Sports
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)
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.
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.
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)
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.
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.
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)
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.
(Top photo: Visionhaus/Getty Images)
Sports
Pirates star pitcher makes unfortunate history after being taken out in middle of perfect game bid
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Jared Jones was flirting with Major League Baseball history on Wednesday night — he got it, but it was not what he originally envisioned.
The Pittsburgh Pirates pitcher retired the first 18 batters he faced, but he was taken out in the middle of his perfect game bid after six innings.
Now, the Pirates certainly have their reasons — the 24-year-old Jones hasn’t thrown more than 81 pitches in eight starts since returning May 20 after missing all of last season while undergoing ulnar collateral ligament internal brace surgery on May 21, 2025. He was yanked with 77 pitches and likely would have needed more than 100 pitches to record the 25th perfect game in MLB history.
Jared Jones of the Pittsburgh Pirates pitches during the first inning against the Atlanta Braves at PNC Park on July 8, 2026, in Pittsburgh, Pennsylvania. (Photo by Joe Sargent/Getty Images)
However, Jones left the game after getting zero run support, so when the Atlanta Braves tacked on three runs late for a 3-0 victory, Jones instead found himself in the wrong chapter of the history books.
According to Opta Stats, Jones became the first pitcher in the modern era (since 1920) to pitch at least six perfect innings and not record a win.
“It does suck. Something’s cool coming on, but I’m on what? My eighth start off of surgery? I completely understand it, and it is what it is,” Jones told reporters after the game.
Pittsburgh Pirates starting pitcher Jared Jones (17) makes his way to the field to warm up before pitching against the Atlanta Braves at PNC Park. (Charles LeClaire/Imagn Images)
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Jones said he didn’t entertain attempting to complete the perfect game.
“Not with the pitch count,” he said. “Not really ever expecting to go nine right now, so that was never in my head.”
Joey Bart, traded to the Braves from the Pirates on June 18, followed a double by Mike Yastrzemski with a 422-foot, two-run homer to left-center field off a slider from Dennis Santana. Drake Baldwin added an RBI single to center in the ninth for good measure.
It was the second time in less than a week that a pitcher was taken out of the game with a perfect bid through six innings — the Miami Marlins took Eury Perez out after seven innings in which he had 92 pitches. Perez, too, is in the midst of returning from injury and has surprisingly found himself right in the postseason mix.
He was pulled for Lake Bachar to start the eighth, and the Marlins allowed eight runs to the Athletics in the final two innings, but held on to win 9-8.
Jared Jones (17) of the Pittsburgh Pirates delivers a pitch during a MLB game against the Cincinnati Reds on June 27, 2026, at PNC Park in Pittsburgh, Pennsylvania. (Joe Robbins/Icon Sportswire via Getty Images)
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The Pirates are 4.0 games out of the final wild card spot, which is held by the Marlins.
The Associated Press contributed to this report.
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WASHINGTON — The Dodgers are scheduled to visit the White House on July 23 to celebrate their latest World Series title.
“President Trump is excited to welcome the Los Angeles Dodgers BACK to the White House to celebrate their World Series championship!,” White House spokesperson Taylor Rogers said in a statement to The Times.
The date falls on a scheduled off day in the middle of a nine-game East Coast road trip for the Dodgers. The team will play three games in Philadelphia against the Phillies July 20-22 before ending the trip with a three-game series against the New York Mets July 24 to 26.
The visit continues a tradition from the Dodgers’ two previous World Series championships. They were hosted by President Biden in 2021 and President Trump in April 2025.
After the Dodgers claimed their second consecutive World Series title with a dramatic Game 7 victory over the Toronto Blue Jays, a visit to the White House was planned, but it wasn’t until Thursday that a date was officially booked and confirmed.
Questions swirled around whether players would decline the visit this year after it did not happen during a scheduled visit to Washington in April.
Kiké Hernández said in 2018 he was unsure he would have gone had the Dodgers won the World Series the previous year. Mookie Betts said he was undecided and needed to talk it over with his family when last year’s visit was announced. After winning his first World Series with the Boston Red Sox in 2018, Betts skipped their trip to the White House the following year during Trump’s first term.
Both players, along with every returning member of the 2024 team who was with the team during its road trip, participated in the visit. The only notable absence was first baseman Freddie Freeman, who remained in Los Angeles to nurse an ankle injury.
Manager Dave Roberts, who indicated in comments to The Times in 2019 he might not go to the White House if Trump was president, also participated in last year’s ceremony.
Asked at the Dodgers’ fan festival in January about the possibility of returning to the White House, Roberts told The Times’ Bill Shaikin: “For me, I stand by: I’m a baseball manager. That’s my job.”
“I was raised — by a man who served our country for 30 years — to respect the highest office in our country,” Roberts said. “For me, it doesn’t matter who is in the office, I’m going to go to the White House. I’ve never tried to be political. … For me, I am going to continue to try to do what tradition says and not try to make political statements, because I am not a politician.”
Clayton Kershaw, who retired after last season but was on Team USA for this year’s World Baseball Classic, told The Times in the spring that he was aware Dodgers fans are split over whether the team should visit the White House again this year, but he said he is looking forward to it.
“I went when President Biden was in office. I’m going to go when President Trump is in office,” Kershaw said. “To me, it’s just about getting to go to the White House. You don’t get that opportunity every day, so I’m excited to go.”
Times deputy sports editor Ed Guzman contributed to this report.
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All eyes were on Caitlin Clark on Wednesday night as she made her anticipated return from injury in a road matchup in Los Angeles.
But instead of a triumphant comeback, the Fever spent the entire night chasing the Sparks as Clark’s rough return fueled a 106-92 rout.
The superstar never found a groove, looking completely out of sync in her return from a back injury.
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Caitlin Clark huddles with teammates as the Indiana Fever battle the Sparks. (Photo by Katelyn Mulcahy/Getty Images) ((Photo by Katelyn Mulcahy/Getty Images))
Much of that disjointed performance falls squarely on head coach Stephanie White, who kept Clark on a ridiculously tight leash by limiting her to just 16 minutes. The stop-and-go approach could have sabotaged any chance for the phenom to establish a rhythm.
Clark finished with just 9 points, 4 rebounds and 3 assists. Her minus-16 plus-minus told the story.
The Los Angeles Sparks were severely shorthanded, taking the floor without stars Kelsey Plum and Cameron Brink.
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Yet while a depleted Sparks roster played to win, Indiana spent the night over-managing its biggest asset.
With Clark on a minutes restriction and Aliyah Boston out of the lineup, Kelsey Mitchell was forced to shoulder the entire offensive burden.
Mitchell did her part, pouring in 29 points while shooting 5-of-9 from beyond the arc.
Caitlin Clark orchestrates the Fever offense as Indiana battles the Los Angeles Sparks in primetime action. (Photo by Katelyn Mulcahy/Getty Images) ((Photo by Katelyn Mulcahy/Getty Images))
But one hot hand couldn’t stop an efficient LA squad.
The Sparks shot 45% from three-point range, going 9-of-20 from deep to cruise to the 106-92 victory.
White’s next move is to sit Clark against the Mercury on Thursday while Boston returns.
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After Wednesday’s loss to a shorthanded Sparks team, it’s fair to question whether Indiana’s cautious approach is working. The Fever dropped to 12-9.
Caitlin Clark and Dearica Hamby face off as Fever and Sparks battle at Crypto.com Arena in Los Angeles. (Photo by Tyler Ross/NBAE via Getty Images) ((Photo by Tyler Ross/NBAE via Getty Images))
Send us your thoughts: alejandro.avila@outkick.com / Follow along on X: @alejandroaveela
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