Clive Betts
Main Page: Clive Betts (Labour - Sheffield South East)(1 year, 6 months ago)
Commons ChamberMay I again put on record my thanks for all the considerable work done by my hon. Friend in this area? She is right to highlight the fans, and they have been at the forefront of my mind in all the meetings I have held to discuss the White Paper. I agree that there is no threat to competition within the White Paper. If anything, it will bring about a great deal of confidence, and I hope we will see even more investment—dare I say from the right people? On the time frame, we will be doing a short, targeted consultation following the publication of the White Paper. My vision is to get on with this as quickly as possible, and I know that the Secretary of State shares that as far as—Members will expect me to say this—parliamentary time allows. In the meantime we are also considering the establishment of a shadow regulator to do much of the preparatory work, so that once it is enacted, the regulator can get on with the work straightaway.
I welcome the White Paper, which contains most of the important recommendations of the fan-led review. Most football fans in this country will not read the White Paper, and probably do not have an understanding of our deliberations here, but if we do not implement this and get it right, the same devastating consequences will befall some clubs over the next few years as have already befallen clubs such as Bury.
One of the most important things is that the enormous wealth of football is distributed more fairly through the whole pyramid. The Minister says the regulator’s powers will be a fallback, but I think they will be necessary. Paragraph 9.12 of the White Paper talks about the regulator deciding on the
“issues that any financing would need to address.”
Is it not more than that? The regulator needs a steer from the Government and from this House on what those issues should be. Does the Minister accept that the issues are twofold? We should have a fair distribution that, first, ensures the sustainability of all clubs throughout the pyramid and, secondly, prevents the cliff edge of parachute payments, which create unfair competition at various points in the pyramid.