Football clubs eye return to funding mainstream
Football clubs have become revenue generating machines, and with the English Premier League set to ban clubs from borrowing from non-Financial Conduct Authority regulated institutions starting next year, GlobalCapital investigates how some of the Premier League’s biggest teams fund their operations.
The Premier League banned borrowing from non-FCA regulated lenders in order to try and make the game more transparent, following revelations that clubs had been borrowing from Vibrac Corporation, a British Virgin Islands incorporated firm.
While it is believed that Vibrac operated completely legally
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