The English Football League is set to announce a set of mild sanctions for the three men who tried to buy Birmingham City last year.
Following a five-month investigation, the league charged
former Barcelona striker Maxi Lopez, British businessman Paul Richardson and
former Charlton Athletic chief executive Matt Southall with alleged breaches of
its owners’ and directors’ test (ODT) in February.
The trio were the main drivers of Maxco, a company set up to
buy the club, a company set up in early 2022 but their proposed, two-stage,
£35million takeover collapsed in December. According to the league, however,
they had already been effectively running the club, without formal approval,
which is against the rules.
But, six weeks on, the matter will be closed this week, with
Lopez accepting a one-month ban from involvement with an EFL club, suspended
until the end of the 2023-24 season, with Richardson agreeing to a two-month
period of ineligibility, also suspended until the end of next season.
Southall’s ban will be six months, with only three of them
suspended, as the league considered his breaches of the ODT rules to be the
most serious. The 38-year-old was Maxco’s nominated consultant at the club and
made no secret of his close involvement in Birmingham City’s summer transfer window
or their plans for the January window.
Even in Southall’s case the sanction is little more than a
slap on the wrist as his three-month ban will start immediately, making him
eligible for work in the football industry again this summer.
Given Southall’s previous involvement in the crises at
Charlton Athletic and Rochdale, where he acted as a consultant for a group that
attempted a hostile takeover of the League Two side, some fans will be
surprised that his ban is not longer. He, however, denies any intentional
wrongdoing at Charlton, Rochdale or Birmingham.
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