The Premier League is facing major changes due to changes to ownership rules.Manchester City are believed to be at risk of legal challenges as the league tightens its rules on fair market sponsorship deals.
There is optimism in the Premier League, but despite talks this week between top clubs, mainly Championship sides, and EFL clubs, a financial deal with the EFL looks more remote than ever.The recently strengthened Trading Associates and Fair Market Value proposals were passed at a shareholders’ meeting in London where they were approved by a narrow margin, with 12 clubs voting in favour, two abstentions and six against.
Although it went ahead because it represented two-thirds of the 18 clubs that voted, the issue remained controversial and divisive. Regulations are tightened to ensure that no club overinflates sponsorships or commercial dealings with domestic companies. Fair market rules were introduced in 2021, but on Friday 20 clubs were told one of their members could submit an arbitration claim to prevent the new changes. It is a new challenge for Premier League chief executive Richard Masters, who is under pressure to reach a financial deal with the EFL under future football governing legislation, rather than seek approval from the independent regulator.
The Premier League described Wednesday night’s dinner talks between the top flight and EFL clubs as “productive” and pledged to resume talks, but there is still a feeling a deal is unlikely. They have held lengthy talks with club and EFL figures, but a compromise still appears a long way off, especially as the Premier League is unlikely to approve the new look and restructured revenue and sustainability rules by the summer. Premier League clubs don’t even know how much money they have to play for, let alone sign a new financial deal with the EFL.
In addition, Masters wrote to the Culture, Media and Sport Committee rejecting suggestions he would “move the goalposts” on Everton’s 10-point deduction and asking the Premier League to seek their views on penalties. Independent newspaper. There are no fixed rates, so there are fees. Masters wrote: “As mentioned above, the Premier League is expected to provide information on what it would consider sanctions in this case to support the independent committee.Last month, Masters also began to explain after insulting fans of Everton and Nottingham Forest, calling them “little clubs”.
He explained: “I was asked a question by a committee member who, using the term ‘big clubs’, claimed he was cynical about the ability of some clubs to use legal means to ‘prevent incidents in the last 10 years or more”. . ‘. .”
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