PREMIER LEAGUE

PREMIER LEAGUE RULES: SECTION E
SECTION E: CLUBS – FINANCE
E.25.7. it ceases or forms an intention to cease wholly or substantially to carry on
its business save for the purpose of reconstruction or amalgamation or
otherwise in accordance with a scheme of proposals which have previously
been submitted to and approved in writing by the Board; or
E.25.8. it enters into or is placed into any insolvency regime in any jurisdiction
outside England and Wales which is analogous with the insolvency
regimes detailed in Rules E.25.1 to E.25.6 hereof.
E.26. A Club shall forthwith give written notice to the Board upon the happening of any
of the events referred to in Rule E.25.
E.27. At the discretion of the Board exercised in accordance with Rule E.33, a suspension
may take effect from the giving of the notice or it may be postponed subject to:
E.27.1. a condition that while the suspension is postponed the Club may not apply
to register or have transferred to it the registration of any Player; and
E.27.2. such other conditions as the Board may from time to time during
the postponement of the suspension think fit to impose.
E.28. Unless a suspension is postponed, a suspended Club shall not play in:
E.28.1. any League Match; or
E.28.2. any Premier Academy League Match or any successor competition thereto; or
E.28.3. any Premier Reserve League Match or any successor competition thereto; or
E.28.4. any of the competitions set out in Rules L.10 and L.11; or
E.28.5. any other match.
E.29. For the purposes of the League competition, the Board shall have power to
determine how the cancellation of a League Match caused by the suspension of
one of the Clubs which should have participated in it shall be treated.
E.30. While pursuant to this Section of these Rules a Club is suspended or its suspension
is postponed, the Board shall have power, subject to Rule E.33, to make such
payments as it may think fit to the Club’s Football Creditors out of:
E.30.1. any UK Broadcasting Money payable to the suspended Club under the
provisions of Rule D.17; and
E.30.2. any Overseas Broadcasting Money payable to the suspended Club under
the provisions of Rule D.19; and
E.30.3. any Title Sponsorship Money payable to the suspended Club under the
provisions of Rule D.21; and
E.30.4. any Commercial Contract Money payable to the suspended Club under
the provisions of Rule D.23; and
E.30.5. any Radio Contract Money payable to the suspended Club under the
provisions of Rule D.26.
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