Schedule 4Threshold requirements
Financial resources
2
(1)
The financial resources threshold requirement is met, in relation to a club, if the financial resources of the club are appropriate in relation to the activities the club carries on or seeks to carry on.
(2)
In considering whether a club has appropriate financial resources, the IFR may have regard to (among other things)—
(a)
the corporate structure of the club and, where the club is part of a group, the group;
(b)
the club’s latest financial plan (see paragraph 2 of Schedule 5), including in particular—
(i)
any financial risks identified in the plan, and
(ii)
any plans described in the plan for managing those risks;
(c)
the club’s strategic business plan (see section 16(5));
(d)
the specified competition in relation to which a relevant team is operated by the club;
(e)
any other competitions in relation to which a team is operated by the club;
(f)
the club’s non-financial resources.