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The government will finally release the White Paper for English soccer’s independent regulator TODAY, but the Premier League fears the legislation will affect overseas investment and transfer spending.
- The Government will unveil its ‘White Paper’ for English football this Thursday
- They will reveal details of how a suggested regulator would work in the game
- There are concerns in the Premier League that it could damage their position.
The government will unveil the ‘White Paper’ for English soccer’s independent regulator on Thursday amid fears by the Premier League that it will damage its position as the world’s top division.
Following Tracey Crouch’s fan-led review of football governance, Whitehall will reveal details about how the proposed regulator will look and work.
The document will reveal details of how the regulator intends to secure the financial future of clubs, strengthen existing owner and manager tests to ensure teams are protected from unscrupulous owners, block any future move to join a European Super League and give fans a greater say in the running of their clubs.
Among the measures will be a licensing system from the Premier League to the National League that requires clubs to be approved on a variety of issues before they are allowed to compete.
However, in what has been described as a ‘historic’ day in English football, there is a great deal of apprehension in the Premier League.
The Government will present its ‘White Paper’ for the English soccer regulator on Thursday
Whitehall will reveal details of how the proposed in-game regulator would work following Tracey Crouch’s (pictured) fan-led review of football governance.
England’s top flight is widely recognized as the most popular soccer league in the world, but there are major concerns that upcoming legislation will affect future foreign investment in the division.
There are also fears that the laws will cause clubs to reduce transfer spending. The Premier League has a long history of attracting some of the most high-profile footballers on the planet, but it is feared that the impact of a regulator will result in fewer elite players coming to England.
In fact, the Premier League is lobbying the Football Association to relax its strict post-Brexit work permit laws during this phase of negotiations with the regulator.
One of the central aspects of the regulator is how the great wealth of the Premier League is redistributed in the football pyramid.
The EFL wants 25 per cent of the Premier League’s net income to safeguard the future of its clubs. At the moment those of the highest category contribute around 17 percent.
The Premier League has a long history of attracting some of the most prominent footballers on the planet, including Erling Haaland (pictured).
The EFL and the Premier League have not yet reached a financial agreement between the divisions.
However, it is important to note that the Premier League and the EFL have yet to reach a financial agreement.
Crouch, chairman of the fan-led review, said: “This is a great day for football in this country and I am delighted that the Government has acted on the key strategic recommendations in my review.”
“The introduction of a new independent soccer regulator will strengthen our incredible pyramid, giving investors, fans and communities confidence in the governance of our clubs, allowing them to thrive in the best leagues in the world.
“Soccer is nothing without its fans, and today’s announcement will ensure they remain in its hearts as it continues to grow at home and abroad.”