23.2 C
Malaysia
Sunday, May 5, 2024

Premier League chief fears regulator could kill ‘golden goose’ – eNews Malaysia

PREMIER LEAGUE chief govt Richard Masters has hit out at plans for an unbiased regulator of English soccer, saying it could injury the league’s aggressive benefit over the remainder of Europe.

The UK authorities has launched a invoice to enshrine it into legislation and could try to drive the transfer by way of earlier than a common election, anticipated later this yr.

A regulator could have a raft of powers to make sure golf equipment are sustainably run and the power to dam groups from becoming a member of breakaway competitions such because the European Super League.

Premier League golf equipment benefit from the greatest broadcasting revenues in world soccer.

However, top-flight groups have been at loggerheads with the English Football League (EFL), which controls the three divisions under the Premier League, over a brand new funding settlement for the pyramid.

ALSO READ: Leicester report losses value 89.7m kilos in newest account

A deal value round £900 million ($1.1 billion) over six years for the decrease leagues, and tied to future TV revenues, has been held up for months because of disagreements between Premier League golf equipment.

Teams in English soccer’s elite competitors had been warned by the federal government final month that failure to succeed in a funding deal would result in one being imposed on them.

Masters, nevertheless, insisted regulation dangers harming the Premier League’s standing because the world’s most-watched league.

“As chief govt of the Premier League, my overriding concern is that the invoice would scale back our competitiveness and weaken the unimaginable attraction of the English recreation,“ he wrote in The Times on Tuesday.

ALSO READ: What subsequent for the Premier League’s revenue and sustainability guidelines?

“It is a danger that regulation will undermine the Premier League’s international success, thereby wounding the goose that gives English soccer’s golden egg.

“It is a danger to manage an business that has labored so exhausting to steer the world, particularly when none of its opponents are topic to the identical regulation.”

Concerns expressed by Premier League golf equipment have been dismissed by these engaged on a lot smaller budgets within the decrease leagues.

“The hole is simply getting greater and greater between the Premier League and the remaining (of Europe), so the concept that the Premier League goes to be unduly constrained or now not aggressive, I simply don’t even see how that argument will get to first base,“ mentioned EFL chairman Rick Parry.

ALSO READ: Premier League spending falls by £715m in comparison with final January

Related Articles

Stay Connected

672FansLike
104FollowersFollow
248SubscribersSubscribe
- Advertisement -

STAY IN TOUCH

To be updated with all the latest news, offers and special announcements.

Latest Articles

Lazada