How could they have stopped that mortgage?
How intrusive do we want the EFL to be? Every significant decision being vetted? Permission to buy players or award big salaries? Permission to pay an agents fee? How do you set a maximum mortgage arrangement fee or interest rate?
Is it safe to assume the EFL has people financially and commercially competent enough to second guess a commervial decision a club takes?
What happens when they don't let a club take a commercial decision that then causes it to fold?
Even the FCA isnt this intrusive, and I dont think people really want the FA (as it would need to be a national thing to avoid the mismatch of regulation) to be like the FCA with the cost burden and level of regulation involved.
However a good start would be enforcing the fit & proper tests properly and with some consequence for not complying. Maybe Bury is the start of them doing so.
Posted By: CWC on August 28th 2019 at 08:18:14
Message Thread
- Terrible about Bury, but these things happen sadly. I remember this vividly (Other Football) - shoddy, Aug 28, 07:49:07
- I do wonder if they're over-reaching themselves right now though (Other Football) - duke of york, Aug 28, 10:15:28
- Agreed. IIRC the bust came shortly after a similar boom time to today's team (Other Football) - Yellalee, Aug 28, 12:53:50
- See also, Lowestoft (n/m) (Other Football) - duke of york, Aug 28, 13:30:49
- Agreed. IIRC the bust came shortly after a similar boom time to today's team (Other Football) - Yellalee, Aug 28, 12:53:50
- It's terrible for the fans and I really, really feel for them (Other Football) - Yurik Hunt, Aug 28, 09:25:02
- Maidstone were expelled 30 years ago and have never made it back (Other Football) - King, Aug 28, 08:05:20
- Stones were liquidated, not expelled... (Other Football) - Worthing Yellow, Aug 28, 08:36:29
- Decent little ground, not sure about the artificial pitch (Other Football) - SimonOTBC, Aug 28, 09:31:36
- How could they have stopped that mortgage? (Other Football) - CWC, Aug 28, 08:18:14
- Yeah, I think people overestimate the EFL's powers (Other Football) - mr carra, Aug 28, 08:31:21
- I guess the trouble is... (Other Football) - mr carra, Aug 28, 08:16:08
- I totally agree with you. (n/m) (Other Football) - shoddy, Aug 28, 08:11:40
- Stones were liquidated, not expelled... (Other Football) - Worthing Yellow, Aug 28, 08:36:29
- I do wonder if they're over-reaching themselves right now though (Other Football) - duke of york, Aug 28, 10:15:28
Reply to Message
In order to add a post to the WotB Message Board you must be a registered WotB user.
If you are not yet registered then please visit the registration page. You should ensure that their browser is setup to accept cookies.