West Ham owner David Sullivan believes the Premier League 'may cease' to be the top division in the world if an independent regulator is introduced.
West Ham United owner David Sullivan says the Premier League "may cease" to be the world's top division if an independent regulator is introduced.
"Anything to water down our income will make us less competitive. We may cease to be the top league so they may ruin an asset that we have." Sullivan, who initially bought a stake in West Ham in 2010, said the government's track record with regulators is "appalling". The regulator may also step in if the Premier League and the EFL reach no agreement over how Premier League money is distributed across the football pyramid in England.The government has long warned the football authorities that an independent football regulator would have such powers to intervene."There is a big argument between the bottom 10, who want the top clubs to pay a lot more, and the top clubs want everyone to pay the same.
Those payments to each of the three relegated clubs are issued in declining instalments over three seasons.
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