PREMIER LEAGUE
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PREMIER LEAGUE

PREMIER LEAGUE PREMIER LEAGUE

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15.05.2013 Views

SECTION E: CLUBS – FINANCE 109 PREMIER LEAGUE RULES: SECTION E

PREMIER LEAGUE RULES: SECTION F CLUBS: FINANCE AND GOVERNANCE SECTION F: OWNERS’ AND DIRECTORS’ TEST Disqualifying Events Old Rule F.1. A Person shall be disqualified from acting as a Director and no Club shall be permitted to have any Person acting as a Director of that Club if: F.1.1. either directly or indirectly he is involved in or has any power to determine or influence the management or administration of another Club or Football League club; or F.1.2. either directly or indirectly he holds or acquires any Significant Interest in a Club while he either directly or indirectly holds any interest in any class of Shares of another Club; or F.1.3. he becomes prohibited by law from being a Director (including without limitation as a result of being subject to a disqualification order as a director under the Company Directors Disqualification Act 1986, or being subject to the terms of an undertaking given to the Secretary of State under that Act, unless a court of competent jurisdiction makes an order under that Act permitting an appointment as a Director); or F.1.4. he has a conviction (which is not a Spent Conviction) imposed by a court of the United Kingdom or a competent court of foreign jurisdiction: F.1.4.1. in respect of which an unsuspended sentence of at least 12 months’ imprisonment was imposed; or F.1.4.2. in respect of any offence involving any act which would reasonably be considered to be dishonest (and, for the avoidance of doubt, irrespective of the actual sentence imposed); or F.1.4.3. in respect of an offence set out in the Appendix 12 Schedule of Offences or a directly analogous offence in a foreign jurisdiction (and, for the avoidance of doubt, irrespective of the actual sentence imposed); or F.1.5. he makes an Individual Voluntary Arrangement or becomes the subject of an Interim Bankruptcy Restriction Order, a Bankruptcy Restriction Order or a Bankruptcy Order; or F.1.6. he is or has been a Director of a Club which, while he has been a Director of it, has suffered 2 or more unconnected Events of Insolvency in respect of each of which a deduction of points was imposed (and for the purposes of this Rule F.1.6 and Rule F.1.7 a person shall be deemed to have been a Director of a Club which has suffered an Event of Insolvency if such Event of Insolvency occurred in the 30 days immediately following his having resigned as a Director of that Club); or F.1.7. he has been a Director of 2 or more Clubs or clubs each of which, while he has been a Director of them, has suffered an Event of Insolvency in respect of each of which a deduction of points was imposed; or F.1.8. he is subject to a suspension or ban from involvement in the administration of a sport by any ruling body of a sport that is registered with UK Sport or Sport England, or any corresponding national or international association, whether such suspension or ban is direct or indirect (for example a direction to Persons subject to the jurisdiction of the ruling body that they should not employ, contract with or otherwise engage or retain the services of an individual); or 110 D.2

SECTION E: CLUBS – FINANCE<br />

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<strong>PREMIER</strong> <strong>LEAGUE</strong> RULES: SECTION E

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