Publication
The UK Football Governance Bill: Impact on ownership
The UK Football Governance Bill (the Bill), reintroduced by the current Labour government in 2024, marks a significant shift in the regulation of English football.
United Kingdom | Publication | November 2022
At a recent hearing with the Industry and Regulators Committee, the Regulator announced that it is working with the FCA to address the recent issues concerning liability-driven investment.
Charles Counsell, the Regulator's Chief Executive, expressed concerns that there was a lack of awareness among some pension scheme trustees, particularly in smaller schemes, over LDI. He stated that the regulators will consider issuing a joint statement to LDI funds and DB schemes regarding the level of collateral they are expected to keep, in the event of sudden bond yield movements.
On a related note, the House of Commons Work and Pensions Committee recently issued a call for evidence into the governance of DB schemes with LDI. In light of this, Counsell said that the Regulator will consider if it needs to further improve data reporting and gathering, as part of its pending response to its 2021 joint consultation with the PPF on collection of DB scheme asset information.
Publication
The UK Football Governance Bill (the Bill), reintroduced by the current Labour government in 2024, marks a significant shift in the regulation of English football.
Publication
Our report last year included a summary of the Premier League’s profit and sustainability rules (PSR) and discussed both how owners have reacted to the rules and our predictions for the likely impact on future ownership of Premier League clubs.
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