Football governance bill explained and what it means for Manchester United

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Football's new independent regulator could bring big changes for Premier League clubs. Financial issues have been a problem in football for too long, but the UK government's new independent regulator is starting to make progress.

Clubs such as Portsmouth, Bury, Bolton and Blackburn Rovers have all suffered greatly in the last ten years due to administrative problems.

Other sides are also feeling the effects of poor ownership, including Derby County and Sheffield Wednesday. Even Everton might face punishment soon, with the Premier League suggesting a full 12-point deduction if another independent review finds them guilty over their finances.

But the government's new independent regulator could mean big changes for clubs across the country, including the likes of Manchester City and Manchester United. ALSO READ: Sir Jim Ratcliffe holding virtual meetings with Joel Glazer over potential United changes ALSO READ: Manchester United training squad ahead of Copenhagen as Marcus Rashford boost confirmed The introduction of an independent football regulator was outlined in Tuesday's King's Speech.

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