
Originally Posted by
KerrAvon
Businesses fail for a host of reasons and having presided over previous failed businesses would not automatically prevent a person from becoming an owner or director of a football club and nor should it.
The EFL is bound by its own rules which set out the criteria that have to be applied in the ‘fit and proper person’ test. A person subject to bankruptcy or an IVA or with convictions for serious criminal matters or for breaches of the Companies Acts would not pass it. Nor would someone with involvement with two previous insolvency events at football clubs, but none football insolvencies would not meet the test (unless they were of a nature that resulted in disqualification proceedings by the DTI).
If the EFL get it wrong, they end up on the end of an appeal.
The EFL could not prevent Bassini from getting ‘involved’ in the Bolton affair. That would be a matter between him and Bolton’s administrators. Had a sale to him been agreed and the appropriate notice been given to them, the EFL would then have made an assessment against the criteria set out within the EFL rules. I understand that there is a dispute between Bassini and the EFL over whether he would have passed the test.