Should the government establish an independent regulator to oversee English football clubs?

Following the collapse of historic clubs like Bury FC and the attempted breakaway European Super League, the government proposed a statutory independent regulator to ensure financial sustainability in the 'beautiful game.' This regulator would have the power to block teams from joining breakaway leagues and apply a stricter 'owners and directors test' to prevent money laundering or human rights abusers from buying clubs. Proponents argue that football clubs are cultural heritage assets, not just businesses, and require protection from reckless capitalism. Opponents argue that the Premier League is a massive economic success story and government interference—or 'red tape'—could scare away investors and reduce the quality of football.