June 23, 2015
The Football League toughens its insolvency rules
Football League clubs who are insolvent will now face stricter sanctions and be forced to repay the majority of their unsecured debts under new rules agreed at the Football League’s annual conference.
Clubs entering Administration will now receive a 12 point deduction, which could increase to 15 points if they are found to have flouted the new rules in relation to repaying unsecured creditors.
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