Many of Nottingham Forest’s Premier League rivals need to exercise caution to avoid breaking the new, stricter regulations.
It has been revealed that Nottingham Forest and their Premier League opponents may be subject to punishment from the football association if they attempt to negotiate sponsorship agreements or investigate player transfers to teams or groups connected to their owners.
Olympiacos, a repeat winner in his home country, and Rio Ave in Portugal are two of the Greek businessman’s abroad clubs in which Forest is partnered. Olympiacos has been led by owner Evangelos Marinakis since the spring of 2017.
The initial regulations, which have since been updated, are now stricter than they were. By guaranteeing that transfers between clubs owned by the same group remain at market value and that they aren’t receiving unjustified sums of money from sponsorship, they have been implemented to stop elite teams from boosting revenue and bolstering their squads directly through their owners.
According to The Times, the league would impose punishment on any team found to have violated the new, stricter regulations. It is required of all clubs to take “all reasonable care” when considering player transfers within certain ownership groups. If a club is discovered to be in violation of the regulations, then
There is talk of a “bitter split” between clubs in ownership portfolios and those that aren’t as a result of the new laws. When the Premier League introduced the restrictions last month, a number of teams, notably Manchester City and Newcastle United, voted against them.
The league’s handbook states that it will “seek to ensure the long-term financial sustainability of clubs by extinguishing reliance on enhanced commercial revenues received from entities linked to the club’s ownership” , while encouraging “fairness amongst clubs, so that clubs are not able to derive an unfair advantage over domestic competitors by increasing revenues or reducing costs via arrangements with entities linked to a club’s ownership” .
Surprisingly, Wolves, Tottenham, Luton, and Fulham are the only Premier League teams without a connection to another club; the other 16 teams are all a part of a larger football organisation. Owners of Chelsea and Arsenal, respectively, include Stan Kroenke of Arsenal and Todd Boehly of Chelsea, who owns a share in Strasbourg, an MLS team.
