June 10 (Reuters) – Premier League sides have agreed in principle to an owners’ charter which will “reaffirm the values and expectations placed on clubs and their owners” in a bid to stop any future England involvement in a Super project. European League.
It was one of many decisions taken at the organization’s annual general meeting on Thursday which included confirmation of financial penalties totaling £ 22million ($ 31million) for the six clubs that signed up to the Super League.
“Shareholders have discussed a range of issues and have re-committed to building on the collective of 20 clubs for the benefit of the game at large,” the Premier League said in a statement.
“Following yesterday’s agreement between the Premier League, the FA and the six clubs involved in proposals to form a European Super League, shareholders today approved rules aimed at further protecting the League against any future escape from the competition.
“Clubs that break the new rules will face significant penalties. “
Arsenal, Chelsea, Liverpool, Manchester City, Manchester United and Tottenham Hotspur will each be fined £ 25million and a 30-point deduction if they attempt another breakaway.
“These additional rules and regulations are put in place to ensure that the principles of the Premier League and open competition are protected and provide certainty and stability to our clubs and their fans,” the statement concluded.
($ 1 = 0.7057 pounds) (Nick Said report edited by Toby Davis)
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This notice was published: 2021-06-10 20:20:52