The Judicial Panel and Appellete Tribunals have today published their respective Notes of Reasons in respect of the original Notice of Complaint against Michael Ashley, the determination and the subsequent appeal.
Alleged Party in breach - Michael Ashley
Disciplinary rule allegedly breached -
Disciplinary Rule 19: Except with the prior written consent of the Board: (a) no club or nominee of a club; and (b) no person, whether absolutely or as a trustee, either alone or in conjunction with one or more associates or solely through an associate or associates (even where such person has no formal interest), who: (i) is a member of a club; or (ii) is involved in any capacity whatsoever in the management or administration of a club, or (iii) has any power whatsoever to influence the management or administration or a club, may at the same time either directly or indirectly:- (a) be a member of another club; or (b) be involved in any capacity whatsoever in the management or administration of another club; or (c) have any power whatsoever to influence the management or administration of another club.
Outcome – Mr Ashley was found in breach of Rule 19 and a fine of £7500 was imposed.
The Appeal was rejected. However, having regard to all the circumstances, the Tribunal consider the appropriate sanction to be at the entry point for top-end breaches and impose a fine of £1000.