Premier League clubs fail to reach EFL funding deal

What will an independent regulator mean for English football?

English football moved closer to gaining an independent regulator today, as the Football Governance Bill was introduced before Parliament. The regulator would license clubs in England’s top five tiers, and its primary responsibility would be to safeguard the financial sustainability of the men’s professional game. It would also have the power to resolve the dispute between the Premier League and the English Football League over financial distribution, should the two parties fail to agree a deal. Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

This Day in History: FDR Signs the Beer and Wine Revenue Act

This Day in History:, FDR Signs the Beer and Wine Revenue Act. March 22, 1933. After 14 years of Prohibition, the Beer and Wine Revenue Act finally allowed the sale and government taxation of alcoholic beverages with no more than 3.2% alcohol. The act was part of FDR's New Deal, a series of economic measures intended to pull America out of The Great Depression. It was one of his first actions as president. Its passage signaled the repeal of the 18th Amendment and the Volstead Act, which prohibited the sale of alcohol in the U.S. While a victory for the powerful temperance movement, Prohibition increased illegal trafficking of alcohol. It had little effect on its consumption. Later that year in December, the 21st Amendment was passed, bringing the era of Prohibition to an end