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Premier League says fully-leveraged buyouts are off-limits

Buyout shops inked 24 deals worth $5.2bn on acquiring football clubs in 2022, up from 21 deals worth $4.1bn in the previous year

The high-profile auction of Manchester United has reignited the debate over debt-fueled takeovers in recent months
The high-profile auction of Manchester United has reignited the debate over debt-fueled takeovers in recent months Photo: Getty Images

The 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”.

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