The Premier League stressed it to be "vital" that England's top flight remains an attractive investment destination after the United Kingdom government announced plans to establish a new independent regulator.
On Thursday, a white paper is due to be published that outlines the government's plans to introduce a new regulator to give clubs and fans "greater protections under a radical transformation of the rules governing how football is run in England".
It comes after the government pledged a fan-led review into football governance following the demise of clubs such as Bury and Macclesfield Town, who went out of business due to financial mismanagement.
The fan-led review was launched in 2021, the same year as the failed attempt to establish a new breakaway European Super League by a group of Premier League and European clubs.
The government says the new independent regulator will "help prevent repeat financial failings", strengthen the owners' and directors' test "to protect clubs and their fans from unscrupulous owners", give fans greater say in running clubs, and "block English clubs from joining unpopular breakaway leagues".
The Premier League's response on Wednesday was lukewarm, as it acknowledged the government's motive was to protect but voiced concerns about the English top flight's popularity or financial might being impacted by any drastic changes implemented by the regulator.
A Premier League statement read: "The publication of this white paper is a significant moment for English football. The Premier League and its clubs will now carefully consider the government's plan for England to become the first major nation to make football a government-regulated industry.
"The Premier League, alongside the rest of English football, is a global success. We fully recognise that the passionate support of millions of football supporters is fundamental to our competition.
"We are proud that our success has been consistently shared for the benefit of the wider game, and of our clubs, who have a positive impact every day in their local communities.
"The Premier League recognises the case for change in football governance and continues to implement stronger and more independent regulation.
"We are strengthening our ownership rules and are already providing £1.6billion in financial support to the wider game in this current three-year cycle. We appreciate the government's commitment to protect the Premier League's continued success.
"It is vital that regulation does not damage the game fans love to watch in the deepest professional pyramid in the world, or its ability to attract investment and grow interest in our game.
"We will now work constructively with stakeholders to ensure that the proposed government regulator does not lead to any unintended consequences that could affect the Premier League's position as the most-watched football league in the world, reduce its competitiveness or put the unrivalled levels of funding we provide at risk.
"The Premier League has already taken action to address many issues raised in the fan-led review and will work with government and parliamentarians on the next phase of the white paper.
"We are committed to delivering a football-led solution to address key issues in the game – including financial distributions, financial controls and the football calendar – together with The FA and the EFL [English Football League]."
Shaw struggling to be fit for FA Cup final after injury setback
Manchester United defender Luke Shaw is fighting against the odds to be passed fit for the crucial FA Cup final against rivals Manchester City.
Red Devils boss Erik ten Hag revealed the left-back’s injury has proven more complicated than first thought and added his chances of making the game are low, but has not definitively ruled out the England international.
He is more optimistic about Harry Maguire, though even the centre-back was only rated as having a “fair chance” of being passed fit to face Pep Guardiola’s men at Wembley on May 25.
Before that, United will finish their Premier League campaign with a match away to Brighton on Sunday.
Despite a desperately disappointing campaign, there are still two potential routes for United to make it into Europe for next season.
Ten Hag's side are eighth in the table, level on 57 points with seventh-placed Newcastle United, who visit Brentford on the final day.
If United beat FA Cup holders City, they will play in the Europa League next season.
Failure to do so would mean they must have finished seventh in the league to secure a spot in the Europa Conference League, so they will need to better Newcastle’s result on the final day.
Shaw has been restricted to playing in 15 games for United across all competitions this season. He was expected to return before the end of the campaign when he suffered a muscle problem in the away win over Luton Town in February.
Ten Hag was asked about Shaw and Maguire ahead of the last two games of United’s season, a fitness update which has added importance due to their likely inclusion, if fit, in England’s squad for Euro 2024 this summer.
"For England, I can't say, it's not up to me," Ten Hag said. "But for the cup final, we're working on it.
"Harry Maguire, it's a fair chance that he will be available.
“Luke is more complicated, in this moment, let's say it's a low chance that he will make it. But there is still a very small, reduced chance."
As well as giving Maguire a chance of making the final, Ten Hag also confirmed fellow defenders Raphael Varane and Victor Lindelof have returned to training in a boost ahead of the Man City clash.
Varane is leaving Man Utd at the end of the season, with a number of other players expected to follow him out the exit door, but Ten Hag wants his squad fully focused amid frenzied speculation over transfer activity.
"All the issues will only distract us,” he said.
“We know what we are building on, and we have to keep this process going.”
Shaw, 28, played in last season’s FA Cup final defeat to City and has also been a runner-up at the Euros, having scored in England’s eventual defeat on penalties to Italy in the Euro 2020 final.
Xavi eyes Barcelona titles after reaching 100 LaLiga games in charge
Barcelona coach Xavi reached 100 league games in charge of the club with a 2-0 win over Almeria, and although being on the verge of a second-place finish in LaLiga, he made it clear that he wants to win championships.
Xavi, who last month reversed his decision to leave the club at the end of the season, said he is concentrating on the future with changes already in mind for the club.
"I have every ambition to win titles. The economic situation is not the best and we are working to reverse it. We are planning the next season and I see it as an opportunity," Xavi told a press conference.
"We are getting the games ready to play the Super Cup next year. I really want Barca to win titles again.
"This year we haven't competed well enough to win them, but we've come close. I'm eager, excited and ambitious."
Xavi spent 17 years at Barcelona, making 767 appearances and winning 25 trophies, including four Champions Leagues and eight LaLiga titles.
Despite being a club great and winning LaLiga last year as coach, he has come under pressure this season after failing to catch Real Madrid, who have already secured the title, and losing to Paris Saint-Germain in the Champions League quarter-finals.
There are also the challenges of a bloated wage bill and a 1.6 billion euro ($1.7 billion) renovation project at the Camp Nou stadium.
But Xavi is clear that the club will fight to change.
"It's not an easy or pleasant situation. We want to win titles and we haven't done our homework, but we have a very good squad and I am happy with the level of ambition of the players," he added.
"We tell the players the importance of finishing second, but I want to compete and fight for titles."
Fermin Lopez's brace sealed a 2-0 win over bottom side Almeria on Thursday, with Barca now four points clear of Girona in third, with two games to play.
"I'm happy to help the team with goals and for the win, which we needed. We're going to fight for second place until the end and we're on the right track," said Fermin.
Liverpool confirm departure of defender Matip
Liverpool have confirmed the impending departure of long-serving defender Joel Matip.
The centre-back joined Liverpool as one of Jurgen Klopp's first signings back in 2016, and over an eight-year spell, has played a key role in the Reds' success.
Matip, 32, is out of contract at the end of the season, having not featured since December due to a serious knee injury.
On Friday, the club confirmed the former Schalke defender would be following Klopp in leaving Anfield.
Speaking to Liverpool's official club channels, Matip said: "It has been eight wonderful years here in Liverpool.
"I was allowed to be part of an exciting history with a great coach and an astonishing team in an extraordinary club. We have achieved great titles and have the best fans in the world.
"I am full of gratitude for the wonderful time I was able to experience with these unique people supporting the club and the fans who love Liverpool.
"My wife and I have felt welcomed and supported from day one and together with the kids we had the best imaginable time here. We will always keep it in special memories."
Klopp added: "In all the years that I have been involved in football, I am not sure I have come across too many players who are more loved than Joel.
"I'm not even sure it would be possible to say anything bad about him."
Injuries have curtailed Matip's recent seasons, with the former Cameroon international managing just 24 Premier League appearances across the last two campaigns.
He leaves Liverpool having won one league title, the Champions League, the FA Cup, EFL Cup, Community Shield and Super Cup.
Matip will get the chance to say goodbye to the Anfield faithful when Liverpool face Wolves in Klopp's final game on Sunday.
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