The UK government will press ahead with its plans for an independent regulator of English football from January next year.
According to The Times, there will be a regulatory body responsible for monitoring the sale of clubs and investigating who owns and manages each of them. He will also have a meaningful role to play in disciplining and punishing criminal gangs.
Today, these functions are handled by the FA (the English Football Association) and, in the case of English football’s elite, the Premier League.
The Times also points out that the state body would have the power to interfere with the Premier League’s financial distribution to the English Football League (EFL), which is responsible for managing the rest of England and the English League Cup. In total, there are 72 clubs that are not part of the country’s football elite.
As per the release, the new revenue sharing policy is deadlocked. The EFL wants to raise £250m a year. However, the Premier League proposed an extra £160m.
Another proposal in the document would be to encourage diversity in the managerial ranks of English clubs, although there are no established quotas for this.
The changes were expected in September, but the document was postponed to allow sports organizations to submit proposals.
According to the Daily Mail, Prime Minister Rishi Sunak has already signed a document to establish a governing body for local football. The proposals should be enacted into law by 2024, the paper says.
The Big Six did not accept this initiative
The proposal does not favor the Big Six, a group made up of Liverpool, Manchester United, Manchester City, Arsenal, Tottenham and Chelsea. There is an understanding that the move will only strengthen the other clubs that make up the Premier League.
Another area of disagreement is that the plan wants to impose more transparency and accountability on clubs, especially those associated with foreign governments.