UK may limit new football regulator's powers

Downing Street may reduce the power of the new Independent Football Regulator. Concerns have arisen that the regulator could harm the Premier League. Reports indicate that the government wants to avoid discouraging investment in football. The legislation for the regulator is currently being discussed in Parliament. A key minister declined to confirm if the regulator will proceed. There are worries that strict rules could scare away foreign investors interested in buying clubs. Experts fear that limiting investments could hinder growth in the football industry. The Premier League is the most-watched football league worldwide, with broadcasts reaching 900 million homes across 189 countries. Rupert Lowe, a former chairman of Southampton FC, warned that the regulator could threaten the success of the Premier League. He pointed out that the league has contributed significantly to the UK economy. He expressed concerns that heavy regulation could harm football as it has in the financial sector. Lowe emphasized that the Premier League thrived under self-regulation and strongly opposed the introduction of a strict regulator.