theUEFA accepted admission to European competitions for the next season of Astonville and the Victoria Guimarãeson the one hand, from Brighton and the Royal Union Saint GiloiseOn the other hand, and Milan and the Toulousethat share the same owner.
Previously, the First Chamber of Financial Supervision of European Union Clubs had opened proceedings against these clubs for Possible conflict with timeshares rule Clubs included in Article 5 of the UEFA Club Competition Regulations. The European organization prevents two or more clubs run by the same company or owners from competing in European competitions at the same time. UEFA has seen the cases of Aston Villa, Vitoria, Brighton, Union Saint-Gilloise, Milan and Toulouse.
However, the European body noted that by checking “significant changes on the part of clubs and their associated investors, Chamber I of the CFCB has accepted the admission of the aforementioned clubs to UEFA club competitions for the 2023/24 season”. The CFCB found that the significant changes implemented resulted in clubs complying with the multi-club ownership rule, bearing in mind that henceforth, “no club shall own, either directly or indirectly, or deal in the stock or equity of any other club.” “. in UEFA club competition; No club is a member of any other club participating in a UEFA club competition; no one has any power or is simultaneously involved, directly or indirectly, in any managerial position, management and/or sporting performance of more than one club participating in a UEFA club competition; And no one has control or decisive influence over more than one club in the UEFA club competition.”
More specifically, the significant changes that have been implemented relate to the ownership, governance and financing structure of the respective clubs. These changes significantly restrict the influence and decision-making power of investors to more than one club, ensuring compliance with the multi-club ownership rule.
Some of the significant measures taken include “significantly reducing the share of investors in a club, or transferring effective control and decision-making from one club to an independent party; significant restrictions on the ability to provide financing to more than one club; no representation on the board nor the ability The appointment of new directors directly to the board of directors of more than one club. The inability to exercise control over more than one club at the level of the board of directors or in general meetings through veto rights or contractual agreements concluded with other shareholders.
Moreover, as further evidence of his independence, All interested clubs have accepted the following conditions: “The clubs will not transfer players to each other, either permanently or on loan, directly or indirectly, until September 2024; the clubs will not enter into any kind of cooperation or joint technical or commercial agreements; and * the clubs will not use scouting subscriber or player database”.
In cases of multi-club ownership, UEFA rules give priority to the highest-ranked team in the domestic league last season.. The lowest ranked team risks being eliminated. The regulations around this, for several clubs belonging to the same owner, were made more clearly in 2017 when both Leipzig and Salzburg qualified for the Champions League. UEFA allowed them to play the premier continental championship despite the fact that both were part of the Red Bull Group.
