The Blackpool boss made 10 changes to his team for a meeting with Villa on Wednesday, drawing comparisons with Wolves' decision to make sweeping alterations for their clash at Manchester United last term.
Mick McCarthy hinted at the time that he had taken that decision in an effort to protect his key men for bigger challenges which lay ahead, with Wolves aware that their survival bid was unlikely to rest on results against the top teams.
McCarthy was handed a suspended £25,000 for fielding a supposedly weakened team and there have been suggestions that Holloway could face a similar fate this term, with the Premier League having already revealed that they are to investigate.
The eccentric tactician has already announced that he intends to quit his post should any action be taken, as he believes managers should be allowed to select whoever they want from within their squad.
Holloway has not wavered from that stance and insists the side he fielded against Villa was no weaker than the one he has selected on a regular basis this season.
He said: "I am working within their rules and I went into that game last night believing we could win. You will have to ask Mick why he said those things when he went to Man Utd, because that's a totally different scenario."
Asked if he still intended to resign should the authorities get involved, he added: "Absolutely. What's the point? I am paid to be the manager of Blackpool Football Club, to bring in players and utilise them in a 25-man squad.
"I didn't play anyone outside of my 25. Matt Phillips is in my 25, albeit he is only a 19-year-old. I don't understand what they're talking about. They should judge my team on how it played. If we had lost 10-0, then maybe I played a weakened team.
"I'm trying to move my squad forward, to see who is good enough and who isn't good enough. I believe they all are, I wouldn't have signed them otherwise.
"I am not having anyone tell me who I can play. My chairman doesn't do it so why should the Premier League? And who the hell are they to tell me, with the greatest respect, who I have signed, are they good enough or not before they have even had a chance to play?"
Holloway insists his decision to make changes was based on the fact that Blackpool are in the midst of a gruelling fixture schedule.
He maintains that he had the best interests of the club at heart and is bemused by the reaction to his selection.
He added: "I am only doing my job as best I can. I am coaching people and I am encouraging people.
"I am a football coach, I don't work for the Premier League. They can write their rules, they can do what they like. I am a football coach and my job is to coach 25 first-team players, and that's what they, they aren't reserves, they aren't youth team players.
"I picked a team that is probably more experienced in the Premier League than the one I have been playing.
"How can anyone in their right mind, when they know the facts, sit there and think about it logically, rather than saying 'look at Wolves, this is the same thing', say it was a weakened team. It's not the same scenario."
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