Football: Finance

Department for Culture, Media and Sport written question – answered am ar 12 Awst 2024.

Danfonwch hysbysiad imi am ddadleuon fel hyn

Photo of Lord Bassam of Brighton Lord Bassam of Brighton Llafur

To ask His Majesty's Government what is their policy on ensuring financial redistribution between the leagues and clubs in English football.

Photo of Lord Bassam of Brighton Lord Bassam of Brighton Llafur

To ask His Majesty's Government what assessment they have made of the adequacy of current structures to protect the long-term financial sustainability of football clubs in England.

Photo of Baroness Twycross Baroness Twycross Baroness in Waiting (HM Household) (Whip), Parliamentary Under Secretary of State (Department for Culture, Media and Sport)

Despite the global success of English football, the game has fundamental governance problems that have led to excessive and reckless risk-taking at too many clubs. Ineffective regulation poses very real dangers to our national game, threatening the stability of the football pyramid, impacting fans across the country. The King’s Speech set out our plans to address this with legislation to establish an independent football regulator.

We will introduce this legislation as soon as parliamentary time allows.

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