April 9 – The English Premier League has issued a warning of the ‘risk’ that the incoming independent regulator could pose to the success of English football.
The warning is made via an ad on politics website Politico’s London Playbook blog, that appears as ‘A message from The Premier League’ and links to the Premier League’s More than a Game campaign.
That campaign outlines the provision of funds for football outside of the top flight, and initiatives ranging from providing help with facilities and opportunities at grassroots level up to the support for EFL clubs in its three professional leagues.
In its message the Premier League reminds government that it “is the world’s most-watched competition, the Championship is Europe’s sixth wealthiest league, and we have the best-attended and deepest pyramid in world football.”
Which in itself does beg the question as to whether a regulator is required or whether it is purely a power play by politicians to gain a power position in one of England’s most successful exports without having to pay a buy-in.
The message then highlights that “the UK will soon become the first major country to regulate football. We must guard against unintended consequences that would put English football’s success at risk.”
In November the government announced, somewhat high handedly considering its own reputation for corporate governance, that “legislation will be brought forward to safeguard the further of football clubs for the benefit of communities and fans”.
At its heart is a remit to ensure the financial sustainability of English clubs and the English football pyramid.
The concept of an ‘independent’ football regulator was one of the key recommendations in a fan-led review of football governance.
The fear of many in club ownership is that the regulator’s power to affect and reduce Premier League revenue risks undermining the leagues status as the world’s most lucrative football…
Source link : https://www.insideworldfootball.com/2024/04/09/premier-league-warns-independent-regulator-put-english-game-risk/
Author : Paul Nicholson
Publish date : 2024-04-09 06:06:28
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