The Premier League has warned its clubs it will be "taking the necessary time" to decide how to respond to this week's landmark verdict in the legal battle with Manchester City over rules governing commercial deals.
In a letter sent by chief executive Richard Masters - and seen by BBC Sport - he hints at a possible delay to a key meeting to discuss the situation, advising there could be an "impact on the scheduling".
Both sides claimed victory after the decision of an arbitration panel was published on Monday following a legal challenge by City against the league's associated party transaction (APT) regulations.
APT rules are in place to ensure sponsorship deals with companies linked to clubs' owners represent fair market value.
City had some complaints upheld, with two aspects of the rules deemed unlawful by the tribunal.
The tribunal said low-interest shareholder loans should not be excluded from the scope of APT rules, and that changes made in February to toughen up the regulations also breached competition law.
In its initial response on Monday, the Premier League said the panel "endorsed the overall objectives, framework and decision-making of the APT system", adding it would seek to amend its rules "quickly and effectively".
Its Financial Controls Advisory Group and Legal Advisory Group are due to meet next Tuesday, with a full meeting of the clubs following on Thursday.
