John Stevenson MP has welcomed the Kings Speech and the inclusion of the Football Governance Bill, at the State Opening of Parliament today. It was one of a number of bills set out in the first King’s Speech for 70 years.
The Bill includes the case for an independent regulator, a body expected to have targeted powers to address the financial sustainability of clubs, focussing in particular on how money can be channelled from the Premier League to lower division clubs.
Commenting John said, “I am delighted to see this Football Bill included in the King’s Speech today. Supporting clubs like Carlisle United is vital for the future of the sport, and recognises the important role clubs like ours play in producing home grown talent and the excellent work they do in the local community. I shall be following the progress of this Bill with interest.”
The EFL is in full support of the Football Bill.