Cost of football regulator double initial estimate
Summary
The cost for English football clubs to support the Independent Football Regulator (IFR) has doubled to £20.3 million annually, higher than earlier estimates. From next season, clubs in the top five divisions will pay a levy based on their income to fund the IFR's work.Key Facts
- The IFR’s yearly costs are now estimated at £20.3 million, about double the first estimate of £8-10.2 million.
- The levy covers staff wages (£18.3 million), potential legal costs (£1 million), and part of the £45 million set-up cost spread over 10 years.
- All clubs in the top five English men’s football divisions must pay this fee from next season.
- Contributions vary by club size: top Premier League clubs could pay up to £1.8 million yearly, most Premier League clubs around £600,000.
- Lower league clubs pay less, e.g., Championship clubs without parachute payments pay about £45,000, League One £9,000, League Two £6,000, and National League under £600.
- The IFR says its costs are much lower than other football bodies like the Premier League (£200 million) and the EFL (£35 million).
- The IFR reports 94% of football clubs are losing money, and over 60% of EFL and National League clubs are insolvent (unable to pay debts).
- The IFR has done checks on 40 club owners and executives and helped financial talks between the Premier League and EFL.
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