Premier League chief makes statement amid FFP fears with Arsenal, Chelsea and Tottenham impact

Premier League chief executive Richard Masters has warned legislators not to «wound the golden goose» through heavy regulation. The Football Governance Bill, which has the creation of an independent regulator for the sport at its core, is set for its second reading in Parliament after the Easter recess, and could bring with it big changes.

The Government and those who support the regulator believe it willencourage financial sustainability in the professional game and make clubs more accountable to their fans. However, Masters has again warned of the risks it poses.

«As chief executive of the Premier League, my overriding concern is that the bill would reduce our competitiveness and weaken the incredible appeal of the English game,» he wrote in The Times on Tuesday. «It is a risk that regulation will undermine the Premier League's global success, thereby wounding the goose that provides English football's golden egg.

»It is a risk to regulate an industry that has worked so hard to lead the world, especially when none of its competitors are subject to the same regulation. Those competitors are relishingthe prospect of the Premier League being uniquely constrained.

«Empires rise and fall — and while I am confident about the league's immediate future, it would be a mistake to be complacent about our place as the world's most popular league.»

Masters has raised the alarm over the potential for the regulator to be handedpowers to dictate the distribution of TV revenue from the Premier League down to the EFL and further into the football pyramid.

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