Independent Football Regulator releases six-point plan to improve clubs’ financial sustainability

1. The distribution of revenue must be reformed, with changes focused on financial stability and not encourage imprudent spending. This reform should seek to “mitigate the financial impact of relegation from the Premier League ” and “reduce the distortive impact that parachute payments have on financial incentives within the Championship ”.
2. Leagues, clubs and other stakeholders should take actions to reduce losses.
3. Action should be taken at the National League level to ensure football governance matches the risk within the game.
4. Clubs must improve how they manage financial risk. By 2030, the Football Governance Act requires clubs to hold ‘Appropriate Financial Resources’. The IFR will require all clubs to commit to an action plan setting out how they will meet the ‘Appropriate Financial Resources’ requirement by 2030.
5. Clubs must show how they take fans’ views into account.
6. Clubs must make progress on boardroom and senior executive diversity.

IN FULL

Majority of English football clubs ‘on the edge of financial disaster’, landmark report finds