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The creation of an independent regulator for English football (IREF) has been "endorsed in principle" by the government.
Culture Secretary Nadine Dorries has welcomed the review and said the government will work on a "substantive response" to be presented next spring.
"We are at a turning point for football in this country," she said.
"Football requires a strong, independent regulator to secure the future of our national game.
"The government will now work at pace to determine the most effective way to deliver an independent regulator, and any powers that might be needed."
More to follow.