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    Home » Premier League chief Richard Masters ‘under pressure’ following Nottingham Forest’s FFP decision
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    Premier League chief Richard Masters ‘under pressure’ following Nottingham Forest’s FFP decision

    adminBy adminFebruary 11, 2024No Comments2 Mins Read
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    Latest Nottingham Forest news from NottinghamLive covers the latest on Richard Masters’ future in the Premier League.

    Premier League chief executive Richard Masters is reportedly facing criticism for his leadership after a group of teams banded together to address a number of concerns.
    According to the Daily Mail, seven of the clubs that declined to support the implementation of new associated party transaction rules (APT) last week were among the eight that voted against measures to ban loan transfers in November.

    According to the article, Nottingham Forest, Manchester City, Newcastle, Chelsea, Everton, and Sheffield United voted against the league on Friday, while Crystal Palace and Burnley abstained.

    Masters stated earlier this month that the potential of modifying the Profitability and Sustainability Rules to a ‘squad cost ratio’ model would be examined. The Premier League chairman told a Parliamentary Select Committee that because up to 35% of the league’s teams play continental games every season and are already required to obey UEFA rules, it would be considered whether the rest of the league should follow suit.

    Masters’ position is not thought to be under immediate threat due to the quantity of challenges he is currently dealing with. Along with this week’s vote, clubs are claimed to be growing dissatisfied with the implementation of Profit and Sustainability Rules, changes to the loan system, and the financial settlement handed to the EFL.

    Further conflicts over future TV rights and digital strategy have left clubs as divided as they have been during the Premier League’s 32-year history.

    Masters is under pressure after the top flight’s chief executive defended his labeling of Forest as a “small club”. During a Culture, Media, and Sport Committee hearing in January, he was questioned if ‘major clubs’ are handled differently in terms of financial laws, following the Reds and Everton’s charges for alleged breaches.

    He responded by saying: “The standard direction [for Profit and Sustainability rules] are for everybody, they’re not just for the small clubs.” He later clarified that he meant the rules were in place for all clubs.

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