'Frustrated' Man City chairman Khaldoon Al Mubarak calls for 'more sensibility in regulating'
The head of Manchester City, Khaldoon Al Mubarak, has requested that those in charge of football finances display greater sensitivity in their regulations.
Khaldoon spoke in an interview he did within the company last Saturday. This happened before The Times reported on Tuesday that City had filed a legal claim contesting the validity of the rules relating to associated party transactions (APT) in the Premier League.
During the interview, Khaldoon acknowledged that the 115 charges the Premier League had filed against the club for possible violations of financial regulations had taken longer to resolve than anyone had anticipated.
Khaldoon Talks Transfer Market: Expect Less Hype
When Khaldoon was questioned about his thoughts on the rules and regulations that City and other clubs in Europe must adhere to, he was also asked if he believed these would have any influence on transfers during this upcoming summer.
Football teams participating in UEFA competitions in the upcoming season will have restrictions on how much they can spend on their team, including player salaries, transfer fees, and agent commissions. Specifically, they will only be allowed to spend up to 80% of their revenue on these costs, with the limit decreasing to 70% later on.
During an interview that was published on Wednesday, Khaldoon expressed his desire for more rationality in regulations, with an emphasis on maintaining equilibrium.
This development benefits all leagues, whether they are in England or elsewhere in Europe. According to my belief, there won't be a similar amount of money being spent on transfers as we have observed in the previous years because of the stricter regulations that have been implemented in the past year.
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According to Khaldoon, regulators should prioritize monitoring the work volume of players rather than the expenses of clubs.
The point I want to make is that we should give priority to the well-being of our athletes both mentally and physically," he expressed.
In my opinion, it's crucial to focus on enhancing the game's growth instead of dedicating excessive time to regulatory concerns that only obstruct it.
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According to an article in The Times, the City's opposition to the APT regulations will be heard at a dispute resolution session commencing next week.
The regulations of APT have been formulated to guarantee that any business transaction or the movement of players between a team and organizations connected to the team's proprietorship are carried out at justifiable market rates. This is done to prevent any artificial boosting of club earnings.
According to The Times, there is a claim that the rules will be contested under the competition law. The Premier League has requested assistance from other clubs to defend against this claim.
If the challenge against the APT rules is successful, it would allow clubs to make commercial agreements without any oversight from a third party. If City wins the case, it could influence the governance of the Premier League where club regulations are agreed upon through a majority vote.
'Referrals Can Be Frustrating'
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The City team is getting ready to protect themselves from 115 accusations made by the Premier League concerning potential violations of its financial regulations.
The trial for the case is set to commence during the fall season. Khaldoon expressed his disappointment that the allegations were repeatedly mentioned as the team approached their fourth consecutive Premier League victory, causing frustration.
"It's definitely annoying," Khaldoon expressed during the interview. He stated that constantly hearing about the charges is irritating for everyone connected to the club, including the fan-base.
As a team, we must acknowledge that there is a necessary course of action that we must adhere to, and we will follow it accordingly.
The process is taking more time than expected, although this is the current reality. It would be fairer to evaluate the situation based on factual information rather than arguments and conflicts.
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"Man City Boss Seeks Perfect Solution For Pep Guardiola's Future"
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At present, Khaldoon Al Mubarak anticipates discovering the "appropriate resolution" in regard to the continuation of manager Pep Guardiola - however, he has not provided any clue as to what that resolution could be.
After leading City to their fourth consecutive Premier League title last month, Guardiola suggested that next season might be his final one at the Etihad Stadium where he is currently contracted until 2025.
During his time in charge, the Spanish manager has shown a tendency to opt for shorter contract durations and has waited until the final stages of his contract before extending it.
It is still uncertain what will happen after the next season ends.
During his season review, Khaldoon spoke to the club's media outlets and shared that he has discussed Pep's contract on multiple occasions over the years.
Pep has continuously demonstrated his complete dedication to this club, honoring every contractual agreement he has entered into with us.
We always make a collective decision about his future and I am confident that we will come to a satisfactory resolution that benefits both Pep and our team, just as we have in the past.
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In the past seven years, Guardiola has achieved six Premier League titles and won several other major competitions such as the Champions League, Club World Cup, two FA Cups and four League Cups. He took charge in 2016 and has dominated the football scene ever since.
Khaldoon expressed that it's difficult to express the significance of what Pep has brought to this establishment and football club with mere language.
For the sake of history, you could examine the records, and in my opinion, he has achieved nearly every record possible.
I believe that these achievements will be extremely challenging to surpass in the future. They range from winning six out of the seven most recent leagues, to obtaining four consecutive wins, and to the exceptional amount of victories. The list of exceptional feats continues without end.
Furthermore, I believe that his influence extends beyond that. Pep has revolutionized football and his style of playing has brought about a significant transformation to English football.
"City Aims For Fifth Consecutive Win: What's Ahead?"
Khaldoon is confident that their next goal is to win another top-flight title, after becoming the first club in the history of English football to win four.
He stated that they have already achieved four consecutive successes and were aiming for the fifth one.
Just so you know, our goal of winning five consecutive matches was achieved in our thoughts as soon as the referee blew the whistle at the end of the game against West Ham.
I recall heading to the field and expressing to almost everyone I encountered, "Great job, the outcome is fantastic! We all feel proud, but let's set our sights on achieving five consecutive victories."
The 2023/24 season came to an unfortunate end as they lost the FA Cup final to Manchester United. However, Khaldoon is looking forward to using this defeat as a driving force for the upcoming season.
According to him, anyone would have desired to emerge as the winner. After all, it's the FA Cup, and the opponent was none other than Manchester United. Furthermore, the opportunity presented the chance to secure the double-double back-to-back. In his opinion, the team feels let down by the outcome.
However, it's crucial to look for the positive aspects even during tough times. It's important to steer clear of becoming too comfortable and satisfied with your current situation. Instead, you should always maintain your drive and ambition to progress further.
Upon our return, our hunger for victory is even stronger as we aim to clinch the championship title once more. We have set our sights on the treble and are determined to emerge triumphant in every contest we partake in.