Premier League proposes amendments to APT rules in response to Manchester City ruling

In the letter – which has been seen by BBC Sport – clubs are told that the proposed changes are also the result of legal advice from a barrister.

One suggested amendment relates to the definition of ‘fair market value’, which is described in the current APT rules as “the amount for which an asset, right or other subject matter of the transaction would be sold, licensed or exchanged, a liability settled, or a service provided, between knowledgeable, willing parties engaging in an arm’s length transaction in normal market conditions”.

In what could be seen as a potential easing of the restrictions, it is proposed that the definition is amended to “the amount for which an asset, right or other subject matter of the transaction could be sold, licensed or exchanged, a liability settled, or a service provided, between knowledgeable, willing parties in an arm’s length transaction”.

If voted through, the softening of “would” to “could”, and the deletion of the words “in normal market conditions” could potentially give clubs more scope to agree commercial deals with associated parties.

It is also proposed that the exclusion of shareholder loans from APT rules is reversed.

It is unclear whether the suggested amendments will receive the required two-thirds majority to be passed.

Both City and the Premier League declined to comment.