Premier League bosses head to London hotel for shareholder's meeting
PICTURED: Todd Boehly, Karren Brady and Steve Parish head to swanky Churchill hotel in London for Premier League shareholders’ meeting amid charges against Man City
- Brighton’s Tony Bloom and Wolves’ Matt Wildwere also spotted arriving today
- Financial Fair Play regulations likely be on the agenda at the quarterly meeting
- The Premier League charged City with more than 100 financial rule breaches
Premier League bosses including Chelsea owner Todd Boehly, West Ham’s Karren Brady and Crystal Palace’s Steve Parish were pictured arriving at the Churchill hotel in London on Friday for a crunch shareholders’ meeting.
The gathering of representatives from each top-flight club follows the Premier League charging Manchester City on Monday with more than 100 alleged financial rule breaches across a nine-year period.
Financial regulations will likely be on the agenda at the quarterly shareholder meeting – as well as the crisis at City.
Brighton and Hove Albion’s Tony Bloom, Aston Villa’s Christian Purslow and Wolverhampton Wanderers’ Matt Wild were also spotted arriving at the Hyatt Regency venue in the capital.
Premier League executives anticipated that the upcoming shareholder meeting would be ‘a feisty occasion with a lot of finger-pointing’ earlier this week, according to the Independent.
Premier League bosses were pictured arriving at the Churchill hotel in London on Friday for a shareholders’ meeting. Pictured: Chelsea owner Todd Boehly
The gathering of representatives from each top flight club came as the Premier League charged Manchester City on Monday. Pictured: West Ham’s Karren Brady
Financial Fair Play regulations will likely be on the agenda at the quarterly shareholder meeting – as well as City’s impending crisis. Pictured: Crystal Palace’s Steve Parish
It is understood that clubs hold varying opinions towards Financial Fair Play regulations, but news of Manchester City’s alleged breaches has been described as ‘one of the most unifying factors since the Super League’.
The charges against the reigning champions relate to financial information regarding revenue, details of manager and player remuneration, UEFA regulations, profitability and sustainability and co-operation with Premier League investigations.
They have been referred to an independent commission to be chaired by Murray Rosen. The case is expected to drag on, with some lawyers predicting it could be years before it is fully resolved.
Despite the serious allegations, there is considerable confidence within the City camp that they will be able to defend themselves.
The fact that the charges cannot be time-barred – something which led to their appeal against UEFA following their ban from the Champions League being partially upheld – is even being seen as a positive, with some feeling that being able to defend the charges in full represents an opportunity.
City have denied any breaches of financial rules.
Manchester United, Chelsea, Liverpool and Arsenal in particular are pushing hard for the Premier League to punish Manchester City after their alleged breaches.
Points deductions and even expulsion from the league are among the punishments available to the commission should they find City guilty.
Brighton and Hove Albion’s Tony Bloom, Aston Villa’s Christian Purslow (pictured) and Wolverhampton Wanderers’ Matt Wild were also spotted arriving at the Hyatt Regency venue in the capital
The charges against the reigning champions relate to financial information. Pictured: Wolverhampton Wanderers’ Matt Wild
Premier League executives anticipated that the upcoming shareholder meeting would be ‘a feisty occasion with a lot of finger-pointing’ earlier this week. Pictured: Brighton and Hove Albion’s Tony Bloom
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