Brief by Shorts91 Newsdesk / 09:16am on 26 Oct 2024,Saturday Sports
The Premier League is set to propose a new financial settlement plan for its clubs and the English Football League (EFL) next month, following recent government legislation that enables the establishment of an independent football regulator. This new regulatory body will have the authority to enforce significant financial reforms within English football. To navigate these changes, the Premier League has enlisted consultants, including Global Counsel, the firm led by Lord Mandelson, to advise on issues tied to the incoming regulator. The initiative marks a step towards addressing financial disparities within English football through structured oversight and financial settlements.