Manchester United News

The rule that can change everything, Manchester United is pending

Premier League clubs have met to discuss possible changes to the FFP guidelines.

By Angus Barnes

Premier League clubs have met to discuss possible changes to the FFP guidelines.
Premier League clubs have met to discuss possible changes to the FFP guidelines.
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Clubs across the Premier League have met to discuss possible ways forward for Financial Fair Play (FFP) and how money shapes the sport at the top-level and beyond, while developing reports indicate that voting to tighten-up rules regarding Associated Party Transactions (ASP) has been passed.

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FFP has come under the microscope in recent months. Manchester City were hit with 115 alleged breaches as the champions continue to fight their corner in response to those allegations. Everton, meanwhile, were docked 10 points this season after being found guilty of a previous breach. The club do contest the verdict and they have, subsequently, appealed but The Toffees were then hit with a new charge last month along with Nottingham Forest.

Reports from PA and other publications suggest teams have agreed to restrict ASP agreements. However, that process did not bring a unanimous verdict. A result comprising 12 votes for, six votes against with two clubs abstaining is thought to have been reached. The newly-installed measures are aimed at tackling clubs who strike-up sponsorship deals with companies which have links to their owners or ownership.

ASP relates to sponsorship, player transfers and other such financial streams which, in turn, have an impact on FFP and Profit and Sustainability regulations (PSR). The vote was among matters discussed at the latest Premier League meeting for shareholders in central London today. A Premier League statement read: "Following a full review of the existing Associated Party Transactions Rules and Fair Market Value assessment protocols, clubs agreed to a series of amendments to further enhance the efficiency and accuracy of the system."

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That statement detailing the latest Premier League meeting continued: "The Premier League and its clubs met and held productive discussions in relation to a number of matters. This included plans to move towards a new financial settlement with the EFL - and to agree a long-term deal for the good of English football."

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