Sport
New football regulator aims to stop super-rich English clubs sleepwalking into disaster
The Premier League has warned that the new regulator could undermine its global success but other believe new checks and balances are needed
Jeremy Hunt, the British chancellor of the exchequer, praised the English Premier League in a report earlier this year for helping British sport “stand tall on the world stage.”
Yet within months, one of the league’s most famous clubs is struggling to remain in business. Everton has held talks with restructuring advisers after its proposed takeover by Miami-based 777 Partners stalled, a deal that the Premier League declared it was “minded to approve” recently.
On Wednesday, Everton ...
