Page 8 - Deal Round Up October 2019

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up and down the land.
“Some football clubs sit on very healthy assets, pieces of land that their ground has been built
on and have been in the club’s ownership for generations. That is quite an attraction to some
speculators. Those assets deserve some protection. The FA can provide that. The FA would
deter speculators and chancers from taking over our football clubs.
“You can’t expect clubs to regulate themselves. You need some independence in the regulation.
We believe the most appropriate regulator is The FA.
“The leagues are privately owned entities owned by the football clubs themselves and they
are going to be less likely to vote for stronger regulation.
“Self-regulation in the EFL has been shown to have failed and it’s now time for The FA to
step in and apply that regulatory structure.
“If The FA doesn’t step in then it should be government because football clubs are not just like
any other businesses, they are cultural and community assets in their local towns and cities
and therefore they deserve a greater level of protection.”
The FSA are also calling for the Owners’ and Directors’ Test to be strengthened with a more
stringent process put in place.
“The provisions within the Owners’ and Directors’ Test we believe to be inadequate,” said
Walsh, referencing the ownership of Steve Dale at Bury and Bolton’s Ken Anderson. “Those
tests clearly need to be strengthened.
“We also believe there should be greater scrutiny of spending at football clubs to ensure they
are being run in a sustainable manner.
“Stewart Day, who owned Bury before he sold to Steve Dale, racked up millions of pounds
worth of debts incurred because of over spending. No action was taken by the Football League
or The FA.
“There needs to be a review of the finances in the game. We would argue there needs to be
a fairer distribution of wealth but that should be done within a regulatory framework because
we equally do not want to see owners such as the Oystons, who took advantage of their
stewardship of Blackpool to enrich themselves. One thing is for certain, we cannot stand still.”
It’s A Funny Old Game - Some Funny Football Quotes
Malcolm Allison on taking criticism from John Bond, “John Bond has blackened my
name with his insinuations about the private lives of football managers. Both my wives are
upset”.
A Scotland player of 1978 on manager Ally McCloud, “I think Ally McCloud believes
tactics are a new kind of peppermint”.

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