Premier League clubs agree to tighter new rules over the ownership of clubs

Anyone found to have misled the Premier League when attempting to purchase a club could be stopped from taking ownership

Premier League clubs have agreed to strict new ownership rules (AFP)

Premier League clubs have agreed to changes that will tighten rules around ownership.

At the league's annual shareholder meeting on Thursday, it is understood it was decided unanimously by all the clubs that legislation changes would be made, including the introduction of provisions to bar particular individuals or groups from buying a club.

Specifically, anyone found to have misled the Premier League when attempting to purchase a club could be stopped from taking ownership.

Examples could include a failure to provide relevant information to the league or false information relating to finance.

The new measures will see a change to the Premier League's Owners and Directors Test, the code of conduct which is applied to owners throughout the football pyramid and governed by the Premier League, the English Football League and the Football Association.

It is understood other changes were also agreed regarding the checks the league will be able to put in place on prospective new owners, with further details expected in the coming days.