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, Aug 28, 08:18:14

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