Football regulator will hold clubs back
23 February 2023
SUGGESTED
In the Media
Harrison Griffiths writes for City AM
23 February 2023
Press Release
Lifestyle Economics
15 November 2024
Commenting on the Government’s release of the football regulator white paper, Professor Len Shackleton, Editorial and Research Fellow at free market think tank the Institute of Economic Affairs, said:
“The Government’s plans for a football regulator will limit investment, restrict competition and hold back development across the leagues. Fan vetoes will give power to supporters’ groups who are often unrepresentative and could hold back much needed reforms, such as ground changes, which would ultimately benefit clubs.
“The regulator will be subject to lobbying from all sorts of special interests. Its power to enforce redistribution is in effect a form of taxation which should not be imposed without specific Parliamentary sanction. And the proposed changes to corporate governance, such as a requirement for sustainable business plans, risks diverting effort into activities which have nothing to do with football.”
ENDS
Contact: jdinnage@iea.org.uk/07413 016026
In March 2022, the IEA published ‘Red Card: Why English Football doesn’t need an independent regulator’.
IEA spokespeople are available for interview and further comment.
“The Government’s plans for a football regulator will limit investment, restrict competition and hold back development across the leagues. Fan vetoes will give power to supporters’ groups who are often unrepresentative and could hold back much needed reforms, such as ground changes, which would ultimately benefit clubs.
“The regulator will be subject to lobbying from all sorts of special interests. Its power to enforce redistribution is in effect a form of taxation which should not be imposed without specific Parliamentary sanction. And the proposed changes to corporate governance, such as a requirement for sustainable business plans, risks diverting effort into activities which have nothing to do with football.”
ENDS
Contact: jdinnage@iea.org.uk/07413 016026
In March 2022, the IEA published ‘Red Card: Why English Football doesn’t need an independent regulator’.
IEA spokespeople are available for interview and further comment.
SHARE
