Gary Neville has welcomed proposals for Premier League clubs to be regulated independently. Former Sports Minister Tracey Crouch has written a letter to the cultural secretary showing that independent regulators are needed to protect ley aspects of the game. Neville shared the letter on social media with an applause emoji. The review was commissioned after the collapse of the European Super League.
“The evidence has been clear that football clubs are not ordinary businesses. They play a critical social, civic and cultural role in their local communities. They need to be protected – sometimes from their owners who are, after all, simply the current custodians of a community asset.” the letter shared by Gary Neville talking about the Premier League said. “Key aspects of our national game are at genuine risk. The short-lived threat of the European Super League jeopardized the future of the English football pyramid.”
“While that threat has receded – for now – the dangers facing many clubs across the country are very real with their futures precarious and dependent in most cases on the willingness and the continuing ability of owners to fund significant losses.” the letter added. “It is sobering to consider that these numbers are the end result of a long period in which football had been growing revenues to record or near-record levels.”
“The threat of possible future reductions in income expected as the broadcast market diversifies indicates that, without reform, English football could face an existential crisis in years to come unless pre-emptive action is taken now.” the letter concluded.