Story perspectives

New Regulator to Overhaul English Football Club Finances

1/20/2026

Summary

Story summary

The Independent Football Regulator in England will use statutory powers to analyze club finances across the football pyramid.
This follows the "State of the Game" report, which assesses club debt, ownership models, and player wages.
The report will address parachute payments to relegated clubs, with a draft available this year and the final version in 2027.
David Kogan, the regulator's chair, emphasized the report's unprecedented depth to aid long-term decision-making.

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Story summary

The Independent Football Regulator in England will use statutory powers to analyze club finances across the football pyramid.
This follows the "State of the Game" report, which assesses club debt, ownership models, and player wages.
The report will address parachute payments to relegated clubs, with a draft available this year and the final version in 2027.
David Kogan, the regulator's chair, emphasized the report's unprecedented depth to aid long-term decision-making.