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Premier League tightens ownership test

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The Premier League has tightened up its Owners and Directors Test.   For the first time it will take into account whether prospective owners have committed an offence which would count as such in the UK.

There is concern about the increasing number of Chinese backed takeovers and the lack of transparency surrounding their financial arrangements.

However, the changes will not apply to the Football League and prospective owners can always transfer their interest there.