Manchester City have scored a legal victory over the Premier League in a long-running battle over financial rules - but both sides have conflicting interpretations of the ruling's significance.

In a case brought by Man City, an independent panel has determined that Associated Party Transaction rules are void and unenforceable; it is believed this ruling could open the door for legal action;

The Premier League's sponsorship regulations between 2021 and 2024 are "void and unenforceable", a tribunal ruled on Friday.