Football League raises points deduction from 10 to 12 points
Friday 5 June 2015 16:33, UK
The Football League says any club entering administration from next season will be deducted 12 points instead of 10.
An agreement to amend its insolvency policy was reached at the League's Owners' and Executives' Conference and AGM.
Football League chief executive Shaun Harvey said: "The League has now gone two full seasons without a club suffering an insolvency event which is an encouraging sign.
"The use of Financial Fair Play regulations in all three divisions, the requirement for new owners to demonstrate the source and sufficiency of their funding and the ongoing monitoring of club's tax affairs have helped us bring more stability to club finances.
"However, we cannot be complacent and this is the right time to strengthen our Insolvency Policy and also refine its effects, so that it is as fair as it can possibly be for clubs, creditors and supporters."
