Arsenal have begun reassessing their earlier support for proposed Premier League financial reforms after a change in the club\u2019s leadership. Any change to the regulations requires a 14-club majority. During discussions last year Arsenal were one of 16 teams in favour of exploring new financial regulations.<\/p>\n
A report in The Times says Arsenal\u2019s new leadership team have \u201csoftened\u201d their stance following the departure of executive vice-chairman Tim Lewis in September, who was very much in favour of shaking things up. The report adds that \u201crevised regulations around sponsorship deals with associated parties has also encouraged them to take a more nuanced view of the proposals.\u201d<\/p>\n
Arsenal are not alone in revisiting their position. As many as eight other clubs are thought to be reviewing their support, raising the prospect that Friday\u2019s scheduled vote could be cancelled because of insufficient backing. Manchester City and Manchester United are known opponents of the proposal.<\/p>\n
Concern extends beyond the leading clubs. Teams battling relegation in the Premier League are worried that similar rules could be adopted by the Championship, which they say would make it harder to return to the top tier if demoted.<\/p>\n
The Professional Footballers\u2019 Association have been vocal in their criticism of the proposals, even threatening legal action against the Premier League. The potential impact on players is also central to the debate, with the introduction of a salary cap singled out as a particular concern.<\/p>\n
Football agencies CAA Base, CAA Stellar and Wasserman have already threatened legal action against the Premier League. Those agencies, who have Chelsea\u2019s Cole Palmer and Manchester United\u2019s Kobbie Mainoo among their combined client list, claim they have not been consulted about the proposals.<\/p>\n
The combination of leadership changes at clubs, legal challenges from player groups and agencies, and worries from clubs across the division has left the future of the proposed regulations uncertain as the vote approaches.<\/p>\n","protected":false},"excerpt":{"rendered":"
Arsenal have softened their stance on proposed Premier League financial rules after Tim Lewis left. <\/p>\n","protected":false},"author":1,"featured_media":4537,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[192,172],"tags":[983,1032,1215],"class_list":["post-4538","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-arsenal","category-epl","tag-agents","tag-contract-disputes","tag-controversy"],"_links":{"self":[{"href":"https:\/\/www.weplayfpl.com\/news-articles\/wp-json\/wp\/v2\/posts\/4538","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.weplayfpl.com\/news-articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.weplayfpl.com\/news-articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.weplayfpl.com\/news-articles\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.weplayfpl.com\/news-articles\/wp-json\/wp\/v2\/comments?post=4538"}],"version-history":[{"count":0,"href":"https:\/\/www.weplayfpl.com\/news-articles\/wp-json\/wp\/v2\/posts\/4538\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.weplayfpl.com\/news-articles\/wp-json\/wp\/v2\/media\/4537"}],"wp:attachment":[{"href":"https:\/\/www.weplayfpl.com\/news-articles\/wp-json\/wp\/v2\/media?parent=4538"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.weplayfpl.com\/news-articles\/wp-json\/wp\/v2\/categories?post=4538"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.weplayfpl.com\/news-articles\/wp-json\/wp\/v2\/tags?post=4538"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}