Sports Minister Stuart Andrew says a new independent regulator will step in if football cannot agree a way forward on its finances.On a landmark day for the sport in England, the Government published a White Paper on football governance, with the creation of a new independent regulator designed to ensure the game’s financial sustainability and clubs’ accountability to their supporters are at its core.Crucially the Government agreed with the 2021 fan-led review that the regulator should have backstop powers to sort out the row over how the vast sums of money earned by the Premier League should be distributed down the leagues.If no agreement is reached, the Government is considering affording the regulator the power to use binding final offer arbitration, where the Premier League and EFL each submit a proposal and the regulator chooses the most appropriate one. Pvp
Sports Minister Stuart Andrew says a new independent regulator will step in if football cannot agree a way forward on its finances.On a landmark day for the sport in England, the Government published a White Paper on football governance, with the creation of a new independent regulator designed to ensure the game’s financial sustainability and clubs’ accountability to their supporters are at its core.Crucially the Government agreed with the 2021 fan-led review that the regulator should have backstop powers to sort out the row over how the vast sums of money earned by the Premier League should be distributed down the leagues.If no agreement is reached, the Government is considering affording the regulator the power to use binding final offer arbitration, where the Premier League and EFL each submit a proposal and the regulator chooses the most appropriate one. Betfair