Manchester City’s new Etihad Airways deal yet to take off despite Premier League deal

cityam09-17

Manchester City’s controversial sponsorship and naming rights deal with Etihad Airways has not yet been waved through as part of the club’s Associated Party Transaction settlement with the Premier ...

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Manchester City’s controversial sponsorship and naming rights deal with Etihad Airways has not yet been waved through as part of the club’s Associated Party Transaction settlement with the Premier League.The new long-term deal, which was blocked by the Premier League’s independent assessors two years ago, must still go through the top-flight’s Fair Market Value assessment process, although there is a widespread expectation that a significant uplift on their current contract will be approved.As part of last week’s settlement, Manchester City accepted that the APT rules were valid and binding, so must accept the outcome of the FMV assessment.The result may never be known, as the Premier League does not inform other clubs about FMV outcomes, although some clues may be found in City’s acc","collect":0,"end_time":0,"defaultTopTitle":"cityam.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"PSR":"Invesco Active U.S. Real Estate ETF","CHCO":"City Holding Company","BK4211":"区域性银行"},"translate_title":"尽管达成了英超协议，曼城与阿提哈德航空的新协议尚未启动","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CHCO":1.5,"PSR":1},"content_text":"Manchester City’s controversial sponsorship and naming rights deal with Etihad Airways has not yet been waved through as part of the club’s Associated Party Transaction settlement with the Premier League.  Manchester City’s controversial sponsorship and naming rights deal with Etihad Airways has not yet been waved through as part of the club’s Associated Party Transaction settlement with the Premier League. The new long-term deal, which was blocked by the Premier League’s independent assessors two years ago, must still go through the top-flight’s Fair Market Value assessment process, although there is a widespread expectation that a significant uplift on their current contract will be approved. As part of last week’s settlement, Manchester City accepted that the APT rules were valid and binding, so must accept the outcome of the FMV assessment. The result may never be known, as the Premier League does not inform other clubs about FMV outcomes, although some clues may be found in City’s accounts if their amount of sponsorship varies from year to year.\n\nChelsea, for example, were forced to alter the value of, and income received from, the sale of two hotels at Stamford Bridge to its parent company, BlueCo 22. The hotels were originally sold for £76.5m last year before being restated at £70.5m in this year’s accounts, although the sale still fulfilled its main function of enabling Chelsea to comply with the Premier League’s profitability and sustainability regulations (PSR).Chelsea’s sale of its women’s team to BlueCo for £198.7m earlier this year is currently going through the Premier League’s FMV assessment, and its value could also be adjusted. Manchester United in red or black?Manchester United will face more scrutiny this week despite having no game due to their failure to qualify for Europe, with their annual accounts to be published at midday on Wednesday.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2568345298","isCrawlerRequest":true}