BusinessBusiness RecoveryPoints penalty for Premiership administration

Points penalty for Premiership administration

A nine-point penalty awaits Premier League clubs that go into administration from next season.

Link: Man U shareholders question accounts

The measure was agreed yesterday at a meeting of the league’s 20 chairmen and comes into effect from June 3, after the end of the current season.

The move means that Leeds United, currently over £80m in debt, will be unable to avoid a points penalty if they fall into administration next season whether they avoid relegation or not.

Leeds has desperately been trying to avoid administration and is currently in talks with a consortium about selling the club. If this fails however, the decision by the League may force them to look at administration sooner rather than later.

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