The current Labor Government believes that the regulator is rather necessary to stop unscrupulous, or simply incompetent owners, to bankrupt football clubs and to break a key element of many English communities.
The financial mismanagement of clubs like Macclesfield Town, which was completed in 2020, and the county of Derby, which almost followed the same path, are often mentioned as examples by government figures.
The secretary of culture, Lisa Nandy, told a recent meeting of leaders of leaders of all professional football that the 2019 shift in Bury FC in the administration provided her efforts on the bill, according to a present person.
See red (band)
However, the Premier League clubs are always furious against attempts, in their opinion, to regulate too much a booming British industry.
A problem that is concerned with the owners is the government’s mandate that the Premier League clubs will be forced to cover the majority of the operating costs of the new regulator, which could exceed 100 million pounds sterling over the next decade.
A figure in the football industry said that the lack of clarity around these sums and how they will be taken is to create an uncertain climate for potential investors.
Politices
