Insolvency in the EFL - the Football Creditors Rule and laws protecting players & staff
In relation to the English Football League (EFL), there have been dire warnings that in the absence of a substantially increased contribution from the Premier League, up to 60 clubs could go out of business.
But if a club does enter administration, or still worse liquidation, what claims are available to the players and other employees? This article by Jeremy Lewis of Littleton Chambers examines:
- The Football Creditor Rule (FCR)
- Employee claims not covered by the FCR
- Payments guaranteed by the State
- Adoption of employment contracts
- Crown preference
- Transfer of Undertakings (Protection of Employment) Regulations (TUPE)
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- Tags: Coronavirus | COVID-19 | English Football League | Football | Football Creditors Rule | Insolvency | Premier League | Regulation | UK
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