Oral Answers to Questions Debate
Full Debate: Read Full DebateClive Efford
Main Page: Clive Efford (Labour - Eltham and Chislehurst)Department Debates - View all Clive Efford's debates with the Department for Digital, Culture, Media & Sport
(1 year, 7 months ago)
Commons ChamberI add my congratulations to my hon. Friend on her recent wedding and praise her for the work she has been doing in this area in support of her local football club, working closely with fans’ groups such as Action4Albion and Shareholders for Albion. We will set out our plans for reform in the White Paper, which will be published in the next few weeks and will include strong action on owners and directors to ensure that they are suitable custodians for clubs and to avoid harm to fans and local communities such as she has described.
Sustainable ownership in the long term can only be achieved if we sort out football finance. There are negotiations going on at the moment between the English Football League and the Premier League around the issue of parachute payments, which create a financial imbalance, particularly in the championship. There are 14 clubs in the premier league that will not move on the issue of parachute payments, because they are the most likely to fall into the championship. Are the Government going to act on that, or will it take a Labour Government to do it?
We have had extensive engagement with both the EFL and the Premier League, encouraging them to get on with the negotiations. Sometimes they have progressed and sometimes they have stalled, but I am pleased to say that they have been progressing somewhat more rapidly in recent weeks—I think the prospect of the coming White Paper may have encouraged that—and we hope they will come up with a solution that will bring financial stability to the whole of the pyramid.