The EFL has been clear that the English game needs a fundamental financial reset in order make the game sustainable so that all Clubs can continue to serve their supporters and communities long into the future.
After an extensive period of consultation, the EFL is therefore pleased to note that the Government’s announcement regarding an Independent Regulator proposes to “oversee the financial sustainability of the game” and we welcome that a Regulator will have “targeted powers of last resort to intervene and facilitate an agreement as and when necessary”, should football be unable to find a funding agreement that safeguards the future of our pyramid for the long term.
Going hand-in-hand with financial reform, the League is supportive of proposals relating to enhanced regulation and looks forward to consulting with Government on matters including Club Licensing, the Owners and Directors Test and heritage protection in the period ahead.
A landmark moment for the future of our game, we now await to review the White Paper in its entirety and will consider our position in full. The Fan Led Review White Paper represents a once in a generation opportunity that must be seized to address the systemic issues that football has been unable to sort itself over the last 30 years.