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Premier League clubs agree in principle to Owners’ Charter after European Super League controversy

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remier League clubs have agreed in principle to an Owners’ Charter in a bid to prevent any future plans to form a new European Super League breakaway project.

The Premier League held its Annual General Meeting on Thursday in the wake of the ‘Big Six’ - Arsenal, Chelsea, Liverpool, Manchester City, Manchester United and Tottenham - agreeing to pay a combined £22million for their involvement in the failed Super League proposals.

The ‘Big Six’ will each be fined £25m and face a 30-point deduction if they attempt another breakaway competition.

“At the Premier League’s Annual General Meeting today, shareholders discussed a range of matters and recommitted to build on the collective of all 20 clubs to benefit the wider game.

“Following yesterday’s agreement between the Premier League, The FA and the six clubs involved in the proposals to form a European Super League, shareholders today approved rules to further protect the League against any future competition breakaways. Clubs in breach of the new rules will be subject to significant sanctions.

READ MOREWhen are the Premier League fixtures out and when does the 2021/22 season start?European Super League: Gary Neville brands Premier League, ‘Big Six’ settlement ‘an embarrassment’Jose Mourinho ‘emotional’ over fan reaction that foiled European Super League: ‘It was incredible’

“Clubs also agreed to the principle of an Owners’ Charter, which will reaffirm the values and expectations placed on clubs and their owners.

“These additional rules and regulations are being put in place to ensure the principles of the Premier League and open competition are protected and provide certainty and stability for our clubs and their fans.”

Additional reporting by Reuters.

For more news relating to Manchester City, visit our sister site City Latest Live.

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