ManU Set To Announce $1B Nike Deal Carson Yeung Hit With 6-Year Sentence F1 Prepares For Season Of Uncertainty Low Attendance Numbers For NRL Openers Green: Worth Double What Rangers Paid Documentary Looks At Concussions Basketball ACT Looking For Next CEO McLaren F1 Team Without Title Sponsor League Notes Hangin' With ... Mike Hooper
Enter amount in full numerical value, without currency symbol or commas (ex: 3000000).
Upcoming Conferences and Events
SBD Global/January 30, 2013/Leagues and Governing Bodies
MPs Tell Football Authorities To Get Finances In Order Or Face Government Intervention
Published January 30, 2013
PRESSURE IS ON: REUTERS' Keith Weir reported the call adds pressure on the 20-team Premier League to implement UEFA's Financial Fair Play measures, which European football's governing body "has already introduced for leading teams across the continent." Raising concerns over debt levels in English football, the report called on the Premier League "to follow the example of the second-tier Championship and adopt FFP rules to rein in losses." The report added: "If they are not enforced, then we consider that legislation will be required to impose some financial discipline on clubs." The FA, Premier League and Football League said that they "were continuing to work towards final approval and implementation of the reform proposals." The organizations said in a joint statement: "Significant headway has already been made on many of these proposed reforms, not least on sustainability and transparency" (REUTERS, 1/29). BLOOMBERG's Kitty Donaldson wrote the panel said that the country’s professional leagues, especially the Premier League, "have too great an influence over the decision-making processes" of the FA. Increasing commercialization, coupled with a lack of financial regulation, is leading to "significant financial risk-taking among football clubs that threatens the game" (BLOOMBERG, 1/29).
GIANT DIVIDE: In London, Charles Sale reported widespread FA Council opposition to government interference "will only be intensified by an extraordinary ‘oversight’ in the Whitehall report slamming the FA for lack of reform progress." The select committee findings wrongly say that FA Chair David Bernstein "has been given an extension to his time in office until 2014 after an FA board decision and a change of rules." In fact, the opposite is true: Bernstein "is being forced to depart this summer after the FA Council voted not to allow him to continue at the helm after his age-limit 70th birthday." An FA spokesperson said: "If the government want to be taken seriously they should at least get their facts right. We have been running our business for 150 years, which is a lot longer than they will be in power" (DAILY MAIL, 1/29). In London, David Conn wrote on the GUARDIAN's The Sport Blog this report's headline recommendation "is simple and there is some sadness" that it should even have to be articulated: "As the governing body of football in England the Football Association should take the lead in decision-making for the game." That is the core function of the FA, and this process, which began in Dec. '10 when the select committee launched its inquiry, "was a test of the FA's will to stand up for its independence." The committee's report concludes that "Bernstein, for all his dignity and decency as a chairman, flunked it" (GUARDIAN, 1/29).