Schedules
Schedule 4

Threshold 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.
Sch. 4 para. 2 in force at Royal Assent for specified purposes, see s. 100(2)(g)