British government to introduce independent football regulator

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LONDON: The British government is planning to establish an independent football regulator to oversee the sport and encourage financial stability via a Bill introduced in parliament on Tuesday (Mar 19).

FILE PHOTO: Soccer Football - Premier League - Nottingham Forest v Arsenal - The City Ground, Nottingham, Britain - January 30, 2024 General view inside the stadium before the match REUTERS/Carl Recine /File Photo

The legislation will strengthen tests of the suitability of those running clubs and would also block"closed-shop competitions" such as the frequently proposed European Super League. "This bill is a historic moment for football fans – it will make sure their voices are front and centre, prevent a breakaway league, protect the financial sustainability of clubs, and protect the heritage of our clubs big and small."

" mindful that the future growth of the Premier League is not guaranteed, we remain concerned about any unintended consequences of legislation that could weaken the competitiveness and appeal of English football.""We hope will be an important milestone to help us secure the long-term financial sustainability of England’s football pyramid," chairman Rick Parry said in a news release.

"The Premier League is the best league in the world so why change a winning formula?" he told Sky News.

 

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