"Going forward, it's to everyone's benefit for football to try to reach this understanding. My message today is that the pyramid needs to survive as it exists today. And to do that, English football must come together and end this uncertainty, and it needs to do it now."
"Ultimately we [the IFR] can step in and find a solution. We do not want to do that. We want football to find a solution, and we want to find it quickly. But if the leagues can't find a new deal, those powers will be enacted, and we will be looking at things such as the current mechanism for parachute payments."
"Under our mandate, we are there to make the game more sustainable. I hope this message opens up the process again. The clock is ticking. The opportunity is there. We are there to help football find those solutions."
The Premier League and English Football League remain deadlocked over financial support mechanisms for the football pyramid, including parachute payments and solidarity payments. Negotiations in 2019, 2023, and 2025 have failed to produce agreement. David Kogan, chair of the Independent Football Regulator, warns that time is running out and threatens regulatory intervention if the leagues cannot reach settlement. He emphasizes that unilateral IFR action would represent failure for football and stresses the importance of maintaining pyramid stability. The IFR possesses authority to examine parachute payment mechanisms if necessary. EFL chair Rick Parry supports reaching agreement, noting the current system creates unsustainable financial pressures on Championship clubs.
#premier-league #efl-financial-dispute #parachute-payments #independent-football-regulator #football-pyramid-sustainability
Read at www.bbc.com
Unable to calculate read time
Collection
[
|
...
]