Speaking today, Mr Kogan noted that “nothing is ever forever,” adding: “At the moment, the sun is shining. There’s £9billion pounds a year coming in. This is the very moment to address the issues of liquidity and losses and debt, before suddenly you see the money going backwards and it’s too late.
“And our intention is to act before it’s too late. And I believe, actually, the world of football wants that, and that’s what we’re going to do.”
The IFR was established by the Government in 2025 under the Football Governance Act to protect English football’s long-term future and ensure its sustainability.
The organisation holds the power to enforce requirements related to financial regulation, club ownership, fan engagement, and the protection of club heritage.
Therefore, the report calling for major reform to the distribution of finances could have major impacts. It was found that, on average, Premier League clubs earn 8.7 times more than the average Championship club last season.
