Vital Football

Latest Rotherham United News

League Clubs Approve New Tax Regulations

League Clubs Approve New Tax Regulations

At their Annual General Meeting, Football League clubs have voted to introduce new financial regulations relating to tax payments.

Once necessary practical arrangements have been made, any club that falls behind with its employee related payments to HMRC will be subject to a transfer embargo until such time as the debt is cleared.

Football League Chairman Lord Mawhinney explained: 'It is only right that we do not permit clubs that are unable to meet the costs associated with their existing playing staff to make further new player commitments.'

Clubs have also agreed to give The League written permission to monitor, as appropriate, their tax affairs directly with HMRC, who have welcomed this new arrangement.

Lord Mawhinney said: 'This new regime will provide us with an early warning system where clubs are facing financial problems. It should also help prevent HMRC debt reaching levels that otherwise could hinder the potential rescue of the club through a CVA.

'More importantly, football generally needs to develop a culture of paying its debts rather than putting them off for another day. This will help our clubs to become more financially sustainable in the longer term.'

Clubs also approved a proposal from Derby County to increase the number of substitutes for Coca-Cola Football League matches to seven (from the current five), of which three may enter the field of play.

Win FREE pizza with Vital Football!
Select your team and get 50% off if they score twice.
www.papajohns.co.uk/football



For the very latest League Two odds

Click here to join in the debate on the club forum.

Writer:Site Staff
Date:Saturday June 13 2009
Time: 1:32PM

Login to post a comment

Recent Rotherham United Articles

RUFC - Head-to-Head v Hull City

A few facts and figures of previous games between the Millers and the Tigers

April MotM Nomination - Neil Warnock (Rotherham)

The April nominations for the Sky Bet Championship Manager of the Month Award are in.

RUFC - Wood Hoping For New Contract

Defender hopes he's done enough to earn a new contract with Millers

RUFC - Halford Nominated For April Award

Vote for Greg Halford!

Archived Vital Rotherham Articles

Vital Rotherham articles from

Site Journalists

Herringthorpe
Editor email
Profile
baldtobeamiller
no email
Profile

Current Poll (see more polls)

Thinking about pre-season friendlies. Who would you like to see at the New York Stadium
Suggested By:
Local Teams8%
A Premier League Side52%
A team from the Bundesliga31%
A side from Serie A5%
Someone from La Liga2%
A club from the French Ligue 11%
Other1%

League Table

# Team P W D L Pts. GD
1 Burnley 45 25 15 5 90 34
2 Middlesbrough 45 26 10 9 88 32
3 Brighton 45 24 16 5 88 30
4 Hull City 45 23 11 11 80 30
5 Derby County 45 21 15 9 78 24
6 Sheff Wed 45 19 17 9 74 22
7 Cardiff 45 17 16 12 67 5
8 Ipswich 45 17 15 13 66 1
9 Birmingham 45 16 14 15 62 4
10 Brentford 45 18 8 19 62 1
11 Preston 45 15 16 14 61 0
12 Leeds Utd 45 14 16 15 58 -8
13 Q.P.R. 45 13 18 14 57 -1
14 Wolves 45 13 16 16 55 -6
15 Blackburn 45 12 16 17 52 -2
16 Reading 45 13 13 19 52 -5
17 Forest 45 12 16 17 52 -5
18 Bristol City 45 13 13 19 52 -16
19 Huddersfield 45 13 12 20 51 -7
20 Rotherham 45 13 10 22 49 -14
21 Fulham 45 11 15 19 48 -14
R Charlton 45 9 13 23 40 -37
R MK Dons 45 9 12 24 39 -29
R Bolton 45 5 15 25 30 -39
Latest F1 News
Latest Vital Boxing News

Recent Rotherham United  Results (view all)

Rotherham United  Fixtures (view all)

May 7 2016 12:30PM : Hull City (a)
Sky Bet Championship

Vital Members League Table

RankNamePoints
1.herringthorpe105
2.rybel_b93
3.sixpence24
4.mos608
5.Millie Miller5
6.nogginthenog4
7.axholme4
8.zipadeedoodah1
9.mvmiller1