New football regulator will have 'targeted powers' to stop clubs joining breakaway Super League

A new independent football regulator will have 'targeted powers' to stop clubs from joining breakaway leagues, the government has said

The EFL's chairman, Rick Parry, wants to secure 25 per cent of all pooled broadcast revenues in a new settlement between the leagues, alongside the introduction of two to one merit-based payments in the Premier League and Championship.

The government has said it is confident its plans for a regulator will not compromise the financial power of the Premier League, which is streets ahead of the other 'Big Four' leagues in Europe. The regulator will also run an owners' and directors' test, with a focus on the fitness and propriety of new owners and enhanced due diligence.The government says it will now embark on further consultation with the key stakeholders, with plans to bring forward legislation to be announced as soon as parliamentary time allows.

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