One article, well worth a read is the blog called "Will Coventry City FC’s new owners fail the “fit and proper person” test?" by Footy Law.
It deals with company law regarding the Fit And Proper person test and throws up some very interesting points.
To see the article, please click on http://footylaw.wordpress.com/2013/06/19/will-coventry-city-fcs-new-owners-fail-the-fit-and-proper-person-test/
Source: Coventry MAD