Leaders
Dallmeier

Business Directory

Browse the Directory

Sign Up to the Directory

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

Altrincham FC Seek New Investment

Thu 13th Jul 2017 | Clubs Ownership

At a recent Extraordinary General Meeting, the shareholders of Altrincham Football Club passed a series of motions which will now allow the club to bring in new investors. A new controlling share in...

Hartlepool United Announced Club Restructure

Wed 28th Jun 2017 | Clubs Ownership

Hartlepool United Chairman, Pam Duxbury has announced the first phase of the club’s restructure following relegation to the National League and subsequent resignation of Gary Coxall. Coxall...

Chinese company 5USport buy stake in Northampton Town

Mon 26th Jun 2017 | Clubs Ownership

Northampton Town Football Club have announced a new partnership with 5USport, a Sports Development and Education Company based in Guangzhou, China. As part of this partnership and following approval...

Leyton Orient purchased by business consortium headed by Nigel Travis, a life-long fan of the club

Fri 23rd Jun 2017 | Clubs Ownership

Leyton Orient Football Club has announced that it has been purchased by a business consortium Eagle Investments 2017 Limited, headed by British-born Nigel Travis, 67, the Chairman and CEO of Dunkin'...