Upheld football creditors’ rule “becoming increasingly outdated”, expert says – OUT-LAW.com

Posted May 28th, 2012 in debts, insolvency, news, penalties, sport by sally

“The controversial rule allowing the Football League and Premier League to insist that football players, managers and other clubs get paid before other creditors if a football club enters administration will ‘likely become an irrelevance’ as penalties against insolvent teams become more sophisticated, according to an expert.”

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OUT-LAW.com, 28th May 2012

Source: www.out-law.com