New football regulator update amid Premier League and EFL funding row

manchestereveningnews.co.uk:

The independent football regulator will have the power to resolve the ongoing dispute over money distribution between the Premier League and the EFL.

The Government has previously warned that the regulator would have "backstop powers" to step in if needed. These powers will be confirmed on Tuesday when the Football Governance Bill is introduced to Parliament. "These powers mean that if the leagues fail to agree on a new deal on financial distributions, then the backstop can be triggered to ensure a settlement is reached," said a Government announcement about the Bill.

The exact details of when these powers would be used and what they would look like are still unclear. However, the Government mentioned last September that it was considering binding final offer arbitration as one option. READ MORE: Pep Guardiola and Man City could still face Jurgen Klopp's Liverpool in incredible Premier League title decider READ MORE: Casemiro, Martinez, Martial - Man United injury news and return dates for Brentford Under this system, both leagues would submit their proposal, the regulator would evaluate them based on set criteria, and then choose and enforce one as the binding agreement.

It was hoped that the Premier League's clubs would make a formal offer to the EFL at a meeting last Monday, but no offer was made.