It’s needed but it’ll have to show it’s got teeth early on given the way too clubs have flouted the rules in recent years. It’ll also have to show it can take a case to CAS and win against the worlds top lawyers but it’s a promising start.
Not sure why it's needed. The PL is a massive success story in the world and by far the most popular league in the world.
The Premier League is so powerful that clubs like Real Madrid, Barcelona, Juventus feel they are being left behind and won't be able to compete in future,
hence why these clubs are desperate for a European super league. The proposals for a regulator are from certain EFL clubs who also feel they are being left behind.
Here are their basic proposals.
1: Stop English clubs joining other closed shops leagues (Super league) that are judged to harm domestic competition.
2: Preventing a repeat of a Bury or Macclesfield
3: Introducing a more stringent owners and directors test.
4: Giving fans the power to stop club name changes, changing club colours and badges.
5: Ensure a fairer distribution of wealth where the PL receive less money and EFL clubs receive more money with the intention of stopping parachute payments.
Comments
1: In theory seems reasonable, however what if the Champions League and Europa cups are replaced by a closed shop European super league.
The regulator would prevent Man Utd, Liverpool from entering meaning they finances and reputation suffers. So all the best players in the world will join other leagues and not the PL.
2: Again good idea but how do you exactly stop this? The best way is the make new owners leave a large deposit with the league so this can be used in emergencies.
However you'll then find very few people affording to or waiting to own a football club.
3:Again, not sure why. Whilst there are 3 teams relegated every season then there will always be 3 terrible unfit owners every season.
4: Seems a good idea and needs to be voted through.
5: This seems a bit like jealousy, the PL have built up their brand to be so fantastic that the EFL want a bigger share.
However WHY is the PL so popular around the world? The reason is due to completion in that league. In other countries clubs are allowed to negotiate their own TV deal
so in every league there are some real dross teams near the bottom, where the bigger clubs don't need to try.
However in the PL even clubs near the bottom are still rich and powerful with top players.
Also the PL currently encourage all promoted clubs (like Nottingham Forest) to spend big in order to compete.
and the reason is due to parachute payments. If Forest were relegated this season, they know they have financial protection to keep some of their players.
Without parachute payments, most promoted clubs will hardly spend because they would fear immediate relegation, so those clubs have no chance of staying up.
The PL would suffer as a spectacle as promoted teams from the Championship would be getting beat 6-0 most weeks.
Having an indépendant regulator can offer advantages but there also disadvantages too, it's generally a bad idea to have any regulator or government intervention.
In 10 years there could be less billionaires wanting to own English football clubs, instead they'll prefer to own Spanish and Italian clubs where there's more freedom.
For example if the regulator had more teeth it would see that Sheff Utd were heading towards financial ruin this season.
So they would have forced us to sell N'Diaye and Berge before this season started. Imagine our fans reaction to that. Then you would find complaints where the independent regulator are not independent as they interfere in the running of some clubs and not others.