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2026-10-21T11:40:33.268Z

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European Government Sites Hit by Security Flaws

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Elon Musk mulls Tesla and SpaceX merger

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Netflix Q4 earnings forecast drops 7%

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British Authority to Investigate City

British Authority to Investigate City

The independent Football Regulator in England reaffirmed its ability to enforce owners to divest from club management if the club is not run in a proper and equitable manner. It also confirmed its authority to conduct an independent investigation into Manchester City following the club's appeal against a verdict that found it guilty of committing 114 financial violations. The regulator, established in July 2025, aims to safeguard the financial sustainability of the competition, possessing the power to assess the integrity of owners and senior officials. It can exclude any owner who does not meet the standards. The regulator indicated that it will wait for legal proceedings concerning City to conclude before making any decisions, focusing on individual management staff rather than the clubs directly. Additionally, Coxan, the regulator's chairman, discussed the rising expenses of clubs on player agents, which have exceeded £500 million, as well as club debts estimated in the billions of pounds, along with proposals to amend the distribution of the Premier League's revenue.

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