The EFL said it is “eagerly awaiting” the introduction of an independent regulator for English football after lamenting the Premier League’s “repeated failures” to agree financial redistribution.
This week the Premier League was unable to get its clubs to support a measure that would see more than £900 million shared across the football pyramid. On Thursday the EFL board met to discuss its response and concluded it was “more important than ever” that the proposed regulator had the power to push through a deal.
In a statement, the EFL said it was “clearly disappointed that (Premier League clubs) have repeatedly failed to submit a new funding offer for EFL clubs” and the lack of positive progress “shows once again how difficult this is.” Topic for football is.” Address, without independent input. The EFL has repeatedly stated that financial redistribution coupled with improved cost control is required to achieve its overarching objective of making EFL clubs financially sustainable and competitive to continue to serve their fans and communities regardless of their level the pyramid in which they play.”
The EFL leadership has consistently said it wants a football-led solution to what it sees as a structural imbalance. But after two years of no solution, there is greater willingness to advocate for a regulator to take on the challenge. The key to this, from the EFL’s perspective, is the backstop powers given to the regulator in the event an agreement is not reached.
“The league eagerly awaits the introduction of the Football Governance Act as it is now more important than ever that the independent regulator is given the necessary powers to ensure the long-term sustainability of the Pyramid,” the statement said.
Following the Premier League’s decision to back out of a deal, reports suggest the government plans to speed up implementation of the bill. However, there was still no agreed date for the first reading in the House of Commons on Thursday, and shadow leader of the House Lucy Powell said Labor would make the introduction of a regulator in places with struggling clubs an “election issue” if the government did not act .
“If the Conservatives want to make this an election issue there, I say bring it into play,” Powell said. “Let’s be very clear: if they don’t want to regulate football governance, then we will.”
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In response, House of Representatives leader Penny Mordaunt said: “When we bring legislation to the House of Representatives it must have the confidence of the English Football League and having attended many events with the EFL myself I know that is clear and understandable.”
