The Football Association is working with the Premier League and English Football League to limit so-called leveraged takeovers of clubs, Mark Bullingham has said.
The FA’s chief executive wants limits on the money a prospective owner can borrow against the assets of a club, a move that might have prevented the takeover of Manchester United by the Glazer family or ALK Capital’s deal for Burnley. It comes as the FA continues to jockey for position over the placement of an independent regulator for English football.
