Significant Changes to the Premier League's Owners and Directors Test
On 30 March 2023 the Premier League announced various changes to its Owners and Directors Test (“OADT”) which significantly expand its ambit. The redraft of the OADT was published on 6 April 2023 and became effective immediately. The OADT is set out in Section F of the Premier League Handbook. It applies to anyone who becomes an owner of a Premier League club (i.e. someone who obtains control of a club) and anyone who becomes a director of a club. The test applies upon the control or appointment event occurring but is also an ongoing test.
The test principally sets out a list of circumstances in which a person is disqualified from being an Owner or Director of a football club. This article looks at:
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- Tags: Blogs | Corporate Law | Dentons | Football | Global Human Rights Sanctions Regulations 2020 | Premier League | Regulation & Governance | Sanctions and Money Laundering Act 2018 | Sport | United Kingdom (UK)
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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.