Manchester City and the Premier League have reached a settlement in their dispute over the rules governing associated party transactions (APTs).

Under the settlement, City accept that the current rules governing APTS are "valid and binding."

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- Premier League changes APT rules after City case

In February, City contested amendments made to the APT rules by Premier League clubs months earlier. Those changes were forced on the league by an earlier legal challenge by City.

Those rules are designed to ensure fair market value is applied to commercial deals with organisations closely aligned to club owners. The rules are intended to prevent deals such as sponsorships from being

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