Manchester City settle with Premier League and accept sponsorship rules are valid

Club still face charges of breaching financial rules

SETTLED DISPUTE: Manchester City and the Premier League have settled their dispute over rules that limit the ability of top-flight clubs to sign sponsorship deals with companies related to their ownership. Pic: Michael Regan/Getty Images

Manchester City and the Premier League have settled their dispute over rules that limit the ability of top-flight clubs to sign sponsorship deals with companies related to their ownership.

The fight over so-called associated party transaction rules had been seen as a potential challenge to the entire Premier League rulebook, but both parties have now stepped back from the brink, with City agreeing to accept the legitimacy of the APT rules as they stand.