Tuesday, 17 December 2019
I agree on the need to appoint those independent board members and chairperson. As new appointees, they will need to be given a chance. They are in a very difficult situation. The introduction of a rotation of audit should not be exclusive to sport. It is good practice. It will not be unique to sports that there are failings by virtue of the fact that there is too much familiarity. A European Union statutory audit regulation was introduced in 2016, which provides for mandatory rotation over a long timeframe. Why does that not apply in this case? It would have forced a change of auditors and thus there would have been a fresh review at an earlier stage.