Southampton administrators to appeal points deduction
Administrators for Southampton Football Club's parent company will appeal decision to deduct points from the club
Southampton Leisure holdings administrators will fight the decision by the
Football League to deduct points from the football club linked to the parent
company.
Southampton Football club will be relegated from the Championship for
breaching the league’s insolvency rules.
The Football League docked the club ten points after the club’s parent
company Southampton Leisure Holdings entered administration. It decided after a
review by Grant Thornton that the financial links between the two were so close
that a ten point penalty was appropriate.
Administrators from Begbie Traynor said an ‘incorrect conclusion had been
reached’, reported City AM. An appeal is expected to be launched.
If the club survives conventional relegation the league will deduct the pints
for this season, which will relegate the club. If they are relegated by not
gaining enough points, the penalty will apply to next season.
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