http://news.bbc.co.uk/sport1/hi/football/8729294.stm

Football League clubs adopt 'home-grown' rule 
 
England's Football League clubs have agreed new rules on the number of 
"home-grown" players in their squads. 
>From next season, clubs will have to name 10 "home-grown" players in a squad 
>restricted to 25 players aged over 21. 
To qualify, players must be registered in domestic football for three seasons 
before turning 21. 
However, a proposal by Leyton Orient to relegate clubs two divisions for going 
into administration was rejected at the League's Annual General Meeting. 
But following the meeting of the 72 clubs in Malta, League chiefs will review 
the punishments for administration to see if they need toughening up.

Other rule changes include clubs, who will be able to include as many players 
under the age of 21 in their squads as they like, being hit with a transfer 
embargo if they do not file their financial accounts at Companies House in 
time. 
The League's fit and proper persons' test has also been retitled the 
"Director's Test" to fall in line with the other football bodies. 
And a loophole has been closed so that clubs that go into administration are 
hit with sporting sanctions even when the club is part of a group company. 
Football League chairman Greg Clarke said: "This has been a positive and 
constructive meeting at which we've looked at many of the important issues 
currently facing football and taken steps to address a number of the most 
pressing governance concerns."
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