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Premier League says fully-leveraged buyouts are off-limits
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fnlondon.comThe Premier League has voted to ban fully-leveraged takeovers of its clubs.
Teams in the top division of English football have unanimously agreed this week to amend the owners’ and directors’ test “to prohibit fully-leveraged buyouts”.
The high-profile auction of Manchester United has reignited the debate over debt-fueled takeovers in recent...
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