So, what is an ‘associated party’?
The Premier League says it will judge an “associated party” on the “substance of the relationship and not merely the legal form”.
An associated party can be defined as having “material influence over the club or (being) an entity in the same group of companies as the club”.
Close family members are also covered, as well as entities holding loan, debt or other security interests.
Also included is when a club and an entity are “directly or indirectly controlled, jointly controlled, or materially influenced by the same government, public or state-funded body or by the same party”.