Clubs may need to hold £10m in liquid assets to satisfy Independent Football Regulator

Clubs may need to hold £10m in liquid assets to satisfy Independent Football Regulator

Some clubs could be required to hold more than £10m in liquid assets in order to satisfy conditions set by the Independent Football Regulator (IFR). Those deemed higher risk will be asked to demonstrate cash reserves equivalent to five months of operating losses, which for some clubs would run into an eight-figure sum. The proposal [...]