Football: Finance
Lords · Question HL482 · Tabled 30 Jul 2024 · Department for Culture, Media and Sport · Official record
Answered 12 Aug 2024
Question
Asked by Lord Bassam of Brighton
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.
Answer
Answered by Baroness Twycross, 12 Aug 2024
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 stabil...