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Thread: What are the rules that prevent Tan converting debt to equity?

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  1. #1

    Re: What are the rules that prevent Tan converting debt to equity?

    Quote Originally Posted by Penarth Blues View Post
    These are the rules: https://www.efl.com/-more/governance...y-regulations/

    Section 5.3 explains how much equity can be put in each year I think but I’ve not read it all. Let us all know where it says he can pay off the debt in one go
    That info is for championship clubs, as we are now in the premiership, surely they don't apply, is there anywhere that shows the rules for premiership clubs?

  2. #2

    Re: What are the rules that prevent Tan converting debt to equity?

    Quote Originally Posted by Igovernor View Post
    That info is for championship clubs, as we are now in the premiership, surely they don't apply, is there anywhere that shows the rules for premiership clubs?

    If a Championship Club is promoted to the Premier League (a Promoted Championship Club) the Promoted Championship Club shall, notwithstanding promotion, remain bound by these Rules following promotion as if it were still a Championship Club, until such time as it has complied with all of its obligations in respect of the Reporting Period covering its last Season as a Championship Club. Until such time as the Promoted Championship Club has so complied, each of these Rules shall be deemed to apply to that Promoted Championship Club

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