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The Guardian - UK
The Guardian - UK
Sport
Ben Fisher

How to buy a football club: new EFL guidance offers ‘clearance, not approval’

Birmingham City’s new chairman Tom Wagner (left), CEO Garry Cook and minority investor Tom Brady.
Birmingham City’s new chairman Tom Wagner (left), CEO Garry Cook and minority investor Tom Brady. Photograph: Mike Egerton/PA

Ever wondered what you need to do to buy a football club? Several English Football League clubs have changed hands in the past few months, some involving more high-profile investors than others, and the introduction of new regulations this summer meant updated guidance around acquisitions was issued recently to all 72 clubs, mapping out the must-haves and key steps along the way, including the owners’ and directors’ test. Here is a look at what’s involved and how the process has changed …

What is the process in a nutshell?

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