Football Clubs: Ownership Test

Lord Addington Excerpts

Monday 29th November 2021 Lords Chamber

[Lord Parkinson of Whitley Bay (Con)]

My Lords, the takeover of Newcastle United by PCP Capital Partners has always been a matter for the club and the Premier League, which undertook its own due diligence as part of the owners and directors test. My honourable friend Tracey Crouch looked into that with the fan-led review and, as I said, we welcome the report of that review and are looking at all its recommendations, including on the owners and directors test. We will come back with our response to those in full.

[Lord Addington (LD)]

My Lords, the Newcastle situation is rather different from others because part of a British city’s identity is effectively being taken over by a foreign power with a questionable reputation for human rights abuses. Are we going to take in special regulation that means that we actually look at that when we are considering football ownership—because we have such a profitable Premiership?

[Lord Parkinson of Whitley Bay (Con)]

My Lords, a lot of Newcastle United fans would take exception with the way that the noble Lord characterises that. They certainly welcome the investment in the club and the opportunity for dialogue, which is such an important part of sporting endeavour.