DOUG King has welcomed the news of the introduction of the Football Governance Bill in Parliament on Tuesday (March 19).
A fan-led review of football governance will see the establishment of an independent football regulator.
The regulator will have powers revolving around three core objectives: improving financial sustainability of clubs, ensuring financial resilience across the leagues and safeguarding English football’s heritage.
Coventry City owner and executive chairman King said: “We are delighted at the news that the Football Governance Bill will be introduced in Parliament and begin its journey to becoming legislation.
“If delivered correctly, this can be a pivotal moment in the running of football in this country – making sure that the game we all love is here and thriving for years to come.
“I would like to thank all of our local MPs across all parties for their continued support and work in this important area.
“I’d also like to pay tribute to the EFL senior management team, and in particular chairman Rick Parry, for all of their efforts in long discussions with the Government to get us to this stage.”
For more information about the Football Governance Bill and the powers of the independent football regulator, visit: bills.parliament.uk/bills/3701
