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Prem dials down objection to Independent Regulator
Prem chiefs have dialled down their stance after the new Labour Government reintroduced a Bill to establish an Independent Regulator, writes MARTIN LIPTON.
League bosses had previously warned of the “unintended consequences” of the proposed new body to have financial and other oversight powers.
But after the measure was included in the address at Westminster, the Prem response was much more low-key.
In a briefing note, the Government said the Regulator would “protect football clubs across England, ensuring their financial sustainability and giving fans a greater say in the way clubs are run”.
It promised a block on any clubs joining any breakaway “closed” Super League “while providing the certainty and sustainability required to drive future investment and growth, so that English Football remains a global success story”.
Full details of any extra powers from the Bill introduced in the previous Parliament have yet to emerge although the Government said it was “strengthening proposals to ensure that fans have a greater voice in their own clubs”.
In response, a Premier League spokesperson said: “We look forward to working with the new Government and discussing the detail of the Bill. The success of the Premier League model enables us to support the best-funded football ecosystem in the world, including substantial investment into grassroots and communities.
“It is critical that the regulation of this highly successful industry is proportionate and effective, to ensure that English football can continue to be world-leading and deliver for millions of fans.”
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