Premier League Chief Executive Masters Writes to Clubs Following Manchester City Legal Victory

Masters noted that there have been numerous discussions among club members in recent days, with valuable and enlightening feedback shared.

"We now have a comprehensive set of information and data which is helping to inform our recommended approach and rule amendment drafting.

"We are taking the necessary time to develop our proposals and the associated draft rule amendments for club consideration. We will circulate these to clubs when fully considered and ready, which may impact on the scheduling of our planned meetings with Financial Controls and Legal Advisory Groups, and all clubs next week."