Monday briefing: Premier League to set out protocol forcing barred directors to sell

The Premier League is reported to be drawing up a formal process to force club owners who are barred as directors to sell their shares following Roman Abramovich’s chaotic exit from Chelsea last year.

Sources told The Financial Times that the English top-flight is in talks with its members about introducing a so-called divestment protocol that would set out a process for club owners to exit in cases when the league bars them from serving as directors owing to “disqualifying events”.