• Home
  • Blogs
  • Dentons
  • Corporate governance in professional sport – the board of directors

Corporate governance in professional sport – the board of directors

Bill Shankly
Wednesday, 20 February 2013 By Richard Barham, Daniel Stock

At a football club, there’s a holy trinity – the players, the manager and the supporters. Directors don’t come into it. They are only there to sign the cheques”. Bill Shankly on boardroom meetings.

Although many supporters may agree with Bill Shankly’s statement, today the board of directors has a broader role than merely signing cheques.   The board is an important decision-making body with statutory duties to promote the club’s success.   In this blog, we discuss the statutory duties of the directors and principles of good corporate governance set out in the UK Corporate Governance Code (the “Code”).

Continue reading this article...

Register with your email and password
Already a member? Sign in

Get access to all of the expert analysis and commentary at LawInSport including articles, webinars, conference videos and podcast transcripts.  Find out more here.

Related Articles

About the Author

Richard Barham

Richard Barham

Richard heads both the London Corporate practice, and Sports practice, of Dentons.

Richard's focus is on M&A and corporate work.  He is particularly interested in corporate governance issues, and regularly advises companies and other organisations on how they best operate to achieve good and effective governance standards.

  • This email address is being protected from spambots. You need JavaScript enabled to view it.
Daniel Stock

Daniel Stock

Daniel is a corporate lawyer at Dentons and is a member of the firm's Sports group.  Daniel has acted on the acquisition of major football clubs in the United Kingdom and advises on all aspects of corporate finance transactions, including cross-border mergers and acquisitions (share and business sales), company/business ownership matters, joint ventures and investment funds.

  • This email address is being protected from spambots. You need JavaScript enabled to view it.

Leave a comment

Please login to leave a comment.

Courses

Legal Advisors

Upcoming Events


Copyright © LawInSport Limited 2010 - 2021. These pages contain general information only. Nothing in these pages constitutes legal advice. You should consult a suitably qualified lawyer on any specific legal problem or matter. The information provided here was accurate as of the day it was posted; however, the law may have changed since that date. This information is not intended to be, and should not be used as, a substitute for taking legal advice in any specific situation. LawInSport is not responsible for any actions taken or not taken on the basis of this information. Please refer to the full terms and conditions on our website.