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Post by Zos on Apr 18, 2019 9:28:54 GMT
Can only wish them well but history doesn't show this bloke in a good light..... www.bbc.co.uk/sport/football/47963769Such paltry coverage we have now days though for hugely important football matters in a Premier League obsessed world. |
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Post by Deleted on Apr 18, 2019 9:56:33 GMT
It was on radio yesterday.
Amazed Bassini is allowed to own a club again... What happened to fit and proper persons test đ€·
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Post by Zos on Apr 18, 2019 10:57:31 GMT
It was on radio yesterday. Amazed Bassini is allowed to own a club again... What happened to fit and proper persons test đ€· Well the test actually comes now, the ban has run out and it is up to the EFL to now decide if he is "fit and proper". As the only thing that seems to disallow is current criminal conviction then the test is a joke anyway. With Leeds, the EFL let them hide ownership for years.
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Post by WullieFort on Apr 18, 2019 11:34:05 GMT
Bolton are in a position where "beggars can't be choosers"
Will he bring back Far Sam and the singing Phil Brown?
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Post by Zos on Apr 18, 2019 17:09:31 GMT
Bolton are in a position where "beggars can't be choosers" Will he bring back Far Sam and the singing Phil Brown? Yeah, I know, a drowning man grasps at everything. He was adamant about getting an attached hotel it seems, Just hope there isn't asset stripping in the future, a la the Oystens.
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Post by Zos on Apr 23, 2019 11:51:27 GMT
Bit more information on the fit and proper persons test.
A deal has been agreed for the sale of Bolton Wanderers to Laurence Bassini, the former Watford owner. Bassini has to pass the EFL owners' test and provide proof of funding. His three year ban from football for three years from 2013 for breaking transfer rules will not affect the test's outcome.
The club said that 'significant funds' would be made available to pay staff and player wages before the deal was ratified with all debts to HMRC to be settled once it was completed.
One fan commented on Twitter, 'How can a bloke (former bankrupt) who still owes over ÂŁ1 million to another football club pass the fit and proper person test?' Another commented, 'I find it somewhat amusing that, as a Chartered Accountant, Iâm held to a higher standard to be a member of Pompeyâs Heritage and Advisory Board than Bassini is to be an owner.'
The principal mechanism to check on the suitability of a prospective owner is the ownersâ and directorsâ test, formerly known as the âfit and proper personsâ test. Strictly speaking, this is a Football Association test administered by the EFL. The objective of this test âis to protect the image and integrity of The League and its competitions, the well-being of the Clubs, and the interests of all of the stakeholders in those Clubs, by preventing anyone who is subject to a âDisqualifying Conditionâ being involved in or influencing the management or administration of a Club.â
So what counts as a âdisqualifying conditionâ? The matters covered include the long-standing one of being involved in another club; being disqualified by a sports governing body or professional body; having an unspent conviction for a series of offences (including their equivalent abroad); and company disqualification. In principle, this should exclude anyone as an owner or director who might be regarded as âdodgyâ.
However, there are important limitations to these rules, as is shown by recent events at Bolton. Departing owner Ken Anderson, who took over at Bolton in 2016, was previously disqualified from being a director for eight years. Anderson, who bought Bolton for ÂŁ1, was disqualified from being a company director in 2005 for transgressions relating to eight companies including diverting or seeking to divert company funds into a personal account, VAT discrepancies and failing to cooperate
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