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EFL to revisit fit and proper persons test

The English Football League is to revisit its fit and proper persons test for club owners.   The specific stimulus appears to have been events at Leyton Orient, although protests at other clubs are also mentioned.

In particular, the EFL is looking at what happens to a club after it has been purchased.

Crawley Town FC's Turkish owner pumps in £1m

Crawley Town FC's Turkish owner Ziya Eren has pumped £1m into the club in his first four months in charge. This takes the form of investment and interest free loans.

It is estimated that the club lost £270,000 in 2015-16.  It faces competition from Premier League clubs Brighton and Hove Albion to the south and Crystal Palace, with a new manager, to the north.

Attendances up in Football League

More than 18 million people attended Football League games this season, the highest number for almost 60 years.   Sky Bet Championship attendances surpassed the 11 million mark, with average crowds over 20,000.  

Bid for Port Vale

A takeover offer for relegated Port Vale has been made by the owners of Burslem-based IT company Synectics Solutions. The company has an annual turnover of £13m and its headquarters are near Vale Park.

The offer is for £1.25m which is the amount owner Norman Smurthwaite paid with his then business partner when taking the club out of administration in 2012.  However, he claims to have ploughed in £3.7m since then.

New offer for Coventry City

A new offer for Coventry City has been made by a consortium of local businessmen.   It includes plans for fan involvement.

It was recently suggested that the Australian consortium reported to be interested in Charlton Athletic had also taken a look at the Sky Blues.

Despite their mismanagement of the club, Sisu has never shown any willingness to sell up.

Four clubs in danger of folding

Four English Football League clubs are in danger of going out of business, says a study by financial experts.

Billionaire bid for Pompey

American billionaire Michael Eisner, former chief executive of Walt Disney, is reported to be interested in launching a bid for Portsmouth FC.

A statement on the club's website said that if a bid was made it would be for shareholders to decide whether it was in the club's best interests.   Portsmouth Supporters' Trust is the largest shareholder.

Orient given June deadline

Leyton Orient's owner Francesco Becchetti has been given until June 12th by the High Court to settle all outstanding debts or sell the club.  The money owed to the Inland Revenue, thought to be around £250,000, which was the subject of today's hearing has been paid, but there are four other creditors.

Becchetti was not at the hearing, but his representatives said that he would inject £1m into the club to settle all outstanding debts, which include £6,000 owed to the club's photographer.

Orient served with winding up order

Leyton Orient have been served with a winding up order over unpaid tax bills.  The case will be heard in the High Court on March 20th.  The money owed to HMRC is thought to be in the region of £250,000.

The last set of financial results for the club suggested that debts exceeded assets by £5.5m.  The club are in real danger of relegation to the National League which would make them less attractive to prospective buyers.

Progress on Carlisle mystery takeover bid

The 646-day takeover saga at Carlisle United may be nearing a conclusion.   Discussions with a mystery overseas businessman have been going on for the better part of two years, but have gone cold several times.  

However, the club are now close to deciding whether to conclude a deal.   Significant headway has been made in getting answers to outstanding questions.