The Government have begun the process of hiring a chair for the Independent Football Regulator by advertising the £130,000-a-year position.
Applications are now being sought by the Department of Culture, Media and Sport (DCMS), who state they are seeking an 'outstanding individual' to chair the regulator, along with three non executive directors.
The DCMS state the chair will 'oversee the initial setting up of the regulator, including recruiting the CEO'.
The chair will also be tasked with sitting on a panel for other Ministerial non-executive appointments to the Board, ensuring the regulator has the resources it needs and fulfils its statutory objectives.
Maintaining and developing strong relationships with government, Parliament, football bodies and other major stakeholders has also been highlighted for the role.
The process has been launched by the Government to appoint a chair of the football regulator
The DCMS advert states that the chair will receive £130,000 per year, with the role having a time commitment of three days per week.
The successful candidate will serve up to five years, with the possibility of a second term.
The advert confirms that the regulator is expected to be based in Greater Manchester.
A deadline of November 8 has been provisionally set for applications, while interviews are expected to end on December 11.
The process is subject to the continued progress of the Football Governance Bill through Parliament.
The preferred candidate will be required to appear before a Parliamentary Select Committee prior to their appointment.
The DCMS have stated that the candidate will be required to have a strong understanding of economic and financial regulation, a credible understanding of the business of football and a commitment to the economic and social value of football and commitment to the strategic priorities of the regulator.
The regulator is expected to ‘tackle rogue owners and directors, implement a club licensing regime to help ensure a more consistent approach in how clubs are run, monitor club finances and improve fan engagement throughout the football pyramid’.
They added: ‘It will also have a backstop measure to mediate a fair financial distribution down the Leagues should the Premier League and EFL not be able to come to an agreement.’
Culture Secretary Lisa Nandy met with Premier League clubs on Wednesday after more details of the Football Governance Bill were released
The Premier League is set to oppose moves for the regulator to control parachute payments
An updated Football Governance Bill was introduced to the House of Lords on Thursday, with the Labour administration having made tweaks to strengthen the bill.
Changes introduced included giving the regulator ultimate control over parachute payments, a move which is expected to face strong opposition from the Premier League.
A clause which required the Regulator to take into account the government’s ‘foreign and trade policy’ when making decisions about club owners and directors has been dumped.
Labour say the move will ‘ensure the Regulator will be fully independent of government and industry’.