From the DT“ Each of the nine clubs who, at any time of determination, have been members of the Premier League continuously for more seasons than other clubs will be considered a ‘Long-Term Shareholder’.”Key word is “continuously” which is why the 9 consists of the big six (sorry chaps but it saves typing) plus Southampton,Everton and WHUWe’re excluded because of our 2 years in the wilderness
Southampton Everton and West Ham must know that only needing six votes from nine to pass a motion is not good news for them.
Each of the nine clubs who, at any time of determination, have been members of the Premier League continuously for more seasons than other clubs will be considered a ‘Long-Term Shareholder’.Two-thirds of the long-term shareholders can cause to be adopted without approval from the other clubs:i) the election or removal of the CEO and/or a member of the board;ii) amendments to cost control rules and regulations;iii) contracts for the sale of league broadcasting and media rightsTwo-thirds of the long-term shareholders can prevent from being adopted resolutions to:i) change the distribution rights of the sponsorship, commercial and broadcasting rights soldcentrally;ii) change the distribution to clubs from other PL centralised rights or assetsc) alter in a material way the nature of the competitionTwo-thirds of the long-term shareholders can veto the Premier League board’s approval of a proposed new owner.