The strongest supervision is here! New regulations of the independent regulator IFR: shareholders who violate regulations will be kicked out of the Premier League

September 5 BBC reported that the independent football regulator in England announced new regulations aimed at preventing "bad" individuals from buying and operating football clubs.

The British Parliament has earlier passed a Football Governance Act to establish an independent regulator to oversee men's football matches in the top five leagues in England. As its first important policy announcement, the Independent Football Regulatory Agency (IFR) stated that it plans to establish a new owner, director and senior management testing system that will give it the power to take action if the owner or director fails to meet the new requirements.

This new testing system will be independent of existing owners and directors' tests, which is applicable to all potential buyers who wish to buy English football clubs. The Premier League has previously stated that it will continue to run its own owner and director tests independently without being affected by football regulators. Existing tests have been widely criticized in recent years for allowing unqualified personnel to acquire football clubs.

IFR said the new proposal would enable it to hold clubs and individuals accountable by using financial penalties, public condemnation and requiring owners to divest their club shares. The test will assess the “honestness, integrity and financial robustness” of individuals interested in purchasing a football club and require them to demonstrate that they have the “necessary skills and experience”. The IFR proposal applies not only to new potential owners, but also to already in-place owners.

"Owners who operate well are hardly affected. However, if IFR has doubts about the suitability of the incumbent, it will be able to take action," the IFR said in a statement.

These proposals still need to be approved and the public can participate in the consultation process by October 6. The IFR will announce its response to these consultations later this year and hope it will be implemented as soon as possible.

Currently, for owners who do not provide sufficient financial support for their clubs, whether the league, regulator or the government, there is a lack of effective means to prevent this from happening. For example, Sheffield was in financial trouble Wednesday under its owner Dejphon Chansiri; Morecambe almost went bankrupt under former owner Jason Whittingham.

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