Opened the debate
The Independent Football Regulator (IFR) has published a report highlighting the financial instability in English football, with 17 clubs in the EFL and National League being loss-making even if their players played for free. More than a quarter of clubs could not survive a month without owner support, and nearly two-thirds of clubs in the English Football League and National League are technically insolvent. The report underlines the need for the Football Governance Act 2025 and the establishment of the IFR to protect the financial future of football clubs. The Government's actions are aimed at ensuring fair distribution of revenue between the leagues and improving the sustainability of the game.