>>>So how are the anonymous Jonnies in the Virgin Isles allowed 
>to  own (or 
>hold
>a majority interest) in Leeds United, old or new, when there  
>is no possible
>way of proving that they pass the  test?<<
>
> 
>They're not directors. They're shareholders.
> 
>Mark


But the following paragraph from the Football League rules state that
holders of a majority interest, the shareholders, also have to pass the
FPPT.

>The new rules make it a breach of Football League
>regulations for the following to be a director or hold a
>majority interest in a Football League club:

Anyways, the question has been asked before, notably in the Guardians 20
questions, No5...

http://blogs.guardian.co.uk/sport/2007/07/27/leeds_united_the_unanswered_qu.
html

Cheers,
Si.


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