ICSM Football Insolvency News: Caley Thistle’s CVA, Dumbarton’s rescue, Football Gov Bill set to ban ‘dodgy’ owners and Blackburn’s women’s team axed – and a list of clubs who have gone bust before
Summary by harrymottram.co.uk
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ICSM Football Insolvency News: Caley Thistle’s CVA, Dumbarton’s rescue, Football Gov Bill set to ban ‘dodgy’ owners and Blackburn’s women’s team axed – and a list of clubs who have gone bust before
By Harry Mottram: The majority of professional football clubs in England and Scotland are technically insolvent. It’s one of the reasons the Football Governance Bill is set to become law this year forcing clubs to ‘clean up their finances’ and to end ‘dodgy’ owners buying clubs and mismanaging their finances. Everyone in the game is keen to see that the new football regulator is given powers to end the ludicrous situation where people without th…
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