Key events
On a more serious note, the vote stands as a blow to Manchester City. Here’s Paul MacInnes’ reporting from Thursday:
City have declared their opposition to the rule changes – having previously taken the league to arbitration over its APT rules. They have lobbied clubs strongly for support, including two league-wide letters from their chief legal officer, Simon Cliff, which challenged the validity of the plans. The league has spent weeks negotiating with clubs over their concerns, citing independent legal analysis from the KC Daniel Jowell to support its case.
Premier League clubs vote through APT amendments
And we have the result of the vote … clubs have approved changes to the APT rules. In a statement the Premier League said:
“At a Premier League Shareholders’ meeting today, clubs approved changes to the League’s Associated Party Transaction (APT) rules. 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.”
What does this all mean?
Preamble
Hello, hello, hello and welcome to my attempts at hyping up the weekend: after some international interruption, the Premier League is back! And it’s live! And there’s some key admin stuff to sort out!
Yes, there’s been a league vote today on some associated party transaction stuff – I can sense your excitement. For Manchester United fans there’s a chance to hear from their new messiah, Ruben Amorim, ahead of his first game in charge.
Let’s get into it. Share your thoughts, queries, weekend plans, whatever you fancy.
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