Cheltenham Town Football Club welcome the long-awaited Football Governance Bill, an important milestone to help secure the long-term financial sustainability of England’s football pyramid.
This legislation can help us fix the game’s broken financial model by offering the independent input ultimately needed to help ensure that all Clubs can survive in a fair and competitive environment.
It is clear there is an appreciation of just how important professional Clubs are. The support has been instrumental to get to this point and we will continue to work collaboratively in the months ahead.
In a statement, EFL Chair Rick Parry said:
“The EFL welcomes today’s arrival of the Football Governance Bill to Parliament in what we hope will be an important milestone to help us secure the long-term financial sustainability of England’s football pyramid.
“The establishment of the Independent Football Regulator will be at the heart of this reform, and we are encouraged that the Regulator will be given backstop powers to deliver financial redistributions should the game be unable to agree a deal itself.
“In recent years, we have been working with Government and across Parliament on a cross-party basis. It is clear there is an appreciation of just how important professional Clubs are to their communities and why they must be protected.
"We are pleased that the Government has stated its commitment to the State of the Game Review which will provide the basis for the Independent Regulator’s work in making the game financially sustainable.
“Finally, on behalf of the EFL I would like to thank MPs, Peers, fans and all those who have helped get the Bill to Parliament and we will continue to work collaboratively in the months ahead.”
