Sky TV reported that the new regulator of English football will hold its first summit early next month, which clashes with the annual gathering time of major European club associations. According to Sky News, the Independent Football Regulatory Auth...
Sky TV reported that the new regulator of English football will hold its first summit early next month, which clashes with the annual gathering time of major European club associations.
According to Sky News, the Independent Football Regulatory Authority (IFR) has invited 116 clubs from the Premier League, the English Football Federation and the National League to attend a meeting in Manchester on October 8. The summit is expected to involve further consultations on a range of issues raised in the new legislation, including professional club licensing systems and fan participation.
This month, IFR began consulting on a more stringent scrutiny system for club owners, directors and senior executives, mainly due to new concerns about the fate of clubs like Sheffield Wednesday.
Sources revealed that the IFR was told that the meeting date conflicted with the time of the European Club Association's conference in Rome, which is scheduled to be held from October 7 to 9. However, a source insisted that the IFR meeting will be as planned, adding that Premier League clubs have enough resources to attend both events at the same time.
Although invitations to the IFR summit have been sent, its leadership has not yet been finalized. Media executive David Cogan is regarded by the government as the first candidate for chairman, but his appointment has not been formally approved as a report on the matter is still awaiting. Nevertheless, Kogan has had bilateral meetings with Premier League clubs in the summer and has held talks with larger FC club groups. Public appointment commissioner William Shockros said in June that he would review the process and expect to report the results in a few weeks. Sky News disclosed in July that EY partner Richard Monks has been identified as IFR's first CEO. The appointments of Kogan and Monks may be officially announced this month. One of the powers of IFR is the ability to impose financial solutions on the Premier League to ensure funds are allocated to lower-level league clubs. The regulator was founded after the failed European Premier League program in 2021 was controversial and promised by the previous Conservative government. Currently, the top professional leagues are still in a civil war, and the Manchester City club owned by Abu Dhabi is in a major legal dispute with the Premier League, involving the club's financial affairs.
source:7m net
