PREMIER LEAGUE

YOUTH DEVELOPMENT RULES
FINANCE
Finance
270. Each Club which operates an Academy shall by 31 March in each Season submit to the
League its Academy Financial Information for its Academy for the following Season.
271. The Academy Financial Information required by Rule 270 shall be submitted in the format
required by the League.
272. The League may, at its discretion, require (and the Club shall deliver), such further information
and explanations as it deems fit in connection with the Academy Financial Information
submitted by the Club pursuant to Rules 270 and 272.
273. The League shall have the power to obtain an independent audit of a Club’s Academy
Financial Information submitted pursuant to these Rules.
274. Each Club’s Academy Financial Information shall be assessed by the Board in order to
determine whether to award to the Club a grant from the Professional Youth Game Fund.
Guidance
The financial template to be used for the submission of Academy Financial Information is being developed by the League
and will be provided to Clubs as soon as possible.
The League will produce benchmarked Club by Club information (on an anonymised basis) with regards to expenditure
on youth development on an annual basis.
By Rule E.11, Clubs must submit “Future Financial Information” (broadly, budgetary information in respect of the whole
Club) to the Premier League by 31 March in each year. It is anticipated that preparation of the Academy budgets will be
intrinsically linked to preparation of Future Financial Information on a practical level, and hence the same submission
date is suggested.
The League will keep the Academy Financial Information provided to it pursuant to Rules 270 and 271 confidential
save that:
1. the League may disclose the Information if properly required to do so by law or by any regulatory authority;
2. the League may disclose the Information to the ISO or the PGB (and if it does so, the League shall use all reasonable
endeavours to ensure that the ISO or PGB keeps the Information confidential);
3. the League may disclose the Information to any person or entity retained to undertake an audit of a Club’s Academy
Financial Information pursuant to Rule 273 (and if it does so, the League shall use all reasonable endeavours to ensure
that the person or entity so retained keeps the Information confidential); and
4. the League may use the Information to develop and publish benchmarked information on an anonymised basis.
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