VSI
Dallmeier

Business Directory

Browse the Directory

Sign Up to the Directory

Levy
FC Business Twitter
FC business Linked in
FC Business facebook
FC Business Youtube

Leeds United ownership may be revealed

Wed 28th Apr 2010 | Clubs Ownership

The Premier League and Championship are considering standardising rules and Leeds United may have to reveal their ownership if they get promoted. Until now only Premier League club s have had to reveal their owners information and so Leeds in League One have managed to keep their ownership structure under wraps. 

Now the Premier League has proposed that the Football League should align the Championship's rulebook with the Premier League's as part of the plans to improve the solidarity payments and parachute settlements. Shareholders with more than 10 per cent stake will have to be listed in the respective clubs' websites. This proposal will be put forth to the clubs by the Football League in June. The Premier League is planning to increase the parachute payments to £48 million over four years from the present £23.4 million over two years and there is also going to be a increase in the solidarity payments to Football League clubs.

The issue of opaque ownership is a campaign backed by MPs and supporters' groups. Greg Clarke, the chairman of the Football League, had said when he took up his position that he had "a propensity to think that transparency is a wonderful thing".

Add to: Google Google | Yahoo Yahoo | Live Live | del.icio.us del.icio | Digg Digg |

Related Articles

Portsmouth Enter Possible Takeover Talks

Thu 23rd Mar 2017 | Clubs Ownership

Portsmouth Football Club has confirmed it’s in talks regarding a potential takeover. In a statement released by the club, they said: “Portsmouth Community Football Club would like to...

Walker Morris Advise On Leeds United Sale

Thu 5th Jan 2017 | Clubs Ownership

Specialist Sports Law Team at Walker Morris reinforces its national reputation for football club acquisitions/sales with the latest sale of Leeds United FC. Specialist sports lawyers at Walker Morris...

Aser Group Holding Acquires 50% Of Leeds United

Wed 4th Jan 2017 | Clubs Ownership

Aser Group Holding has completed its investment in Leeds United Football Club today. Leeds United Football Club has confirmed Aser Group Holding, through its acquisition vehicle Greenfield Investment...

Notts County Sold To Local Businessman

Mon 19th Dec 2016 | Clubs Ownership

Notts County owner Ray Trew has confirmed the sale of the club after reaching an agreement with local businessman Alan Hardy. Having held discussions with a number of prospective buyers in recent...