UK government creates regulatory body to prevent super league and large capital

The British government creates an independent regulator to prevent the creation of a ‘league of their own’ such as the European Super League (ESL) and to protect the traditional ‘football pyramid’ system.

Major media such as the Associated Press and the British BBC published a white paper on the 22nd (hereafter local time) of the British government’s plans for a major overhaul of the British soccer league operating system, including the establishment of an independent regulatory body (IREF, tentative name) for elite soccer. It was reported that it was planned to be published on the same day.

According to the white paper delivered by these media, the government plans to introduce a license issuance system from the English Premier League (EPL), which is at the top of the pyramid-shaped elevating system, to the National League (5th division), and let IREF operate it.

Each club must prove to the IREF that it is maintaining its financial integrity before it can participate in the league.

While IREF continues to oversee each club’s finances, it also has legal authority to prevent clubs from being sold to unethical capital.

IREF is also given the authority to block big clubs from participating in fledgling competitions such as ESL.

In addition, fans will have a greater say in club management, such as selling or relocating the stadium, changing the club name and emblem, and changing the color of the home uniform.

British Prime Minister Rishi Sunak said: “Despite football’s success at home and abroad, we recognize that there are real challenges threatening the stability of clubs big and small. The new proposal puts fans back at the heart of football and the much-loved club. We will protect our rich heritage and traditions.”

The British government has created a ‘Fan-led Football Governance Review Committee’ to come up with improvement measures as fans’ demands to prevent the tyranny of large capital that became prevalent in the football world in the wake of the 메이저사이트‘ESL wave’ in 2021 intensified, and in accordance with the recommendation of this committee A white paper was written accordingly.

The goal of the soon-to-be-published white paper is to mitigate the phenomenon of ‘the rich get richer and the poor get poorer’ between big clubs and lower league clubs through IREF and to preserve the tradition of English football.

Launched in 1992, the EPL has achieved unprecedented success.

When global market research institutes or economic media rank ‘world sports league market value rankings’, the EPL is always ranked first along with the American Professional Football (NFL), American Professional Baseball (MLB), and Indian Cricket League (IPL).

However, the lower league teams, which have firmly supported the English football pyramid, have been gloomy.

Since 1992, 64 clubs have entered court receivership. Buri and Macclesfield went out of business, and Derby County, a ‘traditional house’ that won the first division twice in the early and mid-1970s, was in danger of liquidation last year.

British media outlets such as the BBC predict that when the IREF enters, more money will flow to the lower leagues from the EPL, which generates huge profits.

Even the top leagues are not in good financial shape.

As of the end of the 2020-2021 season, the debt of the EPL and Championship (second division) clubs reached 5.9 billion pounds (approximately 9.27 trillion won).

The EPL, which has a loud voice from big clubs, reacts with dismay to the regulation, saying, “England has become the first country in which football is a government-regulated industry.”

“We will continue to work constructively with stakeholders to ensure that the proposed regulation does not impact the EPL’s position as the most fan-watching club in the world, undermine its competitiveness, or endanger its unrivaled level of funding,” the EPL said in a statement. “he said.

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