Cost of English Football's Independent Regulator Doubles Initial Estimate

• The annual cost to clubs of English football's Independent Regulator (IFR) has risen to £20.3m.
• This amount is around double the initial estimate.
• The IFR has criticized Newcastle United and other clubs for spending large amounts on agents’ fees.
• The IFR prefers that the money be directed towards the players instead.
• The IFR's David Kogan has been vocal about the financial practices of clubs.