If football’s “super creditor” rule disappears, can a ninety-two club, fully professional football league be sustained?
In its recent report on football finances, the self-appointed All Party Parliamentary Football Group (APFG) advocated the abolition of football’s “super creditor” rule which discriminates against trade creditors when a club goes into a Creditor’s Voluntary Arrangement (CVA) or into administration. The discrimination arises because the rule requires that football creditors (ie players and other … Read more