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PREMIER LEAGUE

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RULES INDEX<br />

RULES OF THE <strong>PREMIER</strong> <strong>LEAGUE</strong><br />

CONTENTS<br />

<strong>PREMIER</strong> <strong>LEAGUE</strong> RULES<br />

DEFINITIONS AND INTERPRETATION 76<br />

Section A: Definitions and interpretation 76<br />

Definitions 76<br />

Interpretation 87<br />

THE <strong>LEAGUE</strong>: GOVERNANCE, OPERATIONS AND FINANCE 88<br />

Section B: The League – Governance 88<br />

Name and Membership 88<br />

Board Powers 89<br />

Procedure at General Meetings 89<br />

Relationship between Clubs and the League 89<br />

Football Association Representation 90<br />

Section C: The League – Competition 92<br />

The League Competition 92<br />

The League Championship 92<br />

Relegation 93<br />

Play-offs 93<br />

Section D: The League – Finance 94<br />

Obligations of the League 94<br />

Obligations of Clubs 94<br />

Accounting Practice 95<br />

Operating and Other Expenses 95<br />

Transmission of League Matches 95<br />

Distribution of UK Broadcasting Money 95<br />

Distribution of Overseas Broadcasting Money 97<br />

Distribution of Title Sponsorship Money 97<br />

Distribution of Commercial Contract Money 97<br />

Distribution of Radio Contract Money 98<br />

Relegated Clubs 98<br />

Vale Added Tax 98<br />

Distribution Account 98<br />

Assignments of Central Funds 99<br />

CLUBS: FINANCE AND GOVERNANCE 100<br />

Section E: Clubs – Finance 100<br />

62<br />

Power to Inspect 100<br />

Club Bank Accounts 100<br />

Submission of Club Accounts 100

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