The FA has published written reasons for the decision of an FA Appeal Panel allowing Southend United's appeal against the imposition of various financial conditions on it by the National League.
The Club successfully argued that the League was not entitled to impose such conditions where that had been no 'change' in circumstance. The Club also appealed the subsequent imposition of a £1 million bond on it by the League. As the written reasons record, that appeal was settled upon the League agreeing the new takeover of the Club and not to impose any sanctions on the Club. The case is of further note as it records that the Appeal Panel imposed interim relief against the League restraining it from sanctioning the Club prior to the determination of the Appeals.
The written reasons are available here.
Nick De Marco KC acted for the Club.