Rick Parry expresses hope that the independent regulator's review will break the deadlock between the EFL and Premier League, pushing for a financial reset.
Parry asserts that concerns over the regulator impacting Premier League competitiveness are 'nonsense', advocating for consistency as clubs challenge regulatory decisions.
He remarks that parachute payments for relegated clubs have become excessively large, calling it 'intellectually incoherent' to exclude them from regulatory oversight.
Parry emphasizes that the Football Governance Bill presents improvements that will ultimately determine the financial dynamics of the entire football hierarchy in England.
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