Football Governance Bill [HL]

Debate between Baroness Taylor of Bolton and Lord Hayward

Committee stage
Wednesday 27th November 2024 Lords Chamber

[Baroness Taylor of Bolton (Lab)]

My Lords, I want to make a few brief comments, not least because, as I have been here rather a long time, I know what is happening when speakers use the words “word search” and “dictionary definition”. It is not exactly intended to accelerate the passage of a Bill. I will be brief even if others, perhaps, were not. I remind Members opposite that this Bill came out of an inquiry from a Conservative former Sports Minister and was a Conservative piece of legislation introduced in the other House, so it is not exactly rushed. In terms of sustainability, there are a heck of a lot of clubs that would settle for any guarantee that they had a future and that the future was more secure for them.

[Lord Hayward (Con)]

I have great respect for the noble Baroness, but she just made reference to comments I made in relation to word search. I believed that doing the word search emphasised the point I was trying to make in relation to the amendment that I had tabled and the comments that other people had made as well.

[Baroness Taylor of Bolton (Lab)]

That is how the noble Lord saw it, and I will say it how I saw it. What I was going to say in relation to the last contribution was that, yes, we all want the football leagues—the Premier League and everybody—to flourish and be more successful, but football will be a success only if the whole pyramid can flourish and be sustainable.

I want to say a word about Amendment 10, which is just one practical suggestion that could be considered to help clubs manage their own financial stability. One of problems we have seen in football over recent years is a degree of optimism on the part of football management about what it can achieve by minimal investment. Amendment 10, which my noble friend Lord Bassam and I have tabled, suggests that regulated clubs under the Bill should meet a financial commitment to have resources for at least six months. Many businesses are under very similar obligations. Charities have to have some financial security, so it would be worth considering whether we should actually make that kind of obligation something that the regulator should look at because, unless we get the overall funding of football clubs more sustainable, the whole pyramid will not be sustainable.