The Football League's decision yesterday to look at penalising clubs in administration with points reductions has been blasted by R3, the trade body representing the business recovery specialists.

R3, the Association of Business Recovery Professionals believes the Football League has "missed the point completely" saying that

"financially stricken clubs are forced into administration due to their legal duty to creditors and to avoid prosecution of the directors for knowingly trading while insolvent.

"The bottom line is that for many clubs administration is the last resort, not a way of duping the people they owe money to.

"What these proposed sanctions are more likely to do is encourage many clubs to trade for longer while insolvent due to a fear of lost points or relegation, and in the long term, as the debts pile up, the main loser will be the creditors who will get paid less as there will be less to go round as losses continue to mount."

City's Chief Exec Tim Davies, was the only person to vote against the proposals out of the 72 clubs represented at the Walkers Stadium. He did interviews after the meeting saying how Leicester had done nothing wrong and had done what the League was saying clubs should do...be more business like.

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