The English executive, concerned about the clubs’ losses, reserves a right of veto
There are many fans who claim that the Premier League is the Super League. And that it is the most attractive championship because it is the one that spends the most money on transfers, regardless of the fact that it is a model in which all clubs go into debt and suffer losses. The million pound question is: Is the Premier League model sustainable? Could this lead to future team failures? The British government wants to do something about that.
The government will control the Premier, has veto power and sees Super League as an “unpopular separatist league”
In fact, the British executive is advancing its strategic plan to regulate the Premier League. The UK government is planning a project for a “radical transformation of the rules of football management”. What will it consist of? Well, an independent regulator will be set up to oversee and oversee the clubs, retaining veto power. This way they will achieveprevent clubs going bankrupt and bankruptcy situations. In other words, the British government will act as the Prime Minister’s “controller”. In addition, this new initiative will have the power to prevent English clubs from entering new competitions that do not meet the criteria agreed with the FA and the fans. In fact, the British government regards the famous Super League as a project for an “unpopular separatist league”.
The English executive wants a Premier League model that is “sustainable and efficient”.
The executive takes this initiative very seriously to protect fans, improve club management and most importantly to ensure the sustainability of the Premier model. In its report, the UK government will approve that the clubs have sound commercial and financial models. There is a very high level of concern about the Premier model, due to the huge economic losses it generates. These losses would be accepted as long as the multi-millionaire owners of the clubs ensure that they have sufficient financial resources in cash, or sufficient margin to support capital increases.. It will also oversee club purchases and the emergence of new magnates in English football. This comes on the heels of the Newcastle purchase, Chelsea’s change in leadership, Leicester’s capital raise and Manchester United’s recent purchase offer. The government wants to regulate the prime minister. And it is that, in economics, not all that glitters is gold.
Source: Goal
Gregory Robert is a sports aficionado and a writer for “Social Bites”. He provides in-depth coverage of the latest sporting events and trends, offering a unique and knowledgeable perspective on the world of sports.