Administration loophole closed

[bailey]

http://www.seagulls.premiumtv.co.uk/page/News/LatestDetail/0,,10433~1034341,00.html

Bit of a no-brainer really but about time.

 

[bailey]

League Loophole Closes

Football League Press Release

At their Annual General Meeting in the Algarve, Football League club Chairmen have voted unanimously in favour of a proposal by the League Board to amend the League's 'Sporting Sanctions' regulations.

This move closes the existing loophole that enables clubs going into administration, once effectively relegated, to avoid any negative effect from the ten point deduction imposed by the Football League.

The new amendment introduces a cut-off date of the fourth Thursday in March. Any club going into administration after this point will have its ten point deduction withheld until it is known whether the Sporting Sanction will have a material effect.

Leeds dodged the ten-point penalty next season

If the club is ultimately relegated, regardless of the ten point deduction, then the sporting sanction will occur in the following season, with the club beginning the new campaign on minus ten points.

However, if the club is not relegated it will suffer the points deduction in the current season (though this could still subsequently relegate it).

In welcoming this decision Football League Chairman Lord Mawhinney said, "I am delighted that clubs have backed their Board so strongly on this issue.

"The changes we have made today enable the League's Sporting Sanctions regulations to remain true to their original aim. Clubs should suffer a sporting penalty as a consequence of going into administration, as this acts as a spur to better financial management."

 

[NMH]

It's a pity they didn't decide to backdate it, so the barefaced Leeds United couldn't benefit from the loophole.

Never mind the West Ham tevez Mascerano affair, the Leeds administration debacle should be seen as the real crime of the season.

 

[dougdeep]

In the bloody Algarve? What's wrong with this country?

 

[e77]

In the bloody Algarve? What's wrong with this country?

I was thinking that!

 

[Beach Hut]

Sounds like jobs for the boys if this conference needs to be in Portugal.

Plenty of good weather in the UK at present.

 

[Joey Jo Jo Jr. Shabadoo]

It's a pity they didn't decide to backdate it, so the barefaced Leeds United couldn't benefit from the loophole.

Never mind the West Ham tevez Mascerano affair, the Leeds administration debacle should be seen as the real crime of the season.

The only problem with that would be Leeds could sue the FL, they didn't actually break any rules by doing what they did, sure it wasn't very sporting of them but in this case there really isn't much the FL could do but close the loophole. Anything else would have created as big a legal wrangling as the whole West Ham case.

People only seem to be moaning because its Leeds, no-one mentions Boston who went into administration even later in the season than Leeds did.

 

[BUTTERBALL]

Good news, what Leeds did was completely unethical

 

[Publius Ovidius]

what was the situation with Rotherham? was it that they went into administration during the summer?

 

[the wanderbus]

The only problem with that would be Leeds could sue the FL, they didn't actually break any rules by doing what they did

Didn't there used to be, or possibly still is, a charge of "not acting within the spirit of the laws of the game"? Pretty sure they'd be guilty on that one.