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

Login to post a comment

Recent Rotherham United Articles

RUFC - I Suppose Enough Is Enough

Were we really surprised?

RUFC - Redfearn Gone

Bye Neil - short but not sweet

RUFC - View From The Opposition - Bolton

Neil Lennon after Saturday's game

Stats: Bolton Wanderers v Rotherham United

All the stats from Bolton Wanderers (2) vs (1) Rotherham United, Macron Stadium, 6 February 2016 3.00pm Att: 14,641 (1,348 Millers)

Archived Vital Rotherham Articles

Vital Rotherham articles from

Site Journalists

Herringthorpe
Profile
baldtobeamiller
Profile

Current Poll (see more polls)

How Many Of Our February Games Will We Win
Suggested By:
Five6%
Four2%
Three26%
Two15%
One22%
None29%

League Table

# Team P W D L Pts. GD
1 Hull City 29 17 5 7 56 26
2 Middlesbrough 28 17 5 6 56 23
3 Burnley 30 15 10 5 55 22
4 Brighton 29 14 11 4 53 9
5 Derby County 30 13 12 5 51 14
6 Sheff Wed 30 13 11 6 50 12
7 Ipswich 30 13 9 8 48 2
8 Birmingham 30 13 8 9 47 8
9 Cardiff 30 11 12 7 45 5
10 Forest 30 10 12 8 42 6
11 Wolves 30 10 10 10 40 -1
12 Brentford 30 11 7 12 40 -2
13 Q.P.R. 30 9 12 9 39 1
14 Preston 30 9 12 9 39 -1
15 Reading 30 9 9 12 36 0
16 Leeds Utd 30 8 12 10 36 -5
17 Huddersfield 30 8 8 14 32 -4
18 Blackburn 28 6 13 9 31 0
19 Fulham 29 6 11 12 29 -5
20 Bristol City 30 6 10 14 28 -22
21 MK Dons 29 7 6 16 27 -18
22 Rotherham 30 7 4 19 25 -19
23 Bolton 30 4 12 14 24 -21
24 Charlton 30 5 9 16 24 -30
Latest F1 News
Latest Vital Boxing News

Rotherham United  Fixtures (view all)

Feb 13 2016 3:00PM : Birmingham City (H)
Sky Bet Championship
Feb 20 2016 3:00PM : Burnley (a)
Sky Bet Championship
Feb 23 2016 8:00PM : Reading (a)
Sky Bet Championship
Feb 27 2016 3:00PM : Brentford (H)
Sky Bet Championship
Mar 5 2016 3:00PM : Sheffield Wednesday (a)
Sky Bet Championship
Mar 8 2016 7:45PM : Middlesbrough (H)
Sky Bet Championship

Recent Rotherham United  Results (view all)

Vital Members League Table

RankNamePoints
1.herringthorpe312
2.rybel_b295
3.sixpence82
4.mos6036
5.Marky7914
6.mvmiller8
7.Millie Miller6
8.miller4life5
9.axholme5
10.nogginthenog4