Aston Villa owner Nassef Sawiris has publicly expressed the club’s stance regarding the ongoing discussions around amendments to the Premier League’s rules on commercial deals. As the clubs prepare to convene for a crucial vote on the changes to Associated Party Transaction regulations (APTs), Sawiris has asserted that Aston Villa will align with Manchester City in opposing these proposed amendments.
In a pivotal meeting scheduled for Friday, representatives from the top-flight clubs will cast their votes on the suggested changes, which have sparked significant debate within the league. Sawiris, recognized as Egypt’s wealthiest individual, has advocated for a “fresh start” in the Premier League and believes that delaying the vote on APTs until February could enhance the likelihood of achieving “unanimous support” from all clubs involved.
Manchester City has already taken a proactive approach by reaching out to the 19 other Premier League clubs, voicing their “fundamental concern” regarding what they characterize as “unlawful” amendments being put forth by the Premier League. This concerns the balance of power and fairness in the league, which both clubs feel is at stake.
In a statement provided to the Telegraph, Sawiris made clear Aston Villa’s position, noting, “we would be voting against” the changes to the APT regulations. He articulated that a postponement of the vote by 90 days would allow time for adjustments that contemplate the findings of a recent tribunal, thereby increasing the chance of consensus among all 20 Premier League teams.
Sawiris highlighted the significance of achieving a unanimous vote, asserting that it could serve as a catalyst for revitalizing an “embattled Premier League.” This need for solidarity has become even more pressing in the wake of the government’s proposed introduction of a new football regulator, which aims to impose more stringent oversight on clubs and leagues.
Moreover, he indicated that achieving a united front among Premier League clubs is “more important than ever” as they navigate these challenging waters. Sawiris urged that holding the APT vote in February, backed by unanimous support from all parties, would be a crucial step toward fostering a collaborative environment in the league.
Among the specific alterations to the APT regulations that the Premier League aims to implement, one significant proposal includes requiring shareholder loans to be subjected to a fair market value assessment. Additionally, there are intentions to revert certain amendments that were made in February, indicating a desire to enhance transparency and fairness in transactions involving Premier League clubs.
In summary, as Aston Villa and Manchester City take a stand against the proposed APT changes, the emphasis on unity and careful diplomatic negotiation among Premier League clubs is underscored, particularly in light of the potential introduction of new regulations by the government.
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