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.



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

Best of Vital Network

Vital Boxing - Conor Benn Wins on Points

Login to post a comment

Recent Rotherham United Articles

RUFC - View From The Opposition

Paul Trollope's thoughts after Saturday's game

Stats: Rotherham United v Cardiff City

All the stats from Rotherham United (1) vs (2) Cardiff City , New York Stadium , 25 September 2016 3.00pm Att: 8,348 (390 Bluebirds)

RUFC - Stubbs 'Recruitment Wise We've Had To Play Catch-Up'

Millers Boss says the redevelopment of the squad means that Rotherham are behind other teams in getting players in

RUFC - Stubbs 'Players Aren't Getting What They Deserve'

Millers Boss says his players deserve more

Archived Vital Rotherham Articles

Vital Rotherham articles from

Site Journalists

Herringthorpe
Editor email
Profile
baldtobeamiller
no email
Profile

Current Poll (see more polls)

Two Games Left In September - How Many Points Will The Millers Get?
Suggested By:
Six points2%
Four Points6%
Three Points16%
Two Points3%
One Point15%
Let's Talk About Something Else!58%

League Table

# Team P W D L Pts. GD
1 Norwich 9 6 2 1 20 6
2 Huddersfield 9 6 1 2 19 4
3 Brighton 9 5 2 2 17 6
4 Reading 9 5 2 2 17 0
5 Newcastle 9 5 1 3 16 10
6 Birmingham 9 4 4 1 16 4
7 Barnsley 9 5 0 4 15 6
8 Wolves 9 4 3 2 15 3
9 Brentford 9 4 2 3 14 6
10 Bristol City 9 4 2 3 14 5
11 Sheff Wed 9 4 2 3 14 -1
12 Leeds Utd 9 4 1 4 13 -1
13 Fulham 9 3 4 2 13 -2
14 Ipswich 9 3 3 3 12 0
15 Forest 9 3 2 4 11 -2
16 Q.P.R. 9 3 2 4 11 -4
17 Aston Villa 9 1 6 2 9 0
18 Burton 9 2 3 4 9 -2
19 Preston 9 3 0 6 9 -4
20 Blackburn 9 2 2 5 8 -6
21 Cardiff 9 2 2 5 8 -7
22 Derby County 9 1 3 5 6 -6
23 Rotherham 9 1 3 5 6 -12
24 Wigan 9 1 2 6 5 -3
Latest F1 News
Latest Vital Boxing News

Recent Rotherham United  Results (view all)

Rotherham United  Fixtures (view all)

Sep 27 2016 7:45PM : Huddersfield Town (a)
Sky Bet Championship
Oct 1 2016 3:00PM : Newcastle United (H)
Sky Bet Championship
Oct 15 2016 3:00PM : Norwich City (a)
Sky Bet Championship
Oct 18 2016 7:45PM : Birmingham City (a)
Sky Bet Championship
Oct 22 2016 3:00PM : Reading (H)
Sky Bet Championship
Oct 29 2016 3:00PM : Ipswich Town (a)
Sky Bet Championship

Vital Members League Table

RankNamePoints
1.herringthorpe402
2.sixpence200
3.Tony Kidding70
4.nearlyataff33
5.Marky7926
6.mos6023
7.Millie Miller22
8.mvmiller22
9.axholme19
10.nogginthenog15