Omar Berrada shows true Man United colours as key Man City APT vote intervention emerges
Omar Berrada has shown his feelings over Manchester City during the Premier League's Associated Party Transactions (APT) vote on Friday.
The voting comes after Man City claimed victory from an independent panel in October which concluded that the rules introduced since Newcastle United's takeover were unlawful. As a result, league officials had drawn up a new proposal and a new vote took place on Friday morning - which deemed City defeated in their attempt to stop new rules on APT being voted through.
However, the reigning champions had warned all top-flight clubs that new rules should not be put in place before the expert opinions from the arbitration hearing had been fully considered. Aston Villa were one of the clubs who also favoured that view, but in the meeting a majority backed the Premier League's proposal.
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As reported by the Press Association, City were represented by their CFO Ingo Bank at the meeting but it is claimed he didn't speak. Meanwhile, City's former football operations officer Berrada spoke in support of the amendments along with Chelsea's general counsel James Bonington.
Berrada was appointed as Manchester United CEO in January but only joined in the summer upon completion of a period of gardening leave after resigning from his role at City Football Group after 11 years. His decision to speak against City in the meeting shows he has already dived fully into his new role at United.
A statement by the Premier League read: "At a Premier League Shareholders’ meeting today, clubs approved changes to the League’s Associated Party Transaction (APT) rules. The amendments to the rules address the findings of an arbitration tribunal following a legal challenge by Manchester City to the APT system earlier this year.
"The Premier League has conducted a detailed consultation with clubs - informed by multiple opinions from expert, independent Leading Counsel - to draft rule changes that address amendments required to the system. This relates to integrating the assessment of shareholder loans, the removal of some of the amendments made to APT rules earlier this year and changes to the process by which relevant information from the League’s ‘databank’ is shared with a club’s advisors.
"The purpose of the APT rules is to ensure clubs are not able to benefit from commercial deals or reductions in costs that are not at Fair Market Value (FMV) by virtue of relationships with associated parties. These rules were introduced to provide a robust mechanism to safeguard the financial stability, integrity and competitive balance of the league."