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- Women’s Championship teams write to FA to confirm interest in being part of joint ‘Newco’
- Second-tier clubs will reportedly receive 25% of the combined leagues’ commercial income
- New independent entity could be in place from early next season
Plans to create a new independent company to oversee the Women’s Super League (WSL) and Women’s Championship look to be back on after a U-turn from second-tier clubs, according to Sky News.
The new commercial structure for English domestic women’s soccer appeared in doubt after the majority of Championship teams voted earlier this week to reject its proposed funding and governance structure.
Sky News had reported that the clubs pushed back against the new company as it would’ve meant their voting rights being abolished on certain issues. It was understood that the proposals would have given Championship sides an equal vote on governance matters going forward, but a smaller voice on the approval of commercial deals.
Despite the setback, it was thought that talks would continue and the proposed company was not yet dead.
Sky News has now reported that a letter on behalf of the 12 Championship teams was sent on 23rd November to the Football Association (FA) to confirm their desire to be part of a joint ‘Newco’. It paves the way for a new company run independently of the FA that will administer the top two divisions of English women’s club soccer.
If implemented, second division sides will reportedly be in line to receive 25 per cent of the combined leagues’ commercial income.
The Newco structure could be in place from as early as next season and is expected to be funded with a UK£15 million (US$18.8 million) loan from the FA. The Premier League could also fund the new company, though this is considered less likely.
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