The reform of English football, which includes the introduction of an independent body to mediate economic disputes, was moved on Tuesday to Parliament British, where, if approved, it would become law.
This body will oversee the five professional categories of British football and will aim to prevent financial problems from occurring at clubs, deal with financial disputes and make it impossible for teams to join external leagues just like European Super League.
This bill arose following the creation of a new competition in April 2021 and in response to the fans’ rejection of the decision of six English clubs, Arsenal, Chelsea, Manchester United, Manchester City, Liverpool and Tottenham Hotspurto join the Superleague.
The initiative to create a regulatory framework that prevents this began in 2022 and in February of last year it was confirmed that it would include this body independent of the British Government and the Premier League and its own decision-making powers.
“This is a historic moment for football fans. It will ensure that their voices are at the fore. Football is one of our great national prides, but for too long, some unscrupulous owners have abused some clubs and left with them, with economic problems that could lead to total collapse, as we have seen in the cases of Bury and Macclesfield Town“, said Rishi SunakPrime Minister of the United Kingdom.
The introduction of the bill in Parliament will come a day after Nottingham Forest was allowed the loss of four points due to financial irregularities, as happened this season in Everton, who received a penalty of ten points which was reduced by six after an appeal. Furthermore, the City of Manchester He has been accused of 115 financial fair play violations since February 2023.
The new independent regulator will have the power to supervise the new owners of the club and ensure that they have enough capital to prevent the club in question from going bankrupt, to ensure a fair distribution of income between the five level of English football and to preserve the teams’ heritage, forcing them to consult with fans on issues such as changing the emblem or the name of the stadium.
Source: La Verdad
I’m Rose Herman and I work as an author for Today Times Live. My expertise lies in writing about sports, a passion of mine that has been with me since childhood. As part of my job, I provide comprehensive coverage on everything from football to tennis to golf.
