LONDON : The introduction of an independent regulator for English soccer represents a big risk that could have unintended consequences, according to Premier League Chief executive Richard Masters.
Soccer Football - Premier League - Manchester City v Chelsea - Etihad Stadium, Manchester, Britain - May 21, 2023 Premier League chief executive Richard Masters stands next to the Premier League trophy before the presentation REUTERS/Carl Recine/File Photo
"By any yardstick we are an incredibly successful industry. But it is not just the Premier League, right down through the pyramid, we have got fantastically successful leagues. It is a first. We can't look to Germany or Spain or France and say, 'Well, we can see it working'. Amongst its tasks, the regulator would set up a licensing system for the top five tiers in English soccer with clubs needing to meet requirements with regard to financial stability, owners' suitability, fan engagement and the protection of clubs' heritage such as club badges, kit colour and stadiums.
"I don't want this backstop power to ever be used, it is unnecessary. Since 2007, we have been bilaterally agreeing more generous deals with the EFL and I would love that to continue. That's my aspiration and hope."
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