The EFL is aware of the continuing reports relating to a possible change of control at Rochdale AFC and wishes to clarify it remains in regular dialogue with representatives of the Club, as well as the Dale Supporters’ Trust.
Throughout these discussions it has been made clear to all parties what obligations must be met under EFL Regulations.
That includes the requirement that approval, as set out in Appendix 3 of the Regulations (the Owners’ and Directors’ Test), must be obtained from the EFL before acquisition of control, and not doing so renders both the Club and individuals concerned subject to misconduct.
At present no approval has been granted as a result of the specific requirements not being met. The EFL is still to receive any evidence of the source and sufficiency of funding on behalf of any potential purchaser, and, in addition, the Club is yet to submit the necessary Future Financial Information (FFI).
The EFL will continue to work with the Club to ensure it can meet the necessary criteria with the long-term viability of the Club the primary focus in the interests of all key stakeholders, particularly the staff at the Club, supporters, and the local community.