During The King’s Speech 2023, delivered on Tuesday, 7 November, King Charles III declared that ‘[l]egislation will be brought forward to safeguard the future of football clubs for the benefit of communities and fans’.
The Football Governance Bill (the Bill) was confirmed in the Speech’s background briefing notes.
The history of the Bill dates back to the Conservative Party’s 2019 manifesto promise to ‘set up a fan-led review of football governance, which will include consideration of the Owners and Directors Test’.
Indeed, we discussed this test in our recent blog on Everton Football Club’s proposed takeover.
The outcome of this fan-led review included the recommendation that the government ought to devise a new, independent regulator for English football in order to secure the sport’s long-term sustainability.
In February 2023, the government released its white paper -“A sustainable future – reforming club football governance”, which put forward its commitment to introduce the Regulator and detailed its duties and powers.