The landmark Football Governance Act received Royal Assent on Monday thereby becoming a law and signing an independent football regulator into the British game.<\/p>\n
The act marks a turning point in British football and aims to bring greater financial security, regulation and accountability for clubs and fans up and down the pyramid.<\/p>\n
It will include tough new financial regulations to improve the long-term sustainability of clubs, new standards for fan engagement in club decision-making and bars on clubs joining closed-shop competitions and breakaway leagues.<\/p>\n
Backstop powers to ensure a fair financial distribution between leagues and new statutory protections for key club heritage aspects will also be introduced from the Premier League to League 2.<\/p>\n
– Premier League’s big spenders gear up for epic title race<\/a> “This is a proud and defining moment for English football,” Prime Minister Keir Starmer said. “As someone who has loved the game all my life, I know just how deeply it runs through our communities. It’s where memories are made, and generations come together.<\/p>\n “Our landmark Football Governance Act delivers on the promise we made to fans. It will protect the clubs they cherish, and the vital role they play in our economy.”<\/p>\n The act was supported in the Commons earlier this month with MPs voting in favour at the third reading by 415 votes to 98, a majority of 317.<\/p>\n
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