Barry
you may have seen some promising articles in the Mail and the Times in recent days (firewall protected, I'm afraid). Fingers crossed.
Barry
you may have seen some promising articles in the Mail and the Times in recent days (firewall protected, I'm afraid). Fingers crossed.
Thanks for the tip off br, much appreciated
Here are the Mails comments
"English football is set to undergo its biggest revolution since the formation of the
Premier League in 1992 with the introduction of a football regulator in the new year.
Despite years of lobbying against the change, the Premier League, which only two months ago was celebrating having killed off the threat, has failed in its mission, with Prime Minister
Rishi Sunak said to have signed off the regulator.
The Government will present its White Paper or proposed legislation in the new year, though there will be no announcement during the World Cup or indeed before
Christmas"
The proposals, which are likely to become law by 2024, will see a panel appointed to search for an appropriate individual to head the independent football regulator, an office which would have directors and scores of members of staff, overseeing the most contentious issues in the game.
The prospect of regulation is as such a huge blow to the Premier League, with Leeds chief executive Angus Kinnear likening a regulator to ‘Maoism’, the Chinese form of communism.
The ultimate regulator of football is likely to be someone with a deep knowledge of financial regulation, as the bulk of its work will be in preventing another Bury or Derby. Bury went out of existence in 2019 after running up huge debts while Derby have experienced multiple financial crises and points deductions, leaving them on the brink of extinction, after they gambled on borrowed money to make the Premier League.
It should be a boost for the EFL in its negotiations for a fairer deal with the Premier League, with the top-flight clubs now aware they will have to make a generous offer to share their wealth or else a regulator will intervene.
EFL chief executive Rick Parry, whose members are in favour of regulation, is asking for the EFL to take 25 per cent of the combined total of Premier League and EFL TV money, which would amount to approximately an extra £280 million a year a year, or £14m a year per Premier League club. Parachute payments, which means clubs relegated to the Championship receive around £44 million, which softens the blow of relegation but which distorts the EFL, are already being reformed and will likely be abolished completely now a regulator is coming into play.
Fans should also benefit from a regulator. Crouch’s review recommended that all clubs should appoint shadow fan boards with whom they would have to consult on their plans and major decisions.
It also proposed that fans should have a golden share in their club, which though having no financial value, would exercise a veto over major decisions, such as the sale of a stadium, relocation, a club joining a new competition.
]
!
www.blackpoolsupporterstrust.com
