The Premier League chief executive Richard Masters has laid out a series of detailed objections to plans for an independent regulator for English football
Richard Masters has laid out a series of detailed objections to plans for an independent regulator for English football, arguing the body will be too risk-averse and subject to too much influence by government.
“We remain concerned that the Bill as drafted may … feasibly result in a risk-averse model, delivered by a complicated and duplicative system,” he writes. “This will inevitably cause consequences for the smooth running of the leagues.” Masters argues that this system duplicates existing processes and, modelled in part on regulation of the financial industries, is not suitable for football. “Banking is an industry that requires systemic stability,” he writes. “The football industry overall is remarkably stable with just six administrations over the past 12 years. However, what goes on inside the league structure is inherently unstable.
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