.”

Ponder was going to be a part of Colorado’s spring practices, which are set to begin on Monday. It’s unknown if Sanders will postpone the start due to Ponder’s passing. 

Ponder also received a tribute from the University of Central Florida.

Colorado head coach Deion Sanders watches his players warm up before an NCAA college football game against Utah, Saturday, Oct. 25, 2025, in Salt Lake City. (Tyler Tate/AP Photo)

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“Our prayers are with Dominiq and the Ponder family along with all in the Colorado football program,” the university’s football account on X wrote. 

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No. 2 UCLA women dominate rival USC to finish Big Ten play undefeated

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No. 2 UCLA women dominate rival USC to finish Big Ten play undefeated

Sunday was “Senior Night” for the USC women’s basketball team at Galen Center, but it was the other team’s seniors who stole the show.

Gabriela Jaquez scored 14 points, Kiki Rice had 11 points and four assists and Lauren Betts had 15 rebounds and five assists as UCLA wrapped up the regular season with a 73-50 victory over its rival and finished undefeated in conference play for the first time since going 18-0 in the Pac-10 in 1998-99 under Kathy Olivier.

Having already clinched the regular-season title, UCLA became the first team to navigate the Big Ten schedule without a loss since Maryland in 2014-15.

“These are two elite programs, we knew it would be different tonight, we knew they’d come with fire,” said UCLA coach Cori Close, who improved to 9-4 against the Trojans since counterpart Lindsay Gottlieb started at USC in 2021. “We knew we’d have to do it with our defense, our rebounding and by taking care of the ball.”

It was the Bruins’ 22nd consecutive win, one shy of the record they set last season. Since their lone loss to then-No. 4 Texas on Nov. 26 in Las Vegas, they have won by 20 or more points 17 times.

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Ranked second in the nation in both the Associated Press and coaches’ polls behind defending national champion Connecticut (30-0), the Bruins earned the No. 1 seed for the conference tournament in Indianapolis and got a bye into Friday’s quarterfinals.

Charlisse Leger-Walker, nicknamed “X-ray vision” by teammates, equaled her season high with 20 points for the Bruins (28-1, 18-0) while Gianna Kneepkens added 14 points and five assists.

“Anytime we play together we know we can win,” Leger-Walker said. “We did a good job looking into the scout. Every game we just think about going 1-0. People scouting us know that all five players on the court can score the ball.”

UCLA center Lauren Betts, left, controls the ball in front of USC forward Vivian Iwuchukwu during the first half Sunday.

(Eric Thayer / Los Angeles Times)

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UCLA held USC to 27% shooting in the teams’ first meeting — a 34-point Bruins victory at Pauley Pavilion on Jan. 3 behind Betts’ 18 points. It was USC’s most lopsided loss under coach Lindsay Gottlieb. On Sunday, USC shot 39% and was only three for 19 from three-point range.

“Going undefeated [in conference] is a great step in the right direction towards what we want to accomplish,” said Jaquez, who appreciated the flowers she received before the game from USC. “I love this rivalry. It’s super fun to play against them and it was nice that they honored us too.”

UCLA jumped out to a 14-4 lead in the first five minutes and carried a 19-11 advantage into the second quarter. The Bruins widened the gap to 18 points by halftime, holding the Trojans scoreless for the last 3:08.

USC (17-12, 9-9) opened the second half on an 11-2 run but gave up 14 second-chance points and allowed 22 offensive rebounds.

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UCLA guard Kiki Rice, front, and forward Angela Dugalic celebrate as USC guard Kennedy Smith walks away.

UCLA guard Kiki Rice, front, and forward Angela Dugalic celebrate as USC guard Kennedy Smith walks away during the first half Sunday.

(Eric Thayer / Los Angeles Times)

“If we get more possessions than our opponent we’re most likely going to win,” Close said. “We didn’t allow one basket on an out-of-bounds play and they lead the conference in that.”

Freshman guard Jazzy Davidson, USC’s leading scorer, got into early foul trouble but still finished with 12 points. She was held to 10 points on four-for-15 shooting in the first meeting.

“It was a great crowd, we were in the fight but we didn’t rebound or shoot well enough,” Gottlieb said. “We wanted to keep them out of our paint. We swarmed Betts, double-teamed her and got it out of her hands but other people scored.”

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Londynn Jones, who spent three seasons in Westwood (playing in 108 straight games) before transferring to USC for her senior year, was held to six points in the team’s first meeting and nine points (on four-of-10 shooting) in the rematch. The Trojans’ other senior, Kara Dunn, was held scoreless in the first half and finished with eight points.

“I love Londynn,” Close said. “We think she looks better in blue, but we love her and I told her that. I appreciate all she gave to our programs.”

Asked if this is the best team she has ever coached, Close had a one-word answer.

“Yes.”

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Israeli national gymnastics team suspends all activities after Iranian counter-attack

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Israeli national gymnastics team suspends all activities after Iranian counter-attack

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Israel’s national gymnastics team has suspended all training and team activities amid the recent Iranian counter-attack on the country following the U.S.-assisted strikes on Iran. 

The Israel Gymnastics Federation (IGF) provided a statement to Fox News Digital announcing the violence has caused “unavoidable disruptions.” 

The current security situation in our region has resulted in unavoidable disruptions to our regular training schedule and has created significant uncertainty regarding the national teams’ professional plans, particularly as we are at the outset of the international season,” the statement read. 

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“At this time, all training activities have been temporarily suspended, pending approval from the relevant authorities to safely resume operations. Naturally, the suspension of training and the closure of airspace are causing considerable stress and concern. However, the safety and well-being of our gymnasts and professional staff remain our highest priority. We sincerely hope for safer and calmer days ahead, when we can focus solely on sport.”

A source within the team told Fox News Digital on Saturday that the gymnasts have been moving between bomb shelters since Iran’s counterstrikes began. 

Israel’s gymnastics team is considered one of nation’s strongest Olympic programs alongside its Judo and sailing teams. The team is only a week removed from a successful trip at the Artistic Gymnastics World Cup in Germany, where the country’s star Artem Dolgopyat won the gold medal in floor gymnastics. 

Now, the team will have to seek safety until the attacks are over.

The U.S. Embassy in Jerusalem has directed all U.S. government employees and their family members to continue to shelter in place either in or near their residences as Iran continues to fire missiles at Israel.

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Additionally, the embassy announced that due to the security situation, it would be closed on March 2, and did not give an estimate on when it would be reopening. The closure includes consular sections in Jerusalem and Tel Aviv. 

The embassy also said it is “not in a position at this time to evacuate or directly assist Americans in departing Israel.” It noted that Ben Gurion Airport remains closed and there there are neither commercial nor charter flights operating from the airport.

On Friday, ahead of the launch of Operation Epic Fury, the embassy gave all non-essential workers permission to leave Israel, with reports that U.S. Ambassador to Israel Mike Huckabee urged those looking to leave to do so as soon as possible.

Iranian airstrikes killed at least eight Israelis on Sunday as Tehran’s latest missile barrage landed just miles from Jerusalem.

The strikes landed in the Israeli city of Beit Shemesh. Initial reports said four people were killed when missiles landed in a residential area on Sunday, but that death toll rose to eight, according to Israel’s national emergency service.

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Iran’s military has carried out counterattacks against Israel and U.S. bases in the Middle East after a joint U.S.-Israeli strike killed Supreme Leader Ayatollah Ali Khamenei on Saturday.

The strikes also killed several other top Iranian leaders, including the head of the Iranian Revolutionary Guard Corps.

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