Aston Villa owner Nassef Sawiris believes an "embattled" Premier League needs a "fresh start"
FlashFootball 2024/11/21 03:12
Aston Villa owner Nassef Sawiris has stated that the club will join Manchester City in voting against amendments to the Premier League's regulations governing commercial deals.
On Friday, the Premier League will hold a meeting at which the top-flight clubs will vote on proposed changes to the regulations governing Associated Party Transactions (APTs).
Sawiris, Egypt's wealthiest individual, posited that the league required a "fresh start," and thus the vote on APTs should be postponed until February to enhance the probability of "unanimous support."
Manchester City have already conveyed their "fundamental concern" to the 19 other clubs in written correspondence, wherein they allege that the Premier League's proposed amendments are "unlawful." In October, both City and the Premier League claimed victory after the decision of an arbitration panel over APTs. In a statement released to the Telegraph, Sawiris confirmed that Villa "would be voting against" the APT changes.
"In our view, a vote in 90 days on amended terms taking into consideration the tribunal’s findings will have a significantly greater chance of securing the unanimous support of all 20 Premier League clubs," he said.
"Crucially, a unanimous vote will present a fresh start for an embattled Premier League that began with the failed attempt to launch a Super League in 2021."
Sawiris said it was "more important than ever" for the Premier League to present a "united front" in light of the government's proposed new football regulator.
He added: "In our view, this will be far more easily achieved if the APT vote is held in February and supported unanimously by all clubs."
Among the proposed changes to the APT rules, the Premier League wants to make shareholder loans subject to a fair market value assessment as well as reversing amendments made in February.
Sawiris has expressed his desire to prevent the Premier League from incurring any further "astronomical" legal expenses.
In an 11-page letter reviewed by the BBC, the Premier League conveyed its rejection of the repeated and unsubstantiated allegations that it or its representatives have acted in contravention of their regulatory duties or have provided misleading information to clubs.
-
Premier League
-
Aston Villa
-
Manchester City
All comments
No comments yet
Try leaving your comments
Reply
Like
Fav
Share