The EFL has said it “eagerly” awaits the introduction of an independent regulator for English football after deploring the “repeated failure” of the first division reach an agreement on financial redistribution.
This week the Premier League failed to get its clubs to support a measure that proposed to share more than £900 million through 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 force a deal.
In a statement, the EFL said it was “clearly disappointed by the repeated failure (of Premier League clubs) to submit new funding offers to EFL clubs” and the lack of positive progress “once again demonstrates the “This is a difficult issue for football.” address, without independent entrance. The EFL has repeatedly said that financial redistribution along with better cost controls is needed to help achieve its overriding objective of making EFL clubs financially sustainable and competitive, so they can continue to serve their fans and communities in the world. future, regardless of the level. of the pyramid in which they play.”
EFL leaders have consistently said they want a football-led solution to what they see as a structural imbalance. But after two years without a resolution, he is more willing to speak out in favor of a regulator taking on the challenge. Key to this, in the eyes of the EFL, is the fallback powers given to the regulator in the event of a no-deal.
“The league eagerly awaits the introduction of the Football Governance Bill, given that 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 backtrack on a deal, reports have suggested the government plans to speed up the implementation of the bill. However, there was still no agreed date for the first reading in the Commons on Thursday and shadow leader Lucy Powell said Labor would make the introduction of a regulator “an electoral issue.” ” in places with clubs in difficulty. if the government did not act.
“If conservatives want to make this an election issue in those places, I say let them do it,” Powell said. “Let's be very clear: if they don't want to regulate football governance, then we will.”
after newsletter promotion
Responding, House leader Penny Mordaunt said: “When we introduce legislation in the House, it will need to have the confidence of the English people. Soccer Leagueand, having attended many events with the EFL, I know that is clear and understood.”
