Premier League clubs have approved changes to the Associated Party Transaction APT regulations, despite opposition from Manchester City, Newcastle United, Nottingham Forest, and Aston Villa.
The vote, which took place on Friday in London, saw 16 clubs in favor and four against. The changes were made following a ruling by an independent panel earlier this year that found some aspects of the previous regulations unlawful.
The new rules aim to ensure that commercial agreements reflect fair market value and prevent clubs from gaining unfair advantages through deals with associated parties.
The vote required a minimum of 14 clubs to pass, and the changes include integrating the assessment of shareholder loans and removing some modifications made earlier this year
