After the Premier League handed out a ten-point deduction to Everton, Martyn Ziegler explains what could happen next for other clubs if they are found guilty of breaking rules
How about this analogy: if the previous owners of a block of land buried toxic waste there, and after purchasing the land I discovered it and reported it, would I be let off the hook? Nope, I would be legally responsible for the clean up and the ongoing impacts. I could sue the previous owners but if they’ve hightailed it to a favourable jurisdiction then I’m left with the mess.
How about this analogy: if the previous owners of a block of land buried toxic waste there, and after purchasing the land I discovered it and reported it, would I be let off the hook? Nope, I would be legally responsible for the clean up and the ongoing impacts. I could sue the previous owners but if they’ve hightailed it to a favourable jurisdiction then I’m left with the mess.
Actually yes. It depends how you buy the land and the legal documents. That’s what reps and warranties and indemnifications are for in the documents.