The Premier League teams accepted, on Thursday, the principle of an owners’ charter which « will reaffirm the values and expectations placed on clubs and their owners ” with the aim of preventing any future participation of England in a European Super League project.
“The shareholders discussed a series of questions and once again committed to relying on the collective of 20 clubs to benefit all of football., the Premier League said in a statement. Following the deal reached between the Premier League, the FA and the six clubs involved in the proposals to create a European Super League, shareholders today approved rules to further protect the League against any future split from the competition. Clubs that break the new rules will be subject to significant penalties. “
Arsenal, Chelsea, Liverpool, Manchester United, Manchester City and Tottenham fined
On Thursday, the six Premier League clubs that had planned to join the Super League were fined. Arsenal, Chelsea, Liverpool, Manchester United, Manchester City and Tottenham have agreed to pay the Premier League a € 4m fine each. They are exposed to a penalty of € 23 million each and a penalty of 30 points if they try again in the future.
“These additional rules and regulations are put in place to ensure that the principles of the Premier League and open competition are protected, and to bring certainty and stability to our clubs and their fans”, concludes the Premier League press release.