A classic example of trying to hide embarassing news (statement released on the Wednesday night with the budget statement, Champions League etc), the EFL have released a statement confirming Leicester City have won their case that the EFL has no right to force them to produce a Business Plan showing how they will address potential FFP issues.
The main reasoning seems to be that because of ambiguity in the EFL regulations, the fact City were in the Premier League for part of the financial Year, they were not obliged to provide the plan. Reading the summary of the findings it seems pretty obvious to me that this is the only conclusion the independent commission could have come to.
No wonder many argue you can’t use EFL and fit for purpose in the same sentence !!
The main reasoning seems to be that because of ambiguity in the EFL regulations, the fact City were in the Premier League for part of the financial Year, they were not obliged to provide the plan. Reading the summary of the findings it seems pretty obvious to me that this is the only conclusion the independent commission could have come to.
No wonder many argue you can’t use EFL and fit for purpose in the same sentence !!