It is also understood there is unlikely to be a vote on Thursday around new financial rules, which are due to link squad costs to anchoring around broadcast income received by the league’s lowest clubs.

Although hope was expressed in April that the league would be in a position to put a concrete proposal to their clubs at the annual meeting, it was always felt the timescale was tight.

Thursday’s meeting in Harrogate comes after Manchester City launched a legal battle against the Premier League over the organisation’s commercial rules.

BBC Sport understands an arbitration hearing surrounding the legality of the league’s associated party transaction (APT) rules, which determine whether sponsorship deals are financially ‘fair’, has been set for 10-21 June.

City’s battle could have long-term implications on the Premier League’s financial rules but current Profit and Sustainability Rules are set to remain in force next season.

Instead of voting in new regulations this summer and then run them next season in shadow form, the league plans to evaluate the new rules as the 2024-25 campaign progresses and iron out any potential issues with the Professional Footballers Association in the hope it is economically and legally sound enough to be adopted.

It is not clear how this will affect ‘New Deal’ discussions over funding with the Football League, which the Premier League paused earlier this year as they attempted to sort their own financial regulations out.

It had been expected the Football Governance Bill, which includes the introduction of a football regulator, would be passed this year but the General Election means the whole issue of a regulator will need to be raised again.

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