Lisa Nandy has warned the mega-rich Premier League is standing on “crumbling foundations.”

Culture Secretary Nandy insists that the new Football Governance Act will give fans “real power” to stop famous old clubs like Sheffield Wednesday from following Bury’s demise. But she has a stark warning for the top flight’s billionaire owners who she says tried desperately hard to block the Independent Football Regulator (IFR) coming into force.

The Government has issued a new list of pledges to guard against “rogue owners”, protection for a club’s identity and to stop future breakaways like the ill-fated European Super League.

And yet the Premier League has still not agreed a new “deal” with the EFL and rest of the football pyramid with clock now ticking before the IFR imposing their own rules.