News Net Nebraska

Complete News World

English Football's White Paper declared: Here's what's changing

English Football's White Paper declared: Here's what's changing

All changes to the Premier League and UK minor leagues

Now it's official. the Government Follower United kingdomas announced in recent weeks, gave life with the so-called consent “White papers”to a regulatory body independent Which will assume the task of supervising the accounts of English clubs up to the National League, the fifth football series in the country.

The primary purpose of this new institution is To report In the football center I am Fans. Clubs will have to prove they have a financial model solidAnd what it should be consent, To be able to register for the tournament. Moreover, rights Audiences to participate in decisions She will worry Club history, such as any changes to the coat of arms or club colours. Moreover, in the event of moving to A New stadium, or the major works of an existing installation, must be approved by the regulator first. In this case too, fans are expected to participate. It will become an essential part of whether this process ends or not.

Finally, they will be introduced Tests More stringent and more due diligence Hinge On the accounts and availability of any new owners preparing to take over English football clubs. Clubs will then have to submit a financial plan which will first need approval by the independent regulator as a condition for completing the club takeover. This is a particularly frightening situation Premier LeagueShe expressed concern that similar rules could discourage foreign investment.