Summary from the original article

Clubs could be required to hold more than £40m in liquid assets in order to be granted a licence to continue competing by the Independent Football Regulator (IFR). Those deemed higher risk will be asked to demonstrate cash reserves equivalent to five months of operating losses, which for some clubs would run into the tens [...]
By Frank Dalleres ·
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Upgrade this serverClubs could be required to hold more than £40m in liquid assets in order to be granted a licence to continue competing by the Independent Football Regulator (IFR). Those deemed higher risk will be asked to demonstrate cash reserves equivalent to five months of operating losses, which for some clubs would run into the tens [...]
2 days ago · cityam.com · You are reading this one