On Friday, UEFA gave the green light to AC Milan, Aston Villa, and Brighton to participate in European competitions next season. This decision was made because these clubs made some adjustments to ensure they comply with the multi-club ownership rule and avoid any potential conflicts.
Milan, who have won the European championship seven times, have the same owners as Toulouse, the winners of the French Cup. Similarly, Villa’s owners have a stake in Vitoria Guimaraes, a Portuguese club.
In 2018, Tony Bloom, the owner of Brighton, acquired Union Saint-Gilloise, making him the majority shareholder of the Belgian team.
The governing body of European football has assigned investigators to examine the connections between the teams involved. However, they have stated that they are now confident that no one has control or significant influence over more than one club participating in their competitions.
UEFA stated that the clubs and their investors have made important changes, and as a result, the CFCB First Chamber has approved their participation in the UEFA club competitions for the 2023/24 season.
The CFCB discovered that the clubs made important changes that helped them meet the multi-club ownership rule.
It stated that these changes greatly limit the influence and decision-making power of investors over multiple clubs, in order to comply with the rule on owning multiple clubs.
UEFA has implemented regulations on multi-club ownership to ensure the fairness and integrity of its competitions, especially when teams that have shared ownership could potentially face each other in matches.
According to the rules, a club is not allowed to own or trade securities or shares of another club that is participating in a European competition. Additionally, a club cannot be a member of any other club that is taking part in UEFA competitions.
Furthermore, it is not possible for any individual to be “simultaneously involved” in managing, administering, or participating in the sports performance of more than one club.
To ensure compliance with the rules, none of the clubs involved will be allowed to transfer players to one another, either permanently or on loan, until September 2024.
Milan is scheduled to participate in the upcoming Champions League, while Brighton, Union, and Toulouse are set to compete in the Europa League. Villa and Vitoria are both participating in the qualifying rounds of the Conference League.