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How to buy a football club: new EFL guidance offers ‘clearance, not approval’ | Ben Fisher

Several EFL clubs have changed hands this year but regulations have toughened up to stop them falling into the wrong hands

Ever wondered what you need to do to buy a football club? Several English Football League clubs have changed hands in the past few months, some involving more high-profile investors than others, and the introduction of new regulations this summer meant updated guidance around acquisitions was issued recently to all 72 clubs, mapping out the must-haves and key steps along the way, including the owners’ and directors’ test. Here is a look at what’s involved and how the process has changed …

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