Football’s independent regulator will have the power to settle the ongoing row over financial distribution between the Premier League and the EFL.
The Government has long warned the football authorities the regulator would have ‘backstop powers’ to intervene and those powers will be confirmed on Tuesday when the Football Governance Bill is introduced to Parliament.
“These powers mean that if the leagues fail to agree on a new deal on financial distributions, then the backstop can be triggered to ensure a settlement is reached,” a Government announcement on the Bill said.
ICYMI – this week Labour has said it will prioritise delivering a new independent regulator for football if the Government fails to do so before the next electionhttps://t.co/IZCu9o6kcH
— The FSA (@WeAreTheFSA) March 15, 2024
Precise details over the point at which the powers would be triggered – and what those powers would look like – have not yet been confirmed but the Government said in a consultation response last September that one option it was considering was binding final offer arbitration.
Under that system, the two leagues would each submit their proposal, the regulator