The Premier League has approved changes to its club sponsorship (APT) rules following a rigorous meeting in London on Friday morning.

The Premier League was forced to take action after an independent panel ruled in October that parts of the current APT rules were unlawful, following a request from Manchester City.

“At a Premier League stakeholder meeting today, the clubs approved the changes to the APT rules,” the Premier League said in a statement. “

The amendments to the rules are to comply with a final decision by an arbitral tribunal following Manchester City’s legal challenge to the APT system earlier this year. “

The Premier League has held a detailed consultation with the clubs, informed by a range of expert input, including senior independent legal counsel, to draft amendments to the system. “

This relates to the compilation of stakeholders’ loan assessments, the removal of certain amendments to the APT rules earlier this year and procedural changes to the rules, with key information from the League’s database being shared with club counsel. สมัคร ufabet “The purpose

of the APT rules is to ensure that clubs are not able to profit from commercial contracts. or the reduction of costs that are not in line with Fair Market Value (FMV) by leveraging good relationships with stakeholders.”

“These rules were introduced as a strong mechanism to protect the financial sustainability, integrity and competitive balance of the league.”

The English media reported that the vote to change the rules this time, the clubs voted in favor with a score of 16-4.