Concerns in the Premier League ahead of Government 'White Paper'
Government will FINALLY unveil White Paper for recommendations to English football on Thursday, but Premier League fear legislation will impact overseas investment and transfer spending
- The Government will unveil their ‘White Paper’ for English football on Thursday
- They will reveal details of how a suggested regulator would work in the game
- There are concerns at the Premier League that it could damage their position
The Government will unveil the ‘White Paper’ for English football’s independent regulator on Thursday amid fears from the Premier League it damages their position as the best division in the world.
Following Tracey Crouch’s fan-led review into football governance, Whitehall will reveal details of how the proposed regulator will look and work.
The document will disclose details of how the regulator aims to secure the financial futures of clubs, bolster the existing owners and directors test to ensure teams are protected from unscrupulous owners, to block any future moves to join a European Super League and give supporters a greater say in the running of their clubs.
Among the measures will a licensing system from the Premier League to the National League requiring clubs to be approved over a range of issues before being allowed to compete.
However, on what has been described as ‘historic’ day in English football there is significant apprehension at the Premier League.
The Government will unveil their ‘White Paper’ for English football’s regulator on Thursday
Whitehall will reveal details of how the proposed regulator in the game would work following Tracey Crouch’s (pictured) fan-led review into football governance
England’s top-flight is widely recognised as world football’s most popular league – but there are major concerns that forthcoming legislation will impact future overseas investment into the division.
There are also fears that the laws may see clubs curb transfer spending. The Premier League has a long history of attracting some of the planet’s most high-profile footballers, but there are fears that the impact of a regulator will result in fewer top players coming to England.
Indeed, the Premier League are lobbying the Football Association to relax their stringent post-Brexit work permit laws during this phase of negotiations regarding the regulator.
One of the core aspects of the regulator is how the vast Premier League wealth is redistributed down the football pyramid.
The EFL want 25 percent of the Premier League’s net revenue to safeguard the future of their clubs. At the moment the top-flight contribute around 17 percent.
The Premier League has a long history of attracting some of the planet’s most high-profile footballers such as Erling Haaland (pictured)
The EFL and the Premier League are still yet to agree on a financial deal between the divisions
Importantly, however, the Premier League and EFL are still to agree on a financial deal.
Crouch, chair of the fan led review said: ‘This is a big day for football in this country and I am delighted the Government has acted on the key strategic recommendations in my review.
‘The introduction of a new independent regulator of football will strengthen our incredible pyramid, giving investors, fans and communities confidence in the governance of our clubs, enabling them to thrive in the best leagues in the world.
‘Football is nothing without its fans, and the announcement today will ensure they remain at its heart while it continues to grow at home and abroad.’
Source: Read Full Article