uefas club financial control body cfcb announced on friday that it has cleared the way for several teams to participate in next seasons competitions following the relaxation of rules on multiclub ownership by europes soccer governing bodyearlier proceedings had been opened against aston villa and vitoria sport clube brighton hove albion and royal union saintgilloise as well as ac milan and toulouse due to potential conflicts with the multiclub ownership rulehowever after reviewing the cases the cfcb has now given the green light for these teams to compete ac milan and toulouse are majorityowned by redbird capital partners while aston villas owners nassef sawiris and wes edens hold a stake in vitoria brighton owner tony bloom also has a stake in royal union saintgilloisewith the relaxation of the multiclub ownership rule these teams can now proceed with their participation in the upcoming competitions without any obstaclesfollowing the implementation of significant changes by the clubs and their related investors the cfcb first chamber accepted the admission of the aforementioned clubs to the uefa club competitions for the 202324 season uefa saidthe cfcb found that the significant changes implemented brought the clubs into compliance with the multiclub ownership rulethe rules say no club may hold or deal in securities or shares of any other club participating in uefas competitions and that no club can be a member of any other club participating in uefa competitionsfurthermore no one person has the power to be simultaneously involved in management administration andor sporting performance of any club and they must not have any control or decisive influence over more than one clubmore specifically the significant changes that were implemented relate to the ownership governance and financing structure of the concerned clubs uefa addedthese changes substantially restrict the investors influence and decisionmaking power over more than one club ensuring compliance with the multiclub ownership rulesome of the significant actions taken include significant reduction of the investors shareholding in one of the clubs or transfer of the effective control and decision making of one of the clubs to an independent party and significant restrictions in the ability to provide financing to more than one clubthe clubs will not be allowed to transfer players to each other permanently or on loan until september 2024 and cannot share scouting databases with reuters inputs