Stronger version of Football Governance Bill set to be read in House of Lords
The IndependentSign up to Miguel Delaney’s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel’s Delaney’s free weekly newsletter Sign up to Miguel’s Delaney’s free weekly newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A strengthened Football Governance Bill will begin its second reading in the House of Lords on Wednesday, with parachute payments under the powers of the proposed independent football regulator expected to be one of the main topics debated. Labour’s new sports minister Stephanie Peacock has already said parachute payments, made by the Premier League to relegated clubs, will not be abolished by the regulator. The EFL’s present distribution deal, which has been in place from 2019 by mutual agreement, sees every Championship club get £7.8m, League One clubs receive £1.4m and League Two £900,000. The Premier League has already expressed concern at the regulator having “unprecedented and untested” powers to intervene in the distribution of top-flight revenue, feeling it could negatively impact the competition’s continued competitiveness as well as attracting world-class talent which could in turn then hit its global appeal.