MPs have given the financial side of English football a year to change.
Football has never been a wealthier or more lucrative sport with more cash in the game than ever before.
The penalties if these changes are not met could be quite significant in terms of changing the way that English football is run.
If the game doesn’t make drastic changes then it’s expected that the government will press for the implementation of cost control measures as well as an initiative which will give fans more of a say and more influence.
The UEFA Financial Fair Play initiative has already been introduced across Europe and it’s expected that something similar will be put in place, solely for the English game from next season.
The controls which have been debated include a break even rule for all English clubs which risks a points penalty or a significant fine for any club that doesn’t at least break even.
There has also been talk of possible exclusions from domestic cup tournaments such as the League Cup and the FA Cup.
What the government is effectively doing is creating a chance for English football to make the changes internally before they are forced upon the governing bodies of the English game.
The fans will come into the equation in terms of how much they are currently being charged to watch football.
Fan action has already started to gather momentum with rival supporters groups joining forces and calling for a £20 ticket cap on the price of away tickets for Premier League matches.
This is a small change that the majority of top flight clubs could afford to make considering the Premier League will enjoy around £5 billion in TV revenue from next season onwards.
The current level of disparity between Premier League clubs and the majority of Football League clubs is absolutely huge and this is a change which needs to be nurtured rather than branded.
If the government is forced to step in and impose rules and penalties onto clubs in order to preserve the status of the game we all know and love, certainly most fans will happily accept changes but the clubs could kick up a fuss.
We’d love to hear your views on this.
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