Independent football regulator to be set up in England

British Prime Minister Rishi Sunak revealed the plans for an independent football regulator who will safeguard the English football clubs.

The Independent Regulator for Football (IREF) will have the authority to keep an eye on cash flow and other issues within clubs, many of which are financially vulnerable. In recent years many clubs have been either investigated or fined for various violations.

“Legislation will be brought forward to safeguard the future of football clubs for the communities and fans,” King Charles said in his speech. A separate government briefing document said that the ‘fragility of the English footballing pyramid had been exposed in recent years’ and that is one of the reasons for IREF to be founded.

🔴 Here are the details from the Government on the plan for the IREF:

Read @FairGameUK‘s response here: https://t.co/8BHstveGYG#KingsSpeech pic.twitter.com/0gYqG6OlKW

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— Fair Game (@FairGameUK) November 7, 2023

“The collapse of Bury FC, the devastating impact of the pandemic on clubs, and the botched plan for a breakaway European Super League have all revealed the financial unsustainability of some clubs and the need for more accountability for fans,” it said.