Football Governance Bill receives Royal Assent, marking a new era for the men’s game
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The Football Governance Bill received Royal Assent today, officially bringing in legislation for an Independent Football Regulator (IFR).
Commenting on this announcement, Aaryaman Banerji, Head of Football Governance at LCP, said:
“There can be no doubting that the passing into law of the Football Governance Act marks a significant moment for the men’s game in England. This has been a protracted, and often laborious process, going back four years to the publication of the Fan-Led Review of Football Governance. However, with its introduction, this Act has now confirmed the establishment of an Independent Regulator for the football industry - a new financial referee.
What we’ve seen, particularly over the last few months as the Bill approached the finishing line, is a wide plurality of opinion on the potential consequences of this move from stakeholders across the industry. With this in mind, the reaction of stakeholders over the coming weeks will provide an early indication of whether this potentially divisive legislation can in practice bring some harmony to the football industry.”