Premier League proposes changes 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 solicitor.

One suggested amendment relates to the definition of ‘fair market value’, which is described in 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 settled liability, or a service provided, between informed parties willing to participate in a transaction under normal market conditions.”

In what could be seen as a possible relaxation of restrictions, it is proposed to modify the definition 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 informed and willing parties in an arm’s length transaction.”

If voted in favor, softening “would” to “could” and removing the words “under normal market conditions” could give clubs more scope to agree commercial deals with associated parties.

It is also proposed to reverse the exclusion of shareholder loans from the APT rules.

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

Both City and the Premier League declined to comment.